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Article 866: Responsibility of the bank for non-performance or improper execution of a payment order

📅 Updated: 30.09.2026

1. In the event of non-performance or improper execution of a payment order, the bank shall be liable to the payer in accordance with chapter 25 of this Code, subject to the provisions provided for in this Code. 2. In cases where the failure or improper execution of a payment order has occurred in connection with a breach of the rules of transfer by the intermediary bank or the recipient ' s bank Money or contract between banks, liability to the payer may be attributed by the court to the intermediary bank or the bank of the recipient of the funds, which in this case is liable to the payer The payer ' s bank may be held jointly and severally liable in such cases if it has chosen a broker bank. and the terms of the contract resulted in the late transfer of funds, and banks are required to pay interest in the manner and amount provided for in articles 395 of the present Code.