No tortious duty of retrieval owed by the receiving bank in authorised push payment fraud (Santander UK plc v CCP Graduate School Ltd)
Dispute Resolution analysis: On appeal, it has been held that a master should have struck out a claim brought by a victim of authorised push payment (‘APP’) fraud against a recipient bank, of which the victim was not a customer, alleging a tortious duty of retrieval. The pleaded claim was premised upon a misinterpretation of the decision of the Supreme Court in Philipp v Barclays Bank UK plc. Written by Phillip Patterson, barrister, Gatehouse Chambers.