Lost KCB Appeal Spells Out Bank Duties in Mobile Money Mishaps

A High Court ruling arising from a Sh2,050 mistaken mobile money transfer involving KCB could have implications far beyond the value of the disputed payment. By dismissing the bank’s appeal, the court clarified that banks have a legal duty to act promptly to preserve disputed funds once they are notified that an electronic transfer was … The post Lost KCB Appeal Spells Out Bank Duties in Mobile Money Mishaps appeared first on TechTrendsKE .

This article continues with more details and analysis.

Read the complete article on TechTrends KE →