Laws
Bills of Exchange Act 1949
Part 3
s 75

In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)

Contents

Bills of Exchange Act 1949

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1Preliminary

2Bills of Exchange

3Cheques Drawn on Banker

73Cheque defined
74Presentment of cheque for payment
75Revocation of banker’s authority
76General and special crossings defined
77Crossing by drawer or after issue
78Crossing a material part of cheque
79Duties of banker as to crossed cheques
80Protection to banker and drawer where cheque is crossed
81Effect of “not negotiable” crossing on holder
82Non-transferable cheques
83Protection of bankers paying unindorsed or irregularly indorsed cheques, etc.
84Rights of bankers collecting cheques not indorsed by holders
85Unindorsed cheques as evidence of payment
86Protection of bankers collecting payment of cheques, or certain other instruments
87Application of certain provisions to instruments not being bills of exchange
88Saving
89Alternative means of presentment
90Image return document
91Regulations

4Promissory Notes

5Supplementary

Bills of Exchange Act 1949 · 2020 Revised Edition · Part 3 · Cheques Drawn on Banker

75. Revocation of banker’s authority

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Official textFrom Singapore Statutes Online, unchanged

The duty and authority of a banker to pay a cheque drawn on him by his customer are determined by —

Authority

Defined · s 2

“Authority” means the Monetary Authority of Singapore established under the Monetary Authority of Singapore Act 1970;

Open s 2

(a)

countermand of payment;

(b)

notice of the customer’s death.

Terms defined in s 2

Authority
Defined · s 2
“Authority” means the Monetary Authority of Singapore established under the Monetary Authority of Singapore Act 1970;
Open s 2
banker
Defined · s 2
“banker” includes a body of persons, whether incorporated or not, who carry on the business of banking;
Open s 2

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Part 4

Promissory Notes

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Part 5

Supplementary

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Details

Bills of Exchange Act 1949 · s 75

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Where this comes from

Singapore Statutes Online · Bills of Exchange Act 1949, 2020 Revised Edition. Reader record updated on 7 Oct 2026.

Singapore legislation is Government copyright, used with the permission of the Attorney-General’s Chambers. Check Singapore Statutes Online for the latest version.

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