ABSTRACT

The balance standing to the credit of a bank account is not a book debt as it is not

due in the course of trading nor in the ordinary course of business.

This view is supported by Re Brightlife Ltd. [1987] Ch 200, Northern Bank Ltd v

Ross [1991] BCLC 504, CA and Morris v Agrichemicals Ltd (BCCI No 8) [1997]

3 WLR 909, HL.