Loan via Bank Transfer | Loans | Ask the Rabbi - SHEILOT.COM

Loan via Bank Transfer

Question

Does a loan via bank transfer exempt from a promissory note because there is a bank record?

Answer

One can rely on this because this record, even if it is not certain, can obligate the other party to an oath.

Source

Shulchan Aruch, Choshen Mishpat, Siman 70, Bava Metzia 75

Comments

Have an additional question on this topic or need clarification? Leave your comment below. (Please note that the comment will not be published but will be sent directly to the answering Rabbi for review and a private response)

Please sign up or log in to submit your comment