Question 424 - The B of H makes a draft on the B of T with advice, "pay to the order of John Jones the sum of $.... and charge to our account." When the draft is presented the bank say they have not received an advice. How long must the customer keep it before he can enforce payment?

Answer. - If drawees refuse to pay on account of want of advice, holder has no recourse against drawee, but has immediate recourse against drawers.