Question 454. - Bank "A" sends in an item to bank "B" due to-day for acceptance, bank "B" accepts it, and bank "A" immediately sends it in on their deposit of the same day. The item is for $4,500. Bank "A" asks bank "B" for a settlement. Bank "B" protests to bank "A" against sending in such items on deposit on the same day they are due, claiming that it is not customary to do so. Bank "A" replies that it is quite customary when the items are large and there is no clearing house in the town. The custom heretofore prevailing here was the accepting of items the day they are due and sending them on deposit the next day. What is the custom in other places in this respect?

While bank "A" was legally justified in their action, was it not violating a regular and established custom?

Answer. - There was no impropriety in bank "A" requiring immediate payment of the item.