Question 194. - A cheque drawn on Bank A. by B. is forwarded for collection by Bank C. to Bank D. A. refuses the cheque, "N. S. F.," but B. tenders payment during the day or after three o'clock to D. Does D. incur any liability and, if so, what and to whom, in accepting payment, stamping it paid and delivering it to B. or his properly accredited representative? Apart from its legal aspect, is it not possible that such action on the part of D. would be regarded as an unfriendly act by A.?

Answer. - Bank D.'s acceptance of payment would be in the interest of all parties concerned, and we can see no ground for its being regarded by Bank A. as unfriendly, especially if the settlement was tendered after three o'clock. The drawer might have deposited" to cover and requested Bank D. to present again, but D. would be under no obligation to do that, even if requested by Bank A. as well as by the drawer.