Question 364. - A savings depositor issues a cheque against his account for an amount greater than the balance actually at the credit of the account, though the balance together with the accruing interest would be sufficient to cover the cheque. The cheque is presented through the clearing house and is returned "N.S.F." by the ledger-keeper. Has the depositor any ground for complaint?

Answer. - Where interest is agreed to be credited on certain specified dates, a customer who issues a cheque which includes interest accrued but not yet due has no cause for complaint if his cheque is refused on that ground.