15 Combination of Bank Accounts

15.01 When a customer has more than one account with a bank, one of which is in credit and another in debit, it is said that the bank may in some circumstances combine, or consolidate, the accounts and proceed on the basis that there is only one debt for the balance.1 The accounts need not be at the same branch.2 Nor is it necessary that the account in credit should have resulted from a deposit by the customer. A combination may arise in relation to an account that originally was opened in the name of a third party but which became payable to the customer.3 15.02...