Legal Opinion

Reynolds v. Dime Savings Bank

Civil Court of the City of New York

Decided September 14, 1983Published

1Opinion of the Court

OPINION OF THE COURT

Herbert Kramer, J.

Is a bank responsible for funds withdrawn from the bank by the depositor in person while under duress in the course • of a kidnap-robbery?

FACTS

The plaintiff testified that while walking to a subway station, she was accosted by a stranger who upon the pretext of asking for directions forced her into a vehicle. That vehicle proceeded to the defendant’s bank and the plaintiff was forced under knifepoint to withdraw $1,000 from her account.

The bank pursuant to its internal policy required in addition to a signature on the withdrawal form, certain information…

2Cases cited5 opinions

  1. Adams v. . Irving National BankNew York Court of Appeals · 1889
  2. Osborn v. . RobbinsNew York Court of Appeals · 1867
  3. Novak v. Greater New York Savings BankNew York Court of Appeals · 1972
  4. Kalb v. Chemical Bank New York Trust Co.Civil Court of the City of New York · 1969
  5. Galloway v. WolfeAppellate Division of the Supreme Court of the State of New York · 1931

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