Pan American Bank of Miami v. Yanco

This is an appeal by a drawee bank from an adverse summary judgment for money damages in favor of the purchaser of a cashier’s check paid by appellant. The facts are substantially identical to those involved in Pan American Bank of Miami v. Goldszmidt, 364 So.2d 505 (Fla. 3d DCA, Case No. 78-72), filed this day. That case controls our decision herein.

Appellee purchased from appellant a cashier’s check made payable to “The Shores Corporation of Miami Escrow Acct. for Unit 301D Bldg. “C” B/O Ernesto Yan-co.” The check was endorsed:

“For Deposit Only The Shores Corp. of Miami 009-726-6”

and…