Swiss Credit Bank v. Virginia National Bank-Fairfax, Formerly Community Bank and Trust Company

PER CURIAM: ■

This is an action by a foreign bank, which cashed a cashier’s check, against a Virginia Bank which issued the check and then refused to honor it. On cross motions for summary judgment, the court below granted judgment for Swiss Credit.

The question decided below was whether the bank’s notice of refusal to honor the check was timely under the Uniform Commercial Code and/or under the Rules for the Collection of Commercial Paper promulgated by the International Chamber of Commerce.

We see no need to reach the question of timeliness of the notice of dishonor. A cashier’s check is a…