Crawfurd v The Royal Bank

Crawfurd v The Royal Bank (1749), also spelled Crawford v The Royal Bank,[1] was a Court of Session case in Scotland which established the "absolute currency of money",[2] i.e. the fungibility of banknotes.[3]

  1. ^ Thomson, Robert (1836). A Treatise on the Law of Bills of Exchange, Promissory-notes, Bank-notes, Bankers' Notes, and Checks on Bankers, in Scotland. Edinburgh: Adam & Charles Black. p. 95.
  2. ^ MacDowall, Andrew (Lord Bankton) (1751). An Institute of the Laws of Scotland in Civil Rights. Edinburgh: R. Fleming. p. 489.
  3. ^ Reid 16.