Mars Tours and Travel Ltd v Stanbic Bank Ltd 11 July 2014 (HCCS 120 of 2010)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that where chargeback amounts arising from POS device transactions were never credited to the merchant's account according to independent audit findings, the merchant bank cannot debit the merchant's account for chargeback liability. While the merchant agreement permits the bank to debit the merchant account for chargebacks, this right only applies to amounts actually credited to the merchant. The freezing of the merchant's account was unwarranted as the bank had a contractual remedy of direct debit. The plaintiff is entitled to access funds standing to its credit and general damages for the wrongful freezing. Each party awarded general damages.
Outcome
Plaintiff granted permission to operate its account and awarded damages and interest on frozen funds. Defendant's counterclaim for chargeback liability dismissed; defendant awarded general damages for inconvenience.
Facts
The plaintiff operated a merchant account with the defendant bank under a Merchant Agreement for accepting MasterCard, Visa, and debit cards. The defendant provided a point-of-sale (POS) device to process card payments. In May 2009, the defendant froze the plaintiff's account following allegations of fraudulent transactions and chargeback liability amounting to Uganda shillings 359,079,764/=. At the time of freezing, the account held Uganda shillings 92,930,000/= (later stated as 88,258,500/=). A Magistrate's Court order froze the account for six months, but it remained frozen beyond that period. The defendant alleged the plaintiff used the POS device to make fictitious claims and perpetrate fraud against cardholders. The case was stayed pending a test suit (Konark Investments v Stanbic Bank). After the test suit, the parties agreed to an independent audit to reconcile accounts and determine whether chargeback transaction amounts were ever credited to the plaintiff's account. The auditors found that none of the 112 chargeback transactions were credited to the plaintiff's account.
Issues
- Whether the freezing of the plaintiff's merchant account was lawful and justified.
- Whether the plaintiff was liable for chargeback amounts arising from allegedly fraudulent credit card transactions conducted via the point-of-sale device.
- Whether the amounts in the chargeback record were credited to the plaintiff's bank account.
- What remedies, including damages and interest, are available to the plaintiff for the unlawful freezing of its account.
- Whether the defendant was entitled to damages for losses arising from chargeback liability.
Orders
- Declaration that the freezing of the plaintiff's account was unwarranted.
- Order permitting the plaintiff to operate its account in the ordinary course.
- Award of interest on the sum of Uganda shillings 88,258,500/= standing to the plaintiff's credit at the rate of 21% per annum from 1 June 2009 to the date of judgment.
- Award of general damages of Uganda shillings 10,000,000/= to the plaintiff.
- Award of interest on all pecuniary awards to the plaintiff at 21% per annum from the date of judgment until payment in full.
- Defendant's counterclaim dismissed as to chargeback liability against the plaintiff's account.
- Award of general damages of Uganda shillings 10,000,000/= to the defendant for inconvenience caused by the operation of the POS device generating chargeback liability.
- Award of interest on the defendant's general damages at 21% per annum from the date of judgment until payment in full.
- Each party to bear its own costs of the suit.
Rules and key headnotes
Legislation cited (4)
Cases cited (5)
- Konark Investments (U) Ltd v Stanbic Bank (U) Ltd (HCCS No. 116 of 2010)
- Amos versus Chadwick (1876) Vol IX Ch. D 459
- Dharamshi v Karsan [1974] 1 EA 41
- Rawal v Mombasa Hardware Ltd [1968] EA 392
- Dr James Akampumuza and another versus Makerere University Business School and two others Miscellaneous Application Number 514 of 2012
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.