Title
The Real Bank , Inc. vs. Maningas
Case
G.R. No. 211837
Decision Date
Mar 16, 2022
A Filipino-British national sued two banks after forged checks were deposited by an impostor. Courts ruled the collecting bank negligent for failing to verify the depositor's identity, while the drawee bank followed proper procedures. Legal interest was adjusted.

Case Summary (G.R. No. 36595)

Petitioner, Respondent and Claims

Maningas, a Filipino-British national, drew two crossed checks from his Metrobank Greenhills, Eisenhower branch accounts—₱550,000 and ₱602,700—payable to his friend Bienvenido Rosaria. The checks were mailed to Rosaria’s sister in Parañaque City for deposit. Metrobank debited Maningas’s account and paid the checks to an individual posing as “Bienvinido Rosaria,” who opened an account with Real Bank in Bacoor, Cavite, deposited the checks, and withdrew the proceeds. Maningas sued both banks for recovery of ₱1,152,700 plus damages and attorney’s fees, alleging negligence, forged endorsements, and breach of implied warranties.

Key Dates

– August 22, 2006: Issuance of two crossed checks by Maningas
– September 15, 2006: Formal demand on Real Bank
– February 10, 2009: Filing of complaint in RTC Makati, Branch 61
– June 22, 2012: RTC Decision ordering Real Bank to pay
– September 13, 2012: RTC Resolution denying reconsideration
– November 29, 2013: CA Decision affirming RTC
– March 14, 2014: CA Resolution denying reconsideration
– March 16, 2022: Supreme Court Decision

Applicable Law

– 1987 Philippine Constitution (freedom from deprivation of property without due process)
– Negotiable Instruments Law (Act 2031): Sections 65–66 (endorser warranties; indorser liability), Section 9 (fictitious payee rule)
– Republic Act No. 1405 (Secrecy of Bank Deposits)
– Republic Act No. 8791 (General Banking Law of 2000): highest degree of care standard for banks
– A.M. No. 03-1-09-SC (pre-trial guidelines)

RTC Findings and Ruling

The Regional Trial Court held:
• The intended payee was Rosaria; the misspelling “Bienvinido” was inadvertent.
• Metrobank (drawee) was not negligent: it paid upon genuine presentment and relied on Real Bank’s guarantee.
• Real Bank (collecting bank and last indorser) breached its warranty under Section 66 NIL by failing to ascertain the genuineness of prior endorsements, inadequately vetting identification documents, and ignoring notice of suspected forgery.
• The fictitious-payee rule did not apply because Rosaria exists and was the intended payee.
• Real Bank was solely liable to Maningas for ₱1,152,700 plus 6% interest per annum from filing until full payment. Metrobank’s cross-claim against Real Bank was dismissed.

CA Ruling

The Court of Appeals affirmed:
• RTC properly admitted additional documentary and testimonial evidence—Real Bank waived objections by inaction.
• Maningas exercised due diligence; he was not grossly negligent in misspelling or mailing the checks.
• Real Bank failed the high standard of care under the General Banking Law and breached its guarantee.
• The fictitious-payee rule was inapplicable.
• No violation of RA 1405 occurred, since the impostor’s account was directly at issue in the litigation.

Issue Before the Supreme Court

Whether Real Bank is liable to return the amount of the checks to Maningas, applying the 1987 Constitution and relevant banking and negotiable instruments law.

Supreme Court Analysis and Holding

  1. Banks’ Sequence of Liability
    – Drawee bank (Metrobank) is under strict liability to charge a drawer’s account only for properly payable checks and may seek reimbursement from the collecting bank upon unauthorized payment.
    – Collecting bank (Real Bank), as general endorser, warrants under Section 66 NIL the genuineness of prior endorsements and is liable for breaches of those warranties.

  2. Metrobank’s Non-Liability
    – Metrobank’s acquittal became final due to the absence of appeal. It strictly complied with its duty by paying the named payee, despite a typographical error.

  3. Real Bank’s Liability
    – Real Bank’s guarantees were false: the impostor lacked title and used forged endorsements.
    – The bank was negligent in document verification and inaction upon notice of forgery.
    – Maningas exercised due diligence; his inadvertent misspelling does not preclude the defense of forgery or shift liability.

  4. Direct Recovery and Simplification
    – Direct recourse against the collecting bank is permissible where drawee bank liability is final or strictly compliant with its duties.

  5. Fictitious-Pay

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