Philippine Bank of Commerce vs. CA

PHILIPPINE BANK OF COMMERCE, now absorbed by PHILIPPINE COMMERCIAL
INTERNATIONAL BANK, ROGELIO LACSON, DIGNA DE LEON, MARIA ANGELITA

PASCUAL, et al. vs. THE COURT OF APPEALS, ROMMEL'S MARKETING CORP.,
G.R. No. 97626 March 14, 1997
By: A. Halina
FACTS:
On May 5, 1975 to July 16, 1976, Romeo Lipana claims to have entrusted RMC funds
in the form of cash totalling P304,979.74 to his secretary, Irene Yabut, for the purpose of
depositing said funds in the current accounts of RMC with Philippine Bank of Commerce
(PBC). They were not credited to RMC's account but were instead deposited to Account
No. 53-01734-7 of Yabut's husband, Bienvenido Cotas. Romeo Lipana
never checked their monthly statements of account reposing complete trust and
confidence on PBC.
Irene Yabut's modus operandi was to furnish 2 copies of deposit slip upon and both are
always validated and stamped by the teller Azucena Mabayad;
original showed the name of her husband as depositor and his

current account number - retained by the bank
duplicate copy was written the account number of her husband but the
name of the account holder was left blank
After validation, Yabut would then fill up the name of RMC in the space left blank
in the duplicate copy and change the account number to RMC's account number
This went on in a span of more than 1 year without private respondent's knowledge.
Upon discovery of the loss of its funds, RMC demanded from PBC the return of its
money and later on filed in the RTC.
RTC ruled that PBC and Azucena Mabayad are jointly and severally liable. CA affirmed
with modification deleting awards of exemplary damages and attorney's fees.
ISSUE:
1. Whether or not applying the last clear chance, PBC's teller is negligent for failing
to avoid the injury by not exercising the proper validation procedure.
2. Whether or not there was contributory negligence by RMC.
HELD: 60-40 ratio. Only the balance of 60% needs to be paid by the PBC
1. YES. The fact that the duplicate slip was not compulsorily required by the bank in
accepting deposits should not relieve the PBC of responsibility. The odd circumstance
alone that such duplicate copy lacked one vital information (Name of the account
holder) should have already put Ms. Mabayad on guard.
Negligence here lies not only on the part of Ms. Mabayad but also on the part of
the bank itself in its lack in selection and supervision of Ms. Mabayad.
Mr. Romeo Bonifacio, then Manager of the Pasig Branch of the petitioner bank
and now its Vice-President, to the effect that, while he ordered the investigation of
the incident, he never came to know that blank deposit slips were validated in total
disregard of the bank's validation procedures until 7 years later
last clear chance/supervening negligence/discovered peril
where both parties are negligent, but the negligent act of one is
appreciably later in time than that of the other, or when it is impossible to determine
whose fault or negligence should be attributed to the incident, the one who had the
last clear opportunity to avoid the impending harm and failed to do so is chargeable
with the consequences thereof
antecedent negligence of a person does not preclude the recovery of
damages for the supervening negligence of, or bar a defense against liability sought
by another, if the latter, who had the last fair chance, could have avoided the
impending harm by the exercise of due diligence.
Here, assuming that RMC was negligent in entrusting cash to a
dishonest employee, yet it cannot be denied that PBC bank, thru its teller, had the
last clear opportunity to avert the injury incurred by its client, simply by faithfully
observing their self-imposed validation procedure.
Art. 1173. The fault or negligence of the obligor consists in the omission of that
diligence which is required by the nature of the obligation and corresponds with the
circumstances of the persons, of the time and of the place. When negligence shows
bad faith, the provisions of articles 1171 and 2201, paragraph 2, shall apply.
If the law or contract does not state the diligence which is to be observed in the
performance, that which is expected of a good father of a family shall be required.
In the case of banks, however, the degree of diligence required is more than that of
a good father of a family. Considering the fiduciary nature of their relationship with
their depositors, banks are duty bound to treat the accounts of their clients with
the highest degree of care
2. YES. It cannot be denied that, indeed, private respondent was likewise negligent in
not checking its monthly statements of account. Had it done so, the company would
have been alerted to the series of frauds being committed against RMC by its secretary.
The damage would definitely not have ballooned to such an amount if only RMC,
particularly Romeo Lipana, had exercised even a little vigilance in their financial affairs.
This omission by RMC amounts to contributory negligence which shall mitigate the
damages that may be awarded to the private respondent.
Article 2179 of the New Civil Code:
When the plaintiff's own negligence was the immediate and proximate cause of his
injury, he cannot recover damages. But if his negligence was only contributory, the
immediate and proximate cause of the injury being the defendant's lack of due care, the
plaintiff may recover damages, but the courts shall mitigate the damages to be
awarded.
DISPOSITIVE: WHEREFORE, the decision of the respondent Court of Appeals is
modified by reducing the amount of actual damages private respondent is entitled to by
40%. Petitioners may recover from Ms. Azucena Mabayad the amount they would pay
the private respondent. Private respondent shall have recourse against Ms. Irene Yabut.
In all other respects, the appellate court's decision is AFFIRMED.

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PHILIPPINE BANK OF COMMERCE, now absorbed by PHILIPPINE COMMERCIAL

INTERNATIONAL BANK, ROGELIO LACSON, DIGNA DE LEON, MARIA ANGELITA

original showed the name of her husband as depositor and his

2. Whether or not there was contributory negligence by RMC.

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