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  5. 77 N.Y.2d 362 (1991)
 

BANQUE WORMS v. BANKAMERICA

77 N.Y.2d 362 (1991)

Banque Worms, Plaintiff, v. Bankamerica International, Defendant and Third-Party Plaintiff. Security Pacific International Bank, Third-Party Defendant.

Court of Appeals of the State of New York.

Decided February 12, 1991.

Attorney(s) appearing for the Case

J. Portis Hicks, Gregg J. Borri and E. Allan Farnsworth for plaintiff.

Sarah L. Reid and Alan R. Kusinitz for third-party defendant.

Chief Judge WACHTLER and Judges SIMONS, KAYE, TITONE, HANCOCK, JR., and BELLACOSA concur.

ALEXANDER, J.

On April 10, 1989, Security Pacific International Bank (Security Pacific), a Federally chartered banking corporation with offices in New York City, mistakenly wired $1,974,267.97 on behalf of Spedley Securities (Spedley), an Australian corporation, into the account of Banque Worms, a French Bank, maintained with BankAmerica International (BankAmerica), another Federally chartered bank with New York...

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