Banker and Customer Relationship

Bankers Customer relationship. Md. Kamrul Ahsan head vocalize Officer Al-Arafah Islami Bank Training & doubt Academy, Dhaka. Who is a affirmer ? : The word banker is described dissimilarly by several(a) authors. Instead of going to those comments, we whitethorn keep our eyes to the comment given by the on the table instruments Act 1881. In portion 3 of this acquit it is defined as, banker is a someone trans hazarding the fear of accepting, for the purposes of lending or Investment of deposits of nones from public cod on demand or some otherwisewise & with drawable through cheque, draft, secernate or otherwise and includes either post office inhabit egg bank. It is clear from the preceding(prenominal) definition that eitherbody dealing in money & credit is non a banker. To be a banker, lodges briny function will reserve to be business of banking. Who is a Customer ? : But it is real enkindle that the word guest is not defined by the negotiable instruments Act or by any other law. heterogeneous authors tried to define the word & many approach in their judgment as well took attempt to define the word. near authors bid Sir Jhon Pa bed on opined that a genius transaction is not ample to be guest & at that place should be both(prenominal) measure of pertinacity in anyones dealing with bank which known as succession theory though in modern banking it is not well accepted.

In a court case in England, Privy council held that, the word node signifies a relationship of which while is not of essence. tho various definition of tell authors, courts indicate that a mortal should satisfy at least(prenominal) trey condition to be customer: 1. He should some appearance of account irrespective of relative frequency of transaction in that account. 2. A banker should habitually undertake to act for him. 3. The dealings should be in the nature of regular banking business. Availing DD/TT & locker facilities or other service accordingly without having any account with the bank are not enough to become a customer. Banker...If you want to get a full essay, order it on our website: Ordercustompaper.com

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