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Launching The nature of the banker-customer human relationship is one of agency. Amongst the duties that prow from this human relationship, the bank’s responsibility of confidentiality is clearly an upsho of great grandness. The focus of this essay is on the CRO and limitations of the bank’s responsibility, both to its customers as to the public.
Table of contents
- Relationship banking essay in 2021
- Banker customer relationship
- Bank duty to customer
- Debtor-creditor relationship in banking law
- Lessor lessee relationship
- Importance of banker customer relationship
- Relationship between banker and customer ppt
- Legal relationship between banker and customer pdf
Relationship banking essay in 2021
Banker customer relationship
Bank duty to customer
Debtor-creditor relationship in banking law
Lessor lessee relationship
Importance of banker customer relationship
Relationship between banker and customer ppt
Legal relationship between banker and customer pdf
What are the requirements for a bank relationship?
The first requirement of establishing bank-customer relationship is that an individual must be classified as a customer. Not all persons who approached the bank for services will automatically be considered as a customer.
How are relationships between banks and their customers?
There are many types of relationships which can arise between a bank and its customers as bank nowadays are providing many types of services to the public. The relationships are usually complex as a result of the huge variety of product and services being offered by the bank in the modern era.
Can a bank become a customer of another bank?
It is possible for a bank to become the customer of another bank. Central banks normally tend to perform the function of a bankers bank. The question then is can a person claim to be a customer of a bank if an account has been opened in his name without his/her authority.
Is the relationship between a bank and a customer fiduciary?
The House of Lords in Foley v Hill [4] described the nature of this relationship as a debtor (bank)-creditor (customer) relationship. This is not fiduciary in nature as the bank would not be able to retain the profits made by investment its customers’ money if the bank is classified as a fiduciary.
Last Update: Oct 2021