Relationship Between Banker and Customer
Banking, Business

Relationship Between Banker and Customer

1. Debtor and Creditor: The relation between a banker and his customer is primarily that of a debtor and creditor, which can be explained in following ways. (i) Bank (Debtor) & Customer (Creditor): When a customer deposits money in his account, the money is to be considered as the money of depositor, so he has the right to withdraw it…

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