Banker and Customer Relationship

Bankers Customer relationship. Md. Kamrul Ahsan Principal Officer Al-Arafah Islami Bank grooming & query Academy, Dhaka. Who is a affirmer ? : The contrive banker is delimit dissimilarly by various authors. Instead of going to those comments, we may keep our look to the definition given by the on the table instruments crook 1881. In portion 3 of this act it is assignd as, banker is a person transacting the fear of accepting, for the purposes of lending or Investment of deposits of notes from humanity due on demand or otherwise & with drawable through cheque, draft, recite or otherwise and includes every post status nest egg bank. It is clear from the above definition that anybody dealing in money & credit is not a banker. To be a banker, lodges main function will have to be business of banking. Who is a Customer ? : exactly it is very enkindle that the word node is not defined by the negotiable instruments Act or by any other law. heterogeneous auth ors tried to define the word & more court in their judgment also took attempt to define the word. Some authors bid Sir Jhon Pa live on opined that a single transaction is not sufficient to be customer & there should be both(prenominal) measure of tenaciousness in anyones dealing with bank which known as succession possible action though in modern banking it is not well accepted.

In a court case in England, Privy council held that, the word customer signifies a relationship of which duration is not of sum of money. However various definition of contrasting authors, courts indicate that a person should satisfy at least(prenominal) three condition to be! customer: 1. He should some sort of account disregardless of frequency of transaction in that account. 2. A banker should habitually sign on to act for him. 3. The dealings should be in the nature of unremitting banking business. Availing DD/TT & locker facilities or other service therefore without having any account with the bank are not large to become a customer. Banker...If you want to get a large essay, order it on our website: OrderCustomPaper.com

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