explain relationship b/w bank and its customers
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Explanation:
The relationship between the banker and customer is, generally, like a 'Commercial Transaction'. ... The banker is the debtor of the customer with the obligation to honor his customer's cheque drawn upon his balance. When the banker lends money to his customer, the customer becomes the debtor and the banker, the creditor.
Answered by
1
Answer:
The relationship between the banker and customer is, generally, like a 'Commercial Transaction'. ... The banker is the debtor of the customer with the obligation to honor his customer's cheque drawn upon his balance. When the banker lends money to his customer, the customer becomes the debtor and the banker, the creditor
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