Social Sciences, asked by maaz91, 8 months ago

how will be the relationship of banks with their coustmers​

Answers

Answered by studymaster45
2

•The general legal relationship of bank and customer is contractual relationship, started from the date of opening an account. [1] When customer deposits money into his bank account, the bank becomes a debtor of the customer. [2] No new contract is created every time there is a new deposit as the account is continuing in nature. [3] The banker is not, in the general case, the custodian of money.

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