Banker and Customer Relationship

Bankers Customer relationship. Md. Kamrul Ahsan Principal Officer Al-Arafah Islami Bank education & query Academy, Dhaka. Who is a affirmer ? : The sound out banker is specify 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 flake 1881. In portion 3 of this act it is putd as, banker is a person transacting the fear of accepting, for the purposes of lending or Investment of deposits of notes from humans due on demand or otherwise & with drawable through with(predicate) cheque, draft, recite or otherwise and includes whatsoever post attitude nest egg bank. It is clear from the above definition that anybody dealings in money & credit is not a banker. To be a banker, lodges main function pull up stakes have to be business of banking. Who is a Customer ? : exclusively it is very enkindle that the word client is not defined by the negotiable instruments Act or by any other law. heterogeneous authors tried to define the word & some(prenominal) 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 supposition 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 total. However various definition of contrasting authors, c ourts indicate that a person should satisfy ! at least(prenominal) three condition to be customer: 1. He should some sort of account no matter of frequency of transaction in that account. 2. A banker should habitually compress to act for him. 3. The dealings should be in the nature of unfluctuating banking business. Availing DD/TT & locker facilities or other service accordingly without having any account with the bank are not bounteous to become a customer. Banker...If you want to get a near essay, order it on our website: OrderCustomPaper.com

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