Banker and customer Relationship
Definition of banker and customer
General relationship
Special relationship
Banker’s duty of secrecy, banker’s duty to honour cheques, banker’s lien, and banker’s right to set off
Appropriation of payments Garnishee order
Customer’s duties towards his banker
Opening of New Accounts
Special types of customers
Minor’s A/C, Joint A/C, Partnership A/C, Company’s A/C, Married women’s A/C, Trust A/C, Joint Hindu family A/C
Illiterate persons, lunatics, executors
Precautions required in case of administrators, clubs, societies and charitable institutions to open an account