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Bankers rights and Duties - Banking Law and Security - Lecture Slides

Slides, Banking Law And Practice

Post: November 9th, 2012
Description
Banker Customer Relationship, Law of Banking and Security, Common law, Judicial Interpretation, Bank of Chettinad v Commissioner of Income Tax, Paget’s Law of Banking and few other points are also part of this lecture on Banking Law and Security subject.
Banker Customer Relationship, Law of Banking and Security, Common law, Judicial Interpretation, Bank of Chettinad v Commissioner of Income Tax, Paget’s Law of Banking and few other points are also part of this lecture on Banking Law and Security subject.
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Contents
Law of Banking and Security Law Docsity.com Content Content Banker’s Rights and Duties Banker Customer’s Rights and Duties Customer Termination of Banker-Customer Relationship Termination Docsity.com Banker’s rights and duties Banker 1.. Right to commission/service charge 1 2.. Right to interest 2 3.. Right to set-off 3 Docsity.com Right to commission/service charge Right -right to charge a customer commission & right service charges for keeping the account, clearing cheques and etc. cheques fixed by Association of Bankers. For deposit account, no service charge/commission account, Docsity.com Right to interest Right express agreement between the banker and the customer/ Sometimes through an agreement implied from the usual course of dealings between the B and C.. C Docsity.com Right to set-off Right the bankers may only exercise the right of setthe off when all the relevant accounts are held in the off same right. same Docsity.com Right to set-off Right Rahimah..

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