Banker and Customer Relationship

Bankers Customer relationship.



Md. Kamrul Ahsan
Principal Officer
Al-Arafah Islami Bank Training & query Academy, Dhaka.

Who is a affirmer ? :

The word banker is defined dissimilarly by various authors. Instead of going to those comments, we may keep our eyes to the definition given by the on the table instruments Act 1881. In portion 3 of this act it is defined as, banker is a person transacting the fear of accepting, for the purposes of lending or Investment of deposits of notes from public due on demand or otherwise & with drawable through cheque, draft, recite or otherwise and includes any post office nest egg bank.

It is clear from the above definition that anybody dealing in money & credit is not a banker. To be a banker, lodges main function will have to be business of banking.

Who is a Customer ? :

But it is very enkindle that the word customer is not defined by the negotiable instruments Act or by any other law. heterogeneous authors tried to define the word & many 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 theory 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 essence.

However various definition of contrasting authors, courts indicate that a person should satisfy at least(prenominal) three condition to be customer:

1. He should some sort of account irrespective of frequency of transaction in that account.
2. A banker should habitually undertake to act for him.

3. The dealings should be in the nature of regular banking business.


Availing DD/TT & locker facilities or other service accordingly without having any account with the bank are
not enough to become a customer.

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