Saturday, March 25, 2017

How Banker-Customer relationship can be terminated?



Answer:
Bankers customer relationship may be terminated under the following reasons:
Ø  Customer Death
Ø  Attachment of the order of income tax authorities
Ø  Insanity of customer
Ø  Insolvency  of customer
Ø  On receipt of Garnishee order
Ø  Undesirable Customer
Ø  Unclaimed deposit account.

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