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BANKER AND CUSTOMER RELATIONSHIP: A LEGAL PERSPECTIVE

Authors: OLANREWAJU Pius

Publication Type: Journal article

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Abstract

The obligation of the bank is always primarily to its customer1. This relationship between them (i.e. Bank and Customer) is broad based, being partly contractual and partly fiduciary. The contractual relationship which exists between banker and customer is a complex one founded originally upon the customs and usages of bankers. The relationship is a unique one which has been subjected to various interpretations by the law courts. Many of the customs and usages between banker and customer have been recognized by the courts, and, to the extent that they have been so recognized, they must be regarded as implied terms of the contract between banker and customer. An attempt will be made in this paper to examine from the legal perspective the banker and customer relationship. When are the banker and customer relationship deemed to start, the nature of banker and customer relationship. The corresponding duties of banker and customer will be analysed together with its legal implications on both parties (i.e. banker and customer).

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OLANREWAJU,P. . (0000). BANKER AND CUSTOMER RELATIONSHIP: A LEGAL PERSPECTIVE, 0 (), 0-0.

OLANREWAJU,P. . "BANKER AND CUSTOMER RELATIONSHIP: A LEGAL PERSPECTIVE" 0, no (), (0000): 0-0.

OLANREWAJU,P. and . (0000). BANKER AND CUSTOMER RELATIONSHIP: A LEGAL PERSPECTIVE, 0 (), pp0-0.

OLANREWAJUP, . BANKER AND CUSTOMER RELATIONSHIP: A LEGAL PERSPECTIVE. 0000, 0 ():0-0.

OLANREWAJU,Pius , . "BANKER AND CUSTOMER RELATIONSHIP: A LEGAL PERSPECTIVE", 0 . (0000) : 0-0.

O.Pius , "BANKER AND CUSTOMER RELATIONSHIP: A LEGAL PERSPECTIVE" vol.0, no., pp. 0-0, 0000.

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