giving a cause of death or

a gift in anticipation of death

(Latin – English translation)
contemplation of death = belief of the
giver that he/she is about to die
PASSBOOK : a book issued by a bank
to an account holder, recording sums
deposited and withdrawn.
1.Teller printer
2.Self service passbook printer
Banker-Customer Relationship:
Banking is a trust-based relationship. The relationship
between a banker and a customer depends on the type
of transaction. It can be broadly categorized in to
General Relationship and Special Relationship.

SPECIAL
GENERAL RELATIONSHIP
RELATIONSHIP

1.as Debtor – Creditor and as 1. as Agent - Principal

Creditor – Debtor
BCR 2.
3.
4.
as Bailee – Bailor
As trustee – and beneficiary
As Mortgagee – Mortgagor
5. As lessor - lesse
Types of banker-
customer relationship
1.as Debtor – Creditor and as Creditor – Debtor
2.as Agent - Principal
3.as Bailee – Bailor
4.As trustee – and beneficiary
5.As lessor - lesse
 1.DEBTOR – CREDITOR RELATIONSHIP
When customer deposits money in his account the bank
becomes a debtor of the customer and customer a creditor.
The money so deposited by customer becomes bank’s
property and bank has a right to use the money as it likes.

DEBTOR CREDITOR
 1.CREDITOR – DEBTORTOR RELATIONSHIP
When Customer borrows money from bank, then banker is
the creditor and the customer is the debtor.

CREDITOR DEBTOR
 2.AGENT - PRINCIPAL RELATIONSHIP
when a bank is performing agency services for his customers
he is acting as their agents. When a customer deposits draft,
cheques, dividends, certificates etc., for collection, he
becomes the principal and bank acts as his agent.

AGENT PRINCIPAL
 3.BAILEE – BAILOR RELATIONSHIP
Banks secure their advances by obtaining tangible securities.
In some cases physical possession of securities, goods
(Pledge), valuables, bonds etc., are taken. While taking
physical possession of securities the bank becomes bailee and
the customer bailor.

BAILEE BAILOR
 4.TRUSTEE – BENEFICIARY RELATIONSHIP
Customers keep certain valuables or securities with the bank
for safekeeping or deposits certain money for a specific
purpose (Escrow accounts) the banker in such cases acts as a
trustee. Banks charge fee for safekeeping valuables

TRUSTEE BENEFICIARY
 5.LESSOR - LESSE RELATIONSHIP
Banks lease (hire lockers to their customers) their immovable
property to the customer and give them the right to enjoy
such property during the specified period i.e. during the
office/ banking hours and charge rentals.

LESSOR LESSE