Banker Customer Relationship

Banker and Customer

 Relationship as debtor and creditor
 As creditor and debtor
 Banker as trustee
 As pledgee and pledgor
 As lessor and lessee
 As agent and principal
 Banker and Customer
 As per KYC norms, a Customer is
 A person or entity that maintains an account or
has a business relationship with the bank.
 Or on whose behalf the account is maintained.
 Beneficiaries of transactions conducted by
professional intermediaries eg, stock brokers, CAs
etc.
 Any person or entity connected with a financial
transaction which can pose significant reputational
or other risks to the bank.