The services rendered by a banker as an agent of his customers are called

Related MCQs

• Services rendered by a banker not only to his customers, but also to the general public are called as
• The written instructions given by the customers to banker to perform the services like collection and payment of money is noted down in
• The written instructions given by the customers to banker to perform the services like collection and payment of money is noted down in
• When banker received deposits from the customer, then the banker becomes -------------- of the customer.
• The endorsement on the cheque is fictitious and the collecting banker failed to check it the cheque is paid by the paying banker
• When banker received deposits from the customer, then the banker becomes -------------- of the customer.
• Section 45 of the Negotiable instruments Act, has imposed upon the banker the obligation to honour customers cheques.
• When the cheque is dishonored, the collecting banker is not bound to give notice of the same to his customer within a reasonable time.
• In case a collecting banker has realized the cheque, he should pay the interest to the customer as per his (customer’s) direction.
• Special damages refers to damages payable by a banker to his customer for the actual ------------- loss suffered by customer.