The written instructions given by the customers to banker to perform the services like collection and payment of money is noted down in

Related MCQs

• The written instructions given by the customers to banker to perform the services like collection and payment of money is noted down in
• The services rendered by a banker as an agent of his customers are called
• Services rendered by a banker not only to his customers, but also to the general public are called as
• 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.
• When banker received deposits from the customer, then the banker becomes -------------- of the customer.
• In case of collection of cheques and bills, the relationship of the banker with the customer is that of
• The collecting banker is bound to show due care and carefulness in the collection of cheques presented to him.
• In case collection of a bank draft the collecting banker is protected against conversion under _____ section of Negotiable Instruments Act 1881.
• Section 45 of the Negotiable instruments Act, has imposed upon the banker the obligation to honour customers cheques.