When customer's account overdrawn or when customer has taken loan from banker, then the customer.

Related MCQs

• 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 a collecting banker has realized the cheque, he should pay the interest to the customer as per his (customer’s) direction.
• It is a ----------------- obligation of a banker to honour the cheques of the customer drawn against current account.
• Special damages refers to damages payable by a banker to his customer for the actual ------------- loss suffered by customer.
• The endorsement on the cheque is fictitious and the collecting banker failed to check it the cheque is paid by the paying banker
• Section 45 of the Negotiable instruments Act, has imposed upon the banker the obligation to honour customers cheques.
• The rate of interest charged for the loan by the banker compared to overdraft and cash credit is generally.
• 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