Bank and Customer Relationship
Bank and Customer Relationship
| Sl No | Type of Transaction | Bank | Customer |
| 1 | Deposit a/c and Credit balance in CC/OD | Debtor | Creditor |
| 2 | Loan a/c and Debit balance in CC/OD | Creditor | Debtor |
| 3 | Collection of cheques, TT, MT, Standing Instructions, sale/ purchase of securities, Maintenance of currency chest | Agent | Principal |
| 4 | Safe custody articles | Bailee | Bailor |
| 5 | Leasing of Lockers | Lessor, Licensor Landlord, | Lessee, Licensee Tenant, |
| 6 | Mortgage of immovable property | Mortgagee | Mortgagor |
| 7 | Pledge of securities/ Shares | Pledge | Pledgor |
| 8 | Pledge | Pawnee | Pawnor |
| 9 | Hypothecation of articles | Hypothicatee | Hypothecator |
| 10 | Issue of Duplicate Draft | Indemnified | Indemnifier |
| 11 | Payment of Draft | Trustee | Beneficiary |
