| 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 |
Finance minister has approved revision in CGM level post in public sector banks. Earlier, the…
Working Capital is a financial indicator of operational liquidity of a business organization. Working Capital…
Meaning of pari passu charge - Pari-passu is a Latin phrase, which means "equal footing". …
The Simplified Turnover Method is normally used by banks in order to assess the working…
Letter of Credit (LC) and the ‘Standby Letter of Credit' (SBLC) are used by Importers…
Punjab National Bank (PNB) has announced a Diwali surprise event for its employees. To express…