| 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 |
As per AIBOC Circular dated 13.09.2023, the officers’ associations today, submitted a Supplementary Charter of…
Wage revision for bankers is due since November 2022, which is to be finalized through…
DA for Bankers is expected to increase for the quarter May 2023 to July 2023.…
If you're a banker, you know that staying up-to-date on industry trends and best practices…
DA for Bankers is increased for the quarter February 2023 to April 2023. CPI data…
12 Bipartite Settlement for revision of bank employees' salary and service conditions is due from…