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Rights and Duties of Bank Customer

    IndianMoney.com Research Team | Saturday, February 21,2009, 07:34 PM
 

Rights

  • Right to draw cheques
  • Right to receive statement of account
  • Right of observance of Secrecy of account by his banker

Duties

  • Duty to present cheques within banking/business hours
  • Duty to present the Cheque within reasonable time of issue
  • Reasonable care should be taken in writing cheques

IndianMoney.com Research Team

The research team at IndianMoney.com comprises of certified and experienced professionals who share the company's vision to make every Indian financially literate by equipping every Indian with right and unbiased advice. IndianMoney.com research team provides newsletters, articles, videos and FAQs on various financial products and concepts only to help you make wise financial decisions.

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