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Rights and duties of a bank?

Updated: 9/14/2023
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15y ago

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Duties to accept the deposit of money in an ordinary course of business during the working hours to maintain the secrecy of account to pay the cheque issued by the customer if in order to give reasonable time notice if bank it self wants to close an account Rights

To put lien on customer To set off an account To recover the service charges from customer as per prevalent country laws

right of protection against the fraud due to negligence of customer

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