| Summary: | When a person opens an account with a hank, seldom it is realised that a contract has been entered into between him and the bank. The normal steps to be taken to open an account are simple and short. In fact all that is required to be done by the prospective customer, at least in the case of a deposit account, is just to put his signature or thumb-print on the specimen signature card. The rest of the work will be done by the bank. However, out of this apparently simple act will come into existence a debtor-creditor contractual relationship which, in its turn, establishes the duties of both parties (i.e the bank and the customer). This paper attemts to discuss the duties which a banker owes to his customer. However, the duties discussed in this paper are by no mean exhaustive. They are duties which can be said to be the more important ones which have often become the subjects of litigation in the courts.
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