Multiple choice

The banker-customer relationship does not come to an end in which of the following circumstances?

  1. Death of the customer

  2. Insolvency of the customer

  3. Insanity of the customer

  4. Receipt of garnishee order which has been satisfied by payment

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The banker-customer relationship comes to an end in case of death/insolvency/migration to a foreign country and lunacy of the depositor. Thus, option 4 is the correct answer.