What is the relationship between a banker and a customer?

What is the relationship between a banker and a customer?

A banker acts as an agent of his customer and performs a number of agency functions for the convenience of his customer. For example, he buys or sells securities on behalf of his customer, collects checks/cheques on his behalf, and pays various customer dues.

Which are the secondary relationship between banker and customer?

A banker provides a number of services to the customer and also acts as a trustee to his customer if the customer hands over the banker with trust work. So, in such a scenario, the banker acts as a debtor and trustee at the same time but in relation to the particular business.

Who are the special types of customers?

Special Type of Customers

  • Lunatics.
  • Illiterate persons.
  • Married women.
  • Executors and administrators:
  • Trustees.
  • Joint accounts.
  • Partnership firm.
  • Joint stock companies.

Who is the special type of customer of bank?

Those who are distinguished from other types of ordinary customers by some special features. Hence, they are called as special types of customers. They are to be dealt with carefully while operating and opening the accounts. 4.

What are the 5 types of customers?

Following are the most common five types of consumers in marketing.

  • Loyal Customers. Loyal customers make up the bedrock of any business.
  • Impulse Shoppers. Impulse shoppers are those simply browsing products and services with no specific purchasing goal in place.
  • Bargain Hunters.
  • Wandering Consumers.
  • Need-Based Customers.

What is a special customer?

The banker is entitled to reject such an application for opening an account if such person is an undesirable person. • Those who are distinguished from other types of ordinary customers by some special features. Hence, they are called as special types of customers.

What are the two types of customer?

What are the Different Types of Customers?

  • Loyal customers: Customers that make up a minority of the customer base but generate a large portion of sales.
  • Impulse customers: Customers that do not have a specific product in mind and purchase goods when it seems good at the time.

Which is best type of customer?

Loyal Customers Loyal customers are the best kind of customers to have for your business.

Which post is good in bank?

Banking service exams, posts, salary

Entry-level Posts in Banking sectors Basic Salary Entrance exam
IBPS SO Post Rs.23,000-Rs. 42,000 IBPS SO Exam
SBI SO Post Rs.23,700 Basic Pay SBI SO Exam
SBI Clerk Post Rs.11,765 Basic Pay SBI Clerk Exam
IBPS Clerk Post Rs.11,765 Basic Pay IBPS Clerk Exam