bank-depositor relation (Meaning)
Wordnet
bank-depositor relation (n)
the responsibility of a bank to act in the best interests of the depositors
Synonyms & Antonyms of bank-depositor relation
No Synonyms and anytonyms found
bank-depositor relation Sentence Examples
- The bank-depositor relationship is based on trust and security.
- Depositors place funds in a bank, establishing a legal contract with the bank.
- Banks are obligated to protect depositors' funds and provide reasonable returns on deposits.
- Depositors have the right to withdraw funds from their accounts on demand, within certain limits.
- The bank-depositor relationship is vital to the smooth functioning of the financial system.
- Violations of the bank-depositor relationship can result in legal consequences.
- Banks must maintain adequate capital and liquidity to meet depositors' withdrawal requests.
- Depositors should carefully consider the terms and conditions of their bank accounts before making deposits.
- The bank-depositor relationship is a key factor in financial stability and economic growth.
- Depositors should regularly monitor their bank statements and report any unauthorized transactions immediately.
FAQs About the word bank-depositor relation
the responsibility of a bank to act in the best interests of the depositors
No synonyms found.
No antonyms found.
The bank-depositor relationship is based on trust and security.
Depositors place funds in a bank, establishing a legal contract with the bank.
Banks are obligated to protect depositors' funds and provide reasonable returns on deposits.
Depositors have the right to withdraw funds from their accounts on demand, within certain limits.
