BANK CUSTOMER

• Date: 07 September 2019

"The original view of a customer according to Paget on Banking 8th ed. Chapter 2 p. 21 et seq was that there must be some recognisable course or habit of dealing in the nature of regular banking business, that an isolated transaction of that nature or a series of transactions not commonly associated with banking was not sufficient. Mathews v. Brown & Co. (1894) 63 L.J.Q.B. 494; Lacave & Co. v. Credit Lyonnais (1897) 1 Q.B. 148, 154. Thus, a man who for some years had been in the habit of getting crossed cheques exchanged for cash at a bank where he had no account and was charged nothing for the service...