Relation of Banker and Customer; types of account, overdraft, appropriation of payments and garnishee order; bank notes, cheques and their crossings. The paying banker and collecting banker; conversion and forgeries; securities for advances; bankers commercial credit. Regulatory Framework for Banks and other financial institutions. The role of the Central Banks and the Deposit Insurance Corporation, kinds of negotiable instruments, Promissory Notes, Bill-Negotiation endorsement and delivery; holder in due course parties liable; Presentment; Notice of dishonour and protest Law of Bankruptcy (in outline).


Level of Study: 600 Level