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20 October, 2021

Define customer in relation to a banker

We can define customer in this manner that a person/ institution intend to open an account or having an account, and want to avail investment facility, and other services fulfilling the prescribed format of the bank.
Main features of Customer:
        The Customer  contains  all the basic  information  about  any "Customer"  which  the bank has dealings with.
         Customer ID contains all records of related customer.
         It is unique and may be use into all branch of our Bank.
        We should have open customer first then account, Deposit Ac, LC, Investment Ac, etc. To monitor the customers properly, we can divide them into three categories:
a)          Retail customer
b)          Corporate Customer c)           General Customer