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21 October, 2021

Disclose of Customers Account information

 

(A) Under compulsion of law (say, the banker responds to the courts order for presenting

statement of accounts for legal purpose).

(B) In the public interest (say, disclosing enemy accounts during war period) (C) In the interest of the bank (say bank has to file a suit to recover dues)

(D) Under express or implied consent of the customer (implied in case of supplying credit information in general terms).

In addition to above, there are some authorities who can call for the returns and information specially or generally. These authorities are :

a)  Income Tax Authority

b)  Registrar of Joint Stock Companies c)  Bangladesh Bank