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Bussiness
MT KENYA UNIVERSITY DEPARTMENT OF FINANCE & ACCOUNTING
P.O. Box 342 THIKA, KENYA Email: info@mku.ac.ke Web: www.mku.ac.ke

Course code: DBF 121 Course Title: Banking Laws and Practice
Instructional materials for distance learning students

CONTENTS CONTENTS ........................................................................................................................ ii COURSE OUTLINE ......................................................................................................... iv LESSON ONE: BANKER AND CUSTOMER RELATIONSHIP ................................... 1 1.1 The Meaning of a Bank........................................................................................... 1 1.2 The Meaning of Banking Laws............................................................................... 2 1.3 Modern Definitions ................................................................................................ 2 1.4 The Regulatory Framework .................................................................................... 3 1.5 The Meaning of a Bank Customer .......................................................................... 4 1.6 The Banker-Customer Relationship ........................................................................ 4 1.7 The Rights and Duties of a Banker ......................................................................... 6 1.8 Rights and Duties of a Customer ............................................................................ 7 1.9 Breach of Confidentiality ........................................................................................ 9 1.10 Summary ............................................................................................................... 11 1.11 Review Questions ................................................................................................. 12 1.12 References
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