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Your Legal Rights And Duties As A Bank Customer. - Education - Nairaland

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Your Legal Rights And Duties As A Bank Customer. by emtar(m): 11:21pm On Nov 15, 2012
BUT MOST BANKS IN NIGERIA STILL FAIL THEIR DUTY OF GIVING THEIR CURRENT/DEMAND DEPOSIT ACCOUNT HOLDERS THE STATEMENT OF ACCOUNT FREE OF CHARGE WHICH CAN BE FOUND UNDER BOFIA 24 and 25 of 1991 for best knowledge. AND BANK OFFICIAL HAS NO RIGHT TO ABUSE IT CUSTOMERS WHILE TRYING TO ASK QUESTION RELATING TO HIS ACCOUNT INFORMATION. ALSO BANK OFFICIAL SHOULD NOT GIVE BALANCE ON OTHER PERSON'S ACCOUNT TO ANOTHER PERSON OR REVEALED THE BALANCE ON THE ACCOUNT TO THIRD PARTY ( case: Tournier vs national provincial bank and union bank of England 1924)=DUTY OF SECRECY/CONFIDENTIALITY. Now adays most of the bank officials act like this and since most customers does not know their Right that they can sue the bank for damages/e.t.c. So download bofia and start reading and know your right.
Re: Your Legal Rights And Duties As A Bank Customer. by Dandy391: 9:15am On Aug 30, 2014
On what ground can a bank freeze a customers account?
cos I ave a case of bank freezing a customers account on request from another customer claiming the owner of the account defrauded her. the bank did not contact the owner of the account but decided to freeze the account on request.

Thanks.

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