The Practice of Banking , Part 1

1 Banker and Customer Relationship.- Banker’s Duty of Secrecy.- The Debtor/Creditor Relationship.- 2 Bankruptcy.- Stages of Bankruptcy.- Property Divisible Amongst Creditors.- Summary of Conduct of Accounts in the Light of Section 46 Bankruptcy Act 1914.- Rights of Creditors.- Discharge in Bankruptcy.- Bankrupt firm.- Administration in Bankruptcy of the Estate of a Person Dying Insolvent.- Deeds of Arrangement.- Insolvency Law Reform: The Cork Report.- 3 Types of Accounts.- The Accounts of Private Individuals.- The Accounts of Limited Company Customers.- Partnership Accounts.- Joint Account Customers.- Accounts for Minors.- The Consumer Credit Act 1974.- 4 Types of Accounts (Cont.).- Executors and Administrators.- Trustees.- Unincorporated Bodies.- Industrial and Provident Societies.- Parochial Church Councils.- Building Societies.- Local Authorities.- Solicitors’ Accounts.- Liquidators and Receivers.- 5 Cheques and Bills of Exchange: The Paying and Collecting Banker.- The Paying Banker.- The Collecting Banker.- 6 Securities for Advances.- Types of Securities that the Banker may be Offered.- Stock Exchange Securities.- Debentures.- Assignment of Book Debts.- 7 Securities for Advances (Cont.).- Land and Buildings: Title Deeds and Land Certificates.- 8 Securities for Advances (Cont.).- Guarantees.- 9 Securities for Advances (Cont.).- Life policies.- Lending Against Produce: Merchandise Advances.- Agricultural Charges and Farming Advances.- Hire Purchase Agreements as Security.- 10 Securities for Advances (Cont.).- Method of Charging Security to Ensure that the Intended Liabilities are Effectively Secured.- Various Securities Checklists.