JAIIB PPB Practice Questions - IIBF JAIIB Paper 2 Principles And Practices Of Banking (India) Exam

Under the banker-customer relationship, when a bank accepts valuables for safe custody, it typically acts as:

Agent of the customer Bailee with the customer as bailor Guarantor of the asset value Mortgagee

Correct Answer:

Bailee with the customer as bailor

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