IBSL Diploma In Banking And Finance (DBF) Exam Practice Questions - IBSL Diploma In Banking And Finance (DBF) Exam

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Under the banker-customer relationship, what is the primary duty of a banker to its customer regarding their account information?

To disclose all account details to any interested third party. To provide account statements only upon request from regulatory bodies. To maintain secrecy and confidentiality regarding the customer's affairs. To share customer information with other banks for marketing purposes.

Correct Answer:

To maintain secrecy and confidentiality regarding the customer's affairs.

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