Define the term ‘Banker’. What is the relationship between a banker and his customer?

A banker is an individual, institution, or organization that is licensed and authorized to provide financial services to the public. These services typically include accepting deposits, providing loans, managing investments, facilitating transactions, and offering various financial products and services.

The relationship between a banker and their customer is primarily a business relationship built on trust, mutual benefit, and contractual agreements. Here are key aspects of this relationship:

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