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Relationship Between Banker and Customer – Important Case Laws in Detail (Easy Language) Below are the most important case laws explaining the relationship between banker and customer. These cases are very useful for LLB and Judiciary exams . 1. Debtor–Creditor Relationship 1. Facts: Customer deposited money in the bank. Question arose whether bank was a trustee or debtor. Issue: Is the bank a trustee of deposited money? Judgment: House of Lords held: Bank is debtor Customer is creditor Money becomes property of bank Bank can use money for business Principle: The main relationship between banker and customer is debtor and creditor . This is the foundation case. 2. Facts: Customer demanded money from bank. Issue: When does limitation period start? Judgment: Court held: Debt is payable only on demand. Demand must be made at branch during banking hours. Limitation starts from date of demand. Principle: Bank must repay only when customer makes proper dema...