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How can a banker terminate its relationship with a customer? By not granting a loan By giving a reasonable notice By closing the nearest ATM By reducing the interest rate

Question

How can a banker terminate its relationship with a customer? By not granting a loan By giving a reasonable notice By closing the nearest ATM By reducing the interest rate

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Solution

A banker can terminate its relationship with a customer by giving a reasonable notice. This is usually done in writing and allows the customer time to find alternative banking arrangements. The other options mentioned, such as not granting a loan, closing the nearest ATM, or reducing the interest rate, do not necessarily terminate the relationship between the banker and the customer.

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