ContractFebruary 24th, 2010
FiledFebruary 24th, 2010The banking account agreement was created in the end of the XIX century as a type of banking deposit. In legal science, there are two components of legal nature of the banking account agreement: contractual character of banking account relationship or not and pro- prietary or liability character of such relationship. The analysis made enables to draw the conclusion that banking account relationship is of liability character, because the bank has both an ownership of the customer funds, and an obligation to return or transfer the funds declared by customer in favor of a counterpart.