Relationship: Pledge

PPB Banker-Customer Relationship Free JAIIB Capsule 105 views Updated 22 Sep 2026

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PPB · Banker-Customer Relationship

In a pledge transaction where goods are kept as security, what is the relationship between the bank and the borrower?

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Bank is the Pawnee (Pledgee), Customer is the Pawner (Pledger).

A pledge involves actual or constructive delivery of goods to the bank as security for a debt.

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Relationship: Pledge — Full Text

In a pledge transaction where goods are kept as security, what is the relationship between the bank and the borrower?

Answer

Bank is the Pawnee (Pledgee), Customer is the Pawner (Pledger).

Additional notes

A pledge involves actual or constructive delivery of goods to the bank as security for a debt.

Part of Principles & Practices of Banking · Banker-Customer Relationship · Last updated 22 Sep 2026

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