Banking Law
/ˈbæŋ.kɪŋ lɔː/
Definitions
- (n.) The body of law governing banks, banking institutions, their operations, and the regulation of financial transactions.
Banking law regulates how banks manage deposits and loans to protect consumers and maintain financial stability.
- (n.) Rules and statutes concerning the relationship between banks and their customers, including fiduciary duties and contractual obligations.
Disputes over unauthorized withdrawals often fall under banking law.
Related terms
See also
Commentary
Banking law frequently overlaps with financial regulation and commercial law; drafters should clearly specify whether transactional or regulatory aspects are addressed.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.