The recent judgment of Bates v Post Office  EWHC 606 (QB) from point 1113 onwards refers to “relational contracts”. We have asked Professor Nigel Harper to comment on the relevance of “relational contracts” to Banking Law and practice.
“What is a Contract without intent of a relationship? With that relationship, it is implied that both parties will act honestly, with integrity, morality, transparency, openness, loyalty, trust and truth. Banking is NO different. As a Privileged Profession, anything less is unacceptable and facilitates Criminal behaviours.”
Prof Nigel Harper