Consumers also have obligations towards banks, which include:

Providing Accurate Information: Consumers must provide accurate and complete information when applying for a bank account or financial product, such as their name, address, and financial information.

Complying with Terms and Conditions: Consumers must comply with the terms and conditions of their bank account or financial product, including any fees or charges associated with the account.

Reporting Suspected Fraud or Unauthorized Transactions: Consumers must report any suspected fraud or unauthorized transactions on their account to the bank as soon as possible.

Protecting Personal Information: Consumers must take reasonable steps to protect their personal and financial information from fraud and unauthorized access, such as keeping their PIN and passwords secure.

Not Engaging in Illegal Activity: Consumers must not engage in illegal activities, such as money laundering, fraud, or other financial crimes, using their bank account or financial product.

Honoring Financial Obligations: Consumers must honor their financial obligations, such as repaying loans or credit card balances on time and in full.

Overall, consumers have a responsibility to act in good faith when dealing with their bank and to comply with all applicable laws and regulations.