1. Meaning and Concept of Garnishee Order A Garnishee Order is a legal directive issued by a court instructing a bank to attach and transfer funds from a customer’s account to a creditor to satisfy a debt. Judgment Creditor: Person entitled to receive money Judgment Debtor: Person who owes money Garnishee (Bank): Institution holding debtor’s … Continue reading Garnishee Order in Banking – Complete Detailed Guide for IIBF Bank Promotion Exams