Custodian is an Organizational Entity
that is holds and is responsible
for an asset
for a Trustee
Custodian secures the Resource, but may not be granted Authorization to manage the Resource.
A custodian is Accountable to protect the resource from theft, but the Custodian does not have Fiduciary Responsibility to the Beneficiary.
This implies that a custodian MUST conduct a financial transaction for the trustee even if the custodian believes it is a bad decision.
In a Financial transaction
you, which are considered the Trustor
, may delegate
a Bank Teller, considered your Trustee
to direct your bank
, which is the Custodian of your money
, to process the a specific Payment Transaction
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