As far as I understand, present perfect tense should not be used with an event that has a definite time. Is the following sentence grammatically correct?
The banking relationship has been established since 1 Jan 2022.
Present perfect tense with definite date
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Re: Present perfect tense with definite date
The banking relationship has been established since 1 Jan 2022.
Your sentence is possible (correct) though it might be easier to say:
The banking relationship has existed since 1 Jan 2022.
The banking relationship was established on 1 Jan 2022.
Present Perfect with...
for a period of time
since a point in past time
Look at these example sentences using for and since with the Present Perfect tense:
I have been here for twenty minutes.
I have been here since 9 o'clock.
John hasn't called for six months.
John hasn't called since February.
He has worked in New York for a long time.
He has worked in New York since he left school.
https://www.englishclub.com/grammar/ver ... erfect.htm

Your sentence is possible (correct) though it might be easier to say:
The banking relationship has existed since 1 Jan 2022.
The banking relationship was established on 1 Jan 2022.
Present Perfect with...
for a period of time
since a point in past time
Look at these example sentences using for and since with the Present Perfect tense:
I have been here for twenty minutes.
I have been here since 9 o'clock.
John hasn't called for six months.
John hasn't called since February.
He has worked in New York for a long time.
He has worked in New York since he left school.
https://www.englishclub.com/grammar/ver ... erfect.htm
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