Law of Bank Payments (Hardcover, 3rd Revised edition)

Law of Bank Payments provides comprehensive guidance on a subject at the heart of commercial transactions. It explains the law relating to the entire range of payment methods currently in use in banking transactions - from letters of credit and bills of exchange to the latest innovations in smart cards, e-wallets and internet payment. Driven by technological change, this subject is evolving rapidly. This new edition enables practitioners to base their advice on the most up-to-date analysis. * Covers the entire spectrum of payment methods * Deals with both underlying legal concepts and issues arising from the practicalities of payment * Advises on correct methods, how to avoid costly errors and potentially litigious situations * Alerts practitioners to the implications of new digital payment methods