Publisher's Synopsis
Now fully revised and updated, Law of Bank Payments is the only book to bring together and study the manifold varieties of payments involving banks - and their respective legal advantages and disadvantages - in one comprehensive volume. This edition has been expanded to incorporate newer methods of payment such as the Euro and the new EEC regulations, internet payments, electronic banking, digital cash, payment agencies and electronic wallets. The treatment of various other methods of payment, such as funds transfers, plastic money, cheques including truncation, letters of credit and bills of exchange has also been substantially updated. * Gives you a thorough understanding of the entire spectrum of payment methods * Helps you decide which is the best method to use in a given situation * Enables you to follow the correct method and avoid costly errors and potentially litigious situation) * Keeps you updated on the latest developments, such as internet payments