Documentary Credits

Documentary credits are in wide use as a means of securing payment of international trade transactions. This practical work offers a lucid and comprehensive account of the workings of documentary credits in the context of English law and under international banking practice as applied in England. Written from the perspective of banking practices as well as the law, the text fully considers the Uniform Customs and Practice for Documentary Credits and refers to opinions of the ICC Banking Commission as well as to all relevant decisions of the courts. The new edition is due in 2007.