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Documentary Credits

A Theoretical and Practical Approach

Gebonden Engels 2023 9781843114284
Nog niet verschenen, verwacht op 31‑12‑2023


Documentary Credits are the most common means by which international sale of goods contracts are financed, and are also one of the most commonly litigated aspects of international contracts.

This book provides a thorough and critical analysis of the law relating to documentary credits, and in particular, of the operation of the UCP 500, as well as the law relating to those documentary credits that fall outside the scope of these rules. This book offers a comparative analysis based on key decisions that have been made outside UK jurisdiction.

This book is ideal for legal practitioners working within the banking and commercial sectors, as well as academics and those working within the banking sector.


Aantal pagina's:400


Chapter 1. Introduction to Documentary Credits
Chapter 2. The Uniform Customs and Practices for Documentary Credits
Chapter 3. Classification of Letters of Credit
Chapter 4. Relationship between Applicant and Beneficiary
Chapter 5. Relationship Between Applicant and Issuing Bank
Chapter 6. Relationship between the Issuing Bank and Beneficiary
Chapter 7. The Correspondent Bank
Chapter 8. The Collecting Bank and the Negotiating Bank
Chapter 9. The Tender and Examination of Documents under Credit
Chapter 10. The Principles of Autonomy and its Limits
Chapter 11. Transfer of Credits and Assignment on Proceed
Chapter 12. The Bank’s Security
Chapter 13. Default Undertakings: Standby Letters of Credit, Performance Bonds and First Demand Guarantees
Chapter 14. The Conflict of Laws in Documentary Credit Transactions

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