Letters of Credit : The Law and Current Practice (3 Revised edition)

This work provides an authoritative, international guide to all aspects of contemporary letter of credit transactions.

It fully describes the mechanics and operation of the letter of credit from the point of view of the issuing bank, the intermediate bank, the applicant and the beneficiary, drawing on case law from around the world and material from the International Chamber of Commerce. * Fully reflects the international character of the modern letter of credit * Cases from Canada, US, UK, France and Australia * Kept fully up-to-date by annual supplements.