Publisher's Synopsis
The law relating to methods of payment is a complex area. Taking a highly practical approach, the book explains both existing and newer forms of payment, including debit cards, automatic cash dispensers, and inter- and intra-banking transfers. It provides illustrations of the applicable legal principles for each type of transaction, as well as advice on the resolution of disputes arising from them. All the key legislation is considered, including applicable EC Directives, and standard terms in key banking documents are fully explained.