Ellinger's Modern Banking Law sets banking law against the background of general legal doctrines and banking regulation, discussing its operation in the context of its wider economic function. It makes use of American, Canadian, New Zealand and Australian examples and takes account of the changes promoted by the recent global financial crisis. It provides analysis of the banker and customer relationship, explaining the different types of accounts available, the duties and the liabilities of banks, and the latest processes used in the clearance of cheques, plastic money and electronic money transfers. Issues relating to overdrafts, bank loans, credit agreements, and securities for bankers' advances are covered. This is a significant book for undergraduates and postgraduates alike, as well as practitioners, providing comprehensive and up-to-date coverage. Online Resource Centre Weblinks and twice-yearly updates will be available on an Online Resource Centre accompanying the book.
PART I BANKS AND BANKING BUSINESS; 1. The structure of the British banking world; 2. The regulation of banking activities in the United Kingdom; 3. Legal definition and privileges of banks; 4. Money laundering and the financing of terrorism; 5. The bank and its customers; PART II THE BANK AS MONETARY AGENCY IN DOMESTIC TRANSACTIONS; 6. The bank's role as a depository; 7. The current account; 8. Special types of account; 9. Interest-bearing accounts; 10. The bank as paymaster: negotiable instruments (including cheques); 11. The paying bank; 12. Recovery of money paid by mistake; 13. The giro system and electronic transfer of funds; 14. Payment cards; 15. The bank's role in collecting cheques; 16. Incidental services performed by banks; PART III THE BANK AS FINANCIER AND LENDER IN DOMESTIC TRANSACTIONS; 17. Current account financing and loans; 18. Securities for bankers' advances: the general part; 19. Proprietary securities; 20. Possessory securities; 21. Choses in action as security; 22. Guarantees
