Of all contractual obligations, the duty to pay money is the most important. Conceptually it is also the most complex. Consequently the law surrounding the obligation to pay is fundamental in many fields of commercial, financial and banking law.Goode on Payment Obligations in Commercial and Financial Transactions presents a lucid and penetrating analysis of this important area. It analyses the concepts of money, payment and payment obligations, presenting a clear and concise understanding of these complex issues.It covers all forms of monetary obligations in a variety of banking, financial and commercial contexts, from the definition of money, through to international inter-bank transfers and foreign money obligations. This new edition incorporates materials from Commonwealth jurisdictions and the US to provide a more international perspective, enabling you to approach issues which are cross-border in character. It also discusses all the recent legislative developments and key case law.With a practical approach to all the common problems and topical issues, this book is the answer to your questions on money and monetary obligations.

Professor Sir Roy Goode is Emeritus Professor of Law at Oxford University, Emeritus Fellow of St John’s College, Oxford, and the founder and first Honorary Director of the Oxford University Law Foundation. He is the author of a number of successful titles, including Commercial Law, Principles of Corporate Insolvency Law, and Consumer Credit Law and Practice and has lectured extensively around the world.

Charles Proctor is a partner at the London office of Bird & Bird. He specialises in the fields of banking and financial services, with particular experience in transactions involving a cross-border element and/or complex security arrangements. He holds the degree of Doctor of Laws in recognition of his published work in the banking and financial fields and is an Honorary Professor of Law at the University of Birmingham.