Ellinger’s Modern Banking Law

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.

Part I BANKS AND BANKING BUSINESS
1:The structure of the British banking world
2:The control 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:Security interests in chooses in action
22:Guarantees