Letters of Credit: The Law and Current Practice, 3rd Edition (Print & ProView)

What’s inside

Details and specs

Letters of Credit: The Law and Current Practice is the authoritative guide to contemporary letter of credit transactions. It 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. It illustrates the international character of the modern letter of credit as it is used in business today with cases from Canada, the U.S., the U.K., France, and Australia.

Volume I of this edition includes

  • Coverage of important new cases
  • Material on the International Chamber of Commerce's Uniform Customs and Practice for Documentary Credits
  • Interpretation of the Bills of Exchange Act
  • Different types of transactions governed by the Uniform Commercial Code (UCC)
  • Conflict of laws Domestic, inland, and foreign Bills, and the United Nations Convention on International Bills of Exchange and International Promissory Notes

Volume II with appendices contains

  • The convention for the settlement of certain conflicts of laws in correction with Bills of Exchange and Promissory Notes
  • Cheques Act, 1957 and Cheques Act, 1992
  • By-laws of the Canadian Payments Association
  • Article 3 of UCC governing negotiable instruments
  • Currency Act R.S.C., 1985
  • International Electronic Communications Convention Act, 2017 (Ontario)

Supplements invoiced separately.

About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. You can download the ProView app at no cost for your tablet or computer, or sign in to the cloud-based version. Synced to the cloud, ProView lets you switch devices while keeping place in your research. You can also access your downloaded eBooks offline, and any notes you take will be saved and synced the next time you connect.


Practice Area:
Finance & banking


Publication Date:

Hardcover Specifications

Service #:

Sub #:


Shelf Space:


Anticip Unkeep Cost:

eBook Specifications