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Part D The Bank as Service Provider, 24 Bank Guarantees, Performance Bonds, and Documentary Credits

From: The Law and Practice of International Banking (2nd Edition)

Charles Proctor

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 30 January 2023

Regulation of banks — Credit risk — Default and credit — Lending and credit

This chapter discusses the following: bank guarantees, performance bonds, documentary credits, security under a commercial credit, standby credits, the fraud exception; and certain private international law issues.

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