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The Law and Practice of International Banking, 2nd Edition by Proctor, Charles (1st March 2015)

Part C The Banker–Customer Relationship, 19 Electronic Funds Transfers

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, 2015. All Rights Reserved.date: 15 June 2019

Subject(s):
Regulation of banks — Electronic money

There are various means of effecting a payment between a debtor and a creditor. This chapter focuses on payment by means of a transfer from the payee's account to an account of the creditor. It discusses electronic funds transfers systems; the legal nature of electronic funds transfers; the legal consequences of a payment by means of an electronic transfer; and liabilities to third parties.

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