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
- Subject(s):
- 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.