Abstract:
The structure of the British banking world -- The control of banking activities in the United Kingdom -- Legal definition and privileges of banks -- Money laundering and the financing of terrorism -- The bank and its customers -- The bank's role as a depository -- The current account -- Special types of account -- Interest-bearing accounts -- The bank as paymaster: negotiable instruments (including cheques) -- The paying bank -- Recovery of money paid by mistake -- The giro system and electronic transfer of funds -- Payment cards -- The bank's role in collecting cheques -- Incidental services performed by banks -- Current account financing and loans -- Securities for bankers' advances : the general part -- Proprietary securities -- Possessory securities -- Security interests in choses in action -- Guarantees.