This book presents a systematic study of the law of bankers' commercial credits. The new edition of this reference has been revised and updatedby Richard King, Head of Chambers, UK. It brings together material relating to bankers' commercial credits which is to be found scattered throughout the various series of English law reports and provides a systematic study of the law relating to commercial credits as it is applied today. This new edition reflects the continued use of the documentary credit in the finance of foreign trade.