International Negotiable Instruments

For centuries, bills of exchange, cheques, and promissory notes (‘negotiable instruments’) have played a vital role in the smooth operation of domestic and international commerce. The payment mechanisms have been subject to rapid technological progress and law and procedure have needed to adapt and respond to ensure that the legal framework remains relevant and effective.This book provides a comprehensive and thorough analysis of the treatment of negotiable instruments, grounded in instruments used in international trade, and the key differences across the major legal systems and sets this in the overarching framework of choice of law rules applicable to international negotiable instruments.