Goodge on Payment Obligations in Commercial and Financial Transactions is the essential text when looking for clear and in depth answers when dealing with issues arising from monetary obligations. Shedding light on numerous areas of payment this title offers insight into familiar problems providing you with the solutions you need. Covers all forms of payment obligations from the definition of money and payment through to international inter-bank transfers and foreign money obligations. Offers new insights into familiar problems by rigorous analysis of underlying legal principles Analyses the key concepts of money, payment, obligation to pay, the right to payment and defences/remedies regarding payment claims. Explains the stipulations regarding time and interest - express and implied terms regarding time, the impact of termination of contract and the acceleration of liability Delivers robust views on complex and important areas such as compound interest, payment to an agent, recovery of exchange rate losses and foreign illegality Considers international inter-bank transfers and foreign money obligations Provides an introduction to e-money and payment by card Provides commentary on the law in Commonwealth jurisdictions and the US, thus providing a comparative approach to problems which, in their essence, are international in character Examines the procedures which a bank must adopt to comply with anti-money laundering legislation without thereby exposing themselves to claims from customers. Written originally by the eminent Sir Roy Goode QC and now edited by one of the leading practitioners in the field, Charles Proctor of Bird and Bird