Research on Legal Issues of Bank Guarantees in International Trade

Author: Da Kai
Publisher:
Publish Date: 2000-05-01
Features: In international economic transactions, to effectively control transaction risks, a new type of bank guarantee independent of the underlying transaction has emerged. This book employs a comparative analysis approach, focusing on the legal practices of various countries and combining relevant statutory legislation, to comprehensively and deeply study the various legal issues of bank guarantees in international trade. The book consists of seven chapters. Chapter 1 introduces various types of guarantees and their categories in international trade. Chapter 2 specifically explores the various concepts related to bank guarantees. Chapter 3 focuses on the main issues of bank guarantees. Chapter 4, through comparative analysis of fraud-related legislation and practices in various countries, summarizes the possible scenarios of fraud in bank guarantees and their remedies. Chapter 5 conducts a detailed study of jurisdiction and legal application issues in bank guarantees. Chapter 6 introduces and studies the international customs and conventions related to bank guarantees and standby letters of credit. Chapter 7 summarizes and analyzes the existing legislation and practices of bank guarantees in China, and proposes preliminary suggestions for improving China's relevant legislation and practices. [Editor's Recommendation] The purpose of the China Civil and Commercial Law Special Topic Research Series is to proceed from the practical realities of China's reform and opening-up and the development of a socialist market economy, extensively reference the successful experiences of civil and commercial legislation in developed regions and countries, as well as the latest case law and doctrines, to conduct in-depth research on the fundamental theories and major legal issues in civil and commercial law. It aims to provide a scientific legal foundation for the modernization of China's civil and commercial legislation and the scientific advancement of civil and commercial judicial practice, enhance the theoretical level of civil and commercial law, promote research talent in civil and commercial law, and enable China's civil and commercial law research to quickly catch up with that of developed regions and countries.