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Payment --- Transfer payments --- Negotiable instruments --- Banks and banking --- History --- Law and legislation --- Geschichte Anfèange-1500. --- Recht. --- èUberweisung. --- History. --- History of the law --- Financial law --- AA / International- internationaal --- 331.160 --- 331.151 --- 331.152 --- 347.730 --- Financiële geschiedenis: algemeenheden. --- Geldwezen in de oudheid. --- Geldwezen in de middeleeuwen. --- Financiële instellingen: algemeen. --- Government transfer payments --- Payments, Transfer --- Expenditures, Public --- Income distribution --- National income --- Commercial law --- Extinguishment of debts --- Performance (Law) --- Balance of trade --- Debtor and creditor --- Bills and notes --- Bills of credit --- Commercial paper --- Credit, Bills of --- Credit, Titles of --- Instruments, Negotiable --- Negotiable notes --- Negotiable paper --- Titles of credit --- Choses in action --- Commercial documents --- Legal instruments --- Drafts --- Financial instruments --- Law and legislation&delete& --- Geldwezen in de oudheid --- Geldwezen in de middeleeuwen --- Financiële geschiedenis: algemeenheden --- Financiële instellingen: algemeen --- Accounting --- Payment - History --- Transfer payments - Law and legislation - History --- Negotiable instruments - History --- Banks and banking - History

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Examining the legal history of the order to pay money initiating a funds transfer, the author tracks basic principles of modern law to those that governed the payment order of Antiquity and the Middle Ages. Exploring the legal nature of the payment order and its underpinning in light of contemporary institutions and payment mechanisms, the book traces the evolution of money, payment mechanisms and the law that governs them, from developments in Ancient Mesopotamia, Ancient Greece, Rome, and Greco-Roman Egypt, through medieval Europe and post-medieval England. Doctrine is examined in Jewish, Islamic, Roman, common and civil laws. Investigating such diverse legal systems and doctrines at the intersection of laws governing bank deposits, obligations, the assignment of debts, and negotiable instruments, the author identifies the common denominator for the evolving legal principles and speculates on possible reciprocity. At the same time he challenges the idea of 'law merchant' as a mercantile creation. The book provides an account of the evolution of payment law as a distinct cohesive body of legal doctrine applicable to funds transfers. It shows how principles of law developed in tandem with the evolution of banking and in response to changing circumstances and proposes a redefinition of 'law merchant'. The author points to deposit banking and emerging technologies as embodying a great potential for future non-cash payment system growth. However, he recommends caution in predicting both the future of deposit banking and the overall impact of technology. At the same time he expresses confidence in the durability of legal doctrine to continue to evolve and accommodate future payment system developments

Payment --- Commercial law --- Extinguishment of debts --- Performance (Law) --- Balance of trade --- Debtor and creditor --- History. --- Law and legislation --- Transfer payments --- Negotiable instruments --- Banks and banking --- Government transfer payments --- Payments, Transfer --- Expenditures, Public --- Income distribution --- National income --- Bills and notes --- Bills of credit --- Commercial paper --- Credit, Bills of --- Credit, Titles of --- Instruments, Negotiable --- Negotiable notes --- Negotiable paper --- Titles of credit --- Choses in action --- Commercial documents --- Legal instruments --- Drafts --- Financial instruments --- History --- Law and legislation&delete& --- Accounting --- E-books

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This volume provides a comprehensive and thorough analysis of the legal framework for the treatment of international negotiable instruments. It considers the approach within and across major legal systems and pinpoints the key distinctions for the application of choice of law rules.

Negotiable instruments. --- Conflict of laws.