This unit examines the legal duties and liabilities of banks to their customers and third parties in relation to the receipt and payment of money. It focuses on both paper-based and electronic banking transactions. A range of electronic funds transfer systems are examined ranging from customer banking transaction systems (such as ATMs, EFTPOS, home banking) to interbank high-value transfer systems (such as CHIPs, CHAPs and SWIFT). The main focus is Australian law but because some of the legal problems have an international dimension, reference is made to the legal positions in other jurisdictions.<br/><br/>The three main areas of study covered are (1) incidents of banker–customer... -- Course Website
