This book provides an overview of the key concepts of banking and lending practice for those who are new to the law of banking or want to update their knowledge. It covers the basics of banking law, including relevant regulation, the banker-customer relationship, and the duty of confidentiality. It also covers banking practice, including common types of accounts, consumer banking, electronic banking and corporate banking. It explains some of the matters that bankers deal with every day such as lending principles, taking security and dealing with negotiable instruments.

Much has changed since the 4th edition, including the fine-tuning of some of the Wallis Committee recommendations, the introduction of Australian Financial Services licences and Australian Credit licences, new versions of the Code of Banking Practice and the ePayments Code, as well as major changes to the regulation of consumer credit and privacy.

The 5th edition of Banking and Lending Practice aims to provide readers with a working knowledge of the principles of banking and an understanding of current issues. It is ideal for law students undertaking legal and financial subjects; practitioners seeking an introductory text to banking law and its application to common financial products and services; bankers undertaking internal or external legal training courses; financial institution customers seeking an introductory text on banking and lending products and services; and regulators and dispute resolution bodies running training courses on banking and lending services.