1. What law (and how) governs customer bank relationship in your country and how does it regulate bank accounts?
2. Name all laws/regulations that govern the use of these four types of payment devices in your country:

• Negotiable instruments
• Checks
• Wire transfer
• Letters of credit

3. Check the website of the central bank of your country and answer the following questions:

• How many transactions do they process daily?
• What is the volume of funds transferred amongst its participants daily?

4. Identify the parties in Delbrueck's case and give them labels (e.g. originator, originator's bank, beneficiary, beneficiary's bank).