A sensible banker will realise that there is the possibility of litigation in relation to international banking transactions connected with the bank, but a clever banker will know that the bank is able to reduce to a minimum such litigation by the use of clauses that the deny the creation of any duties on the part of the bank.
Describe, with reference to decided cases: (i) the various possible claims that might be brought against a bank involved in international banking transactions, and (ii) explain the ways in which that bank is able to limit such litigation.