The book "First Demand Bank Guarantees" by Inga Svarca provides a comprehensive analysis of the practice and legal framework of bank guarantees on first demand. It highlights the evolution from dependent guarantees to independent guarantees and examines the various international regulations that exist in this area. The author addresses the challenges arising from the independence of guarantees in relation to the underlying transactions. Additionally, the relevance of the UN Convention on Independent Guarantees and Stand-by Letters of Credit is critically questioned, particularly regarding the low number of ratifying states. The book offers valuable insights into the balance between the principle of independence and the issue of fraud, as well as the question of set-off.