Draft Common Frame of Reference:III. — 2:109 Currency of payment

Draft Common Frame of Reference

III. — 2:109 Currency of payment

Geldend

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

(1)

The debtor and the creditor may agree that payment is to be made only in a specified currency.

(2)

In the absence of such agreement, a sum of money expressed in a currency other than that of the place where payment is due may be paid in the currency of that place according to the rate of exchange prevailing there at the time when payment is due.

(3)

If, in a case falling within the preceding paragraph, the debtor has not paid at the time when payment is due, the creditor may require payment in the currency of the place where payment is due according to the rate of exchange prevailing there either at the time when payment is due or at the time of actual payment.

(4)

Where a monetary obligation is not expressed in a particular currency, payment must be made in the currency of the place where payment is to be made.

Deze functie is alleen te gebruiken als je bent ingelogd.