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Art. 1118 – Delivery to clearing house

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Art. 1118

Delivery of the cheque to a clearing house recognised by the Swiss National Bank is equivalent to presentation for payment.856

  1. 856 Amended by Annex No II 2 of the National Bank Act of 3 Oct. 2003, in force since 1 May 2004 (AS 2004 1985; BBl 2002 6097).
Legal act context
SR 220 · CO · Federal act · Federal Act of 30 March 1911 on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations)
Structure path
Division Five: Negotiable Securities Title Thirty-Three: Registered Securities, Bearer Securities and Instruments to Order Section Five: The Cheque IV. Presentation and Payment 4. Delivery to clearing house
Language
English (en)
Data status
2026-01-01

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