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Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

Art. 85

II. Al­loc­a­tion

1. Of part pay­ments

 

1 A debt­or may off­set a part pay­ment against the debt prin­cip­al only if he is not in ar­rears with in­terest pay­ments and ex­penses.

2 Where a cred­it­or has re­ceived guar­an­tees, pledges or oth­er se­cur­ity for a por­tion of his claim, the debt­or may not off­set a part pay­ment against that por­tion in pref­er­ence to less well se­cured por­tions of the claim.