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


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Art. 1108

II. Trans­fer

1. Trans­fer­ab­il­ity

 

1 A cheque made pay­able to a spe­cif­ic per­son with or without the ex­pli­cit com­ment “to or­der” may be trans­ferred by en­dorse­ment.

2 A cheque made pay­able to a spe­cif­ic per­son with or without the ex­pli­cit com­ment “not to or­der” or with a com­ment to that ef­fect may be trans­ferred only sub­ject to the form­al re­quire­ments and with the ef­fects of a nor­mal as­sign­ment.

3 The en­dorse­ment may also be made out to the draw­er or to any oth­er party li­able for it. Such per­sons may en­dorse the cheque fur­ther.

 

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