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


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Art. 1127

c. Bear­er’s rights in the event of re­fus­al of ac­count cred­it or set­tle­ment

 

Fur­ther, the bear­er of an ac­count-pay­ee-only cheque has a right of re­course where he can show that the drawee has re­fused to make the ac­count cred­it un­con­di­tion­ally or that the cheque has been de­clared un­fit for set­tle­ment of the bear­er’s ob­lig­a­tions by the clear­ing house of the place of pay­ment.

 
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