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


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Art. 1105

6. Des­ig­na­tion of pay­ee

 

1 The cheque may be made pay­able to:

a spe­cif­ic per­son, with or without the ex­pli­cit com­ment “to or­der”;

a spe­cif­ic per­son, with the com­ment “not to or­der” or a com­ment to that ef­fect;

the bear­er.

2 Where the cheque des­ig­nates a spe­cif­ic per­son as pay­ee with the ad­ded com­ment “or presenter” or a com­ment to that ef­fect, the cheque is deemed made out to the bear­er.

3 A cheque with no pay­ee in­dic­ated is deemed pay­able to the bear­er.

 
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