Convention for the Settlement of Certain Conflicts of Laws in Connection with Bills of Exchange and Promissory Notes

General Detail

General Information

  1. Type: Convention
  2. Date of signature:
  3. Place of signature: Geneva, Switzerland
  4. Depositary:
  5. Date of entry into force: 01/01/1934

Category

Finance, payments and insolvency

Sub category

Bills of exchange and promissory notes

Groups

UNS

What is it about?

This Convention determines the applicable legislation in case of conflict of laws in connection with bills of exchange and promissory notes at the international level. This instrument deals with the settlement of certain conflicts of laws. Common law systems are generally incompatible with this instrument. The text compliments the Convention providing a Uniform Law for Bills of Exchange and Promissory Notes (Geneva, 7 June 1930).

Why is it relevant?

State parties offer their businesses increased stability in their international transactions by providing for predictability regarding Bills of Exchange and Promissory Notes through uniform national legislations.

Additional Information

This Convention may exist on its own; however, it is closely linked to two other Conventions signed on the same day: the Convention providing a Uniform Law for Bills of Exchange and Promissory Notes with Protocol (Geneva, 7 June 1930) and the Convention on the Stamp Laws in connection with Bills of Exchange and Promissory Notes with Protocol (Geneva, 7 June 1930). These two Conventions supplement the present Convention.

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Country ratifications
CountryRatification date
Austria31/08/1932
Belarus04/02/1998
Belgium31/08/1932
Brazil26/08/1942
Denmark27/07/1932
Finland31/08/1932
France27/04/1936
Germany03/10/1933
Greece31/08/1931
Hungary28/10/1964
Italy31/08/1932
Japan31/08/1932
Kazakhstan20/11/1995
Lithuania28/04/2000
Luxembourg05/03/1963
Monaco25/01/1934
Netherlands20/08/1932
Norway27/07/1932
Poland19/12/1936
Portugal08/06/1934
Russian Federation25/11/1936
Sweden27/07/1932
Switzerland26/08/1932
Ukraine08/10/1999
Treaties analysis
YearRatifications
19311
193211
19331
19342
19363
19421
19631
19641
19951
19981
19991
20001
Total25
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