The bill of exchange is extinguished normally by paying it at the maturity day, mainly by the main debtor – the accepter of the bill of exchange or the issuer of the payment order. If the bill of exchange is not honoured ...

The regulation of this domain by the communitarian institutions through Directives shows the freedom of the member states to transpose the rules. In the same time, the Directives can be invoked by the particulars (companies ...