Currency of the promissory note

Determination of currency in the blank promissory note outside the essence of the document does not make document invalid.
That was stated by Supreme Court in the resolution III CZP 11/15 of 17 April 2015.

The Supreme Court has confirmed that lack of indication of the currency in which payment is to be made, in the command or promise to pay this sum, will not result in the invalidity of a promissory note, provided that the name of the currency is determined in the indication of the sum of money given in the upper right corner of the document.

Nevertheless, for the full interpretation of the Supreme Court’s  position we need to wait until the publication of reasons for the resolution.


 Top of page