Selected Cases by Article & Issues

Article Preamble459 Cases
Article 1.117 Cases
Article 1.26 Cases
Article 1.36 Cases
Article 1.41 Cases
Article 1.50 Cases
Article 1.63 Cases
Article 1.751 Cases
Article 1.814 Cases
Article 1.99 Cases
Article 1.102 Cases
Article 1.110 Cases
Article 1.121 Cases
Article 2.1.17 Cases
Article 2.1.24 Cases
Article 2.1.30 Cases
Article 2.1.41 Cases
Article 2.1.50 Cases
Article 2.1.63 Cases
Article 2.1.70 Cases
Article 2.1.80 Cases
Article 2.1.90 Cases
Article 2.1.100 Cases
Article 2.1.116 Cases
Article 2.1.123 Cases
Article 2.1.134 Cases
Article 2.1.144 Cases
Article 2.1.159 Cases
Article 2.1.162 Cases
Article 2.1.176 Cases
Article 2.1.186 Cases
Article 2.1.194 Cases
Article 2.1.208 Cases
Article 2.1.216 Cases
Article 2.1.221 Cases
Article 2.2.10 Cases
Article 2.2.20 Cases
Article 2.2.30 Cases
Article 2.2.40 Cases
Article 2.2.51 Cases
Article 2.2.60 Cases
Article 2.2.70 Cases
Article 2.2.80 Cases
Article 2.2.90 Cases
Article 2.2.101 Cases
Article 3.1.10 Cases
Article 3.1.21 Cases
Article 3.1.32 Cases
Article 3.1.41 Cases
Article 3.2.12 Cases
Article 3.2.25 Cases
Article 3.2.30 Cases
Article 3.2.40 Cases
Article 3.2.55 Cases
Article 3.2.63 Cases
Article 3.2.77 Cases
Article 3.2.82 Cases
Article 3.2.92 Cases
Article 3.2.100 Cases
Article 3.2.111 Cases
Article 3.2.122 Cases
Article 3.2.130 Cases
Article 3.2.140 Cases
Article 3.2.150 Cases
Article 3.2.160 Cases
Article 3.2.170 Cases
Article 3.3.10 Cases
Article 3.3.22 Cases
Article 4.134 Cases
Article 4.214 Cases
Article 4.330 Cases
Article 4.47 Cases
Article 4.59 Cases
Article 4.616 Cases
Article 4.71 Cases
Article 4.86 Cases
Article 5.1.13 Cases
Article 5.1.29 Cases
Article 5.1.320 Cases
Article 5.1.49 Cases
Article 5.1.50 Cases
Article 5.1.60 Cases
Article 5.1.72 Cases
Article 5.1.83 Cases
Article 5.1.90 Cases
Article 5.2.10 Cases
Article 5.2.20 Cases
Article 5.2.30 Cases
Article 5.2.40 Cases
Article 5.2.50 Cases
Article 5.2.60 Cases
Article 5.3.10 Cases
Article 5.3.20 Cases
Article 5.3.30 Cases
Article 5.3.40 Cases
Article 5.3.50 Cases
Article 6.1.10 Cases
Article 6.1.20 Cases
Article 6.1.30 Cases
Article 6.1.42 Cases
Article 6.1.50 Cases
Article 6.1.62 Cases
Article 6.1.71 Cases
Article 6.1.81 Cases
Article 6.1.94 Cases

(1) If a monetary obligation is expressed in a currency other than that of the place for payment, it may be paid by the obligor in the currency of the place for payment unless
(a) that currency is not freely convertible; or
(b) the parties have agreed that payment should be made only in the currency in which the monetary obligation is expressed.
(2) If it is impossible for the obligor to make payment in the currency in which the monetary obligation is expressed, the obligee may require payment in the currency of the place for payment, even in the case referred to in paragraph (1)(b).
(3) Payment in the currency of the place for payment is to be made according to the applicable rate of exchange prevailing there when payment is due.
(4) However, if the obligor has not paid at the time when payment is due, the obligee may require payment according to the applicable rate of exchange prevailing either when payment is due or at the time of actual payment.

Number Issue # Cases
1 Monetory obligation expressed in currency different from that of place for payment
1.1 May be paid in currency of place for payment 2
1.2 Exceptions
1.2.1 Currency of place of payment not freely convertible
1.2.2 "Effectivo-clause"
1.2.2.1 Exception from "effectivo-clause"
2 Rate of exchange between currency of account and currency of payment 2
2.1 Rate prevailing when payment is due 1
2.2 In case of default by obligor, obligee's option between rate prevailing when payment is due and rate at time of actual payment 1
Article 6.1.100 Cases
Article 6.1.110 Cases
Article 6.1.121 Cases
Article 6.1.131 Cases
Article 6.1.142 Cases
Article 6.1.153 Cases
Article 6.1.161 Cases
Article 6.1.171 Cases
Article 6.2.110 Cases
Article 6.2.236 Cases
Article 6.2.325 Cases
Article 7.1.17 Cases
Article 7.1.21 Cases
Article 7.1.35 Cases
Article 7.1.43 Cases
Article 7.1.52 Cases
Article 7.1.64 Cases
Article 7.1.728 Cases
Article 7.2.12 Cases
Article 7.2.24 Cases
Article 7.2.30 Cases
Article 7.2.40 Cases
Article 7.2.51 Cases
Article 7.3.125 Cases
Article 7.3.26 Cases
Article 7.3.33 Cases
Article 7.3.40 Cases
Article 7.3.54 Cases
Article 7.3.66 Cases
Article 7.3.74 Cases
Article 7.4.117 Cases
Article 7.4.220 Cases
Article 7.4.328 Cases
Article 7.4.411 Cases
Article 7.4.54 Cases
Article 7.4.63 Cases
Article 7.4.79 Cases
Article 7.4.813 Cases
Article 7.4.935 Cases
Article 7.4.102 Cases
Article 7.4.110 Cases
Article 7.4.121 Cases
Article 7.4.1312 Cases
Article 8.10 Cases
Article 8.20 Cases
Article 8.30 Cases
Article 8.40 Cases
Article 8.50 Cases
Article 9.1.10 Cases
Article 9.1.20 Cases
Article 9.1.30 Cases
Article 9.1.41 Cases
Article 9.1.51 Cases
Article 9.1.60 Cases
Article 9.1.70 Cases
Article 9.1.80 Cases
Article 9.1.90 Cases
Article 9.1.101 Cases
Article 9.1.110 Cases
Article 9.1.120 Cases
Article 9.1.131 Cases
Article 9.1.140 Cases
Article 9.1.150 Cases
Article 9.2.12 Cases
Article 9.2.20 Cases
Article 9.2.31 Cases
Article 9.2.40 Cases
Article 9.2.52 Cases
Article 9.2.60 Cases
Article 9.2.70 Cases
Article 9.2.80 Cases
Article 9.3.10 Cases
Article 9.3.20 Cases
Article 9.3.32 Cases
Article 9.3.42 Cases
Article 9.3.50 Cases
Article 9.3.60 Cases
Article 9.3.70 Cases
Article 10.10 Cases
Article 10.23 Cases
Article 10.30 Cases
Article 10.41 Cases
Article 10.50 Cases
Article 10.61 Cases
Article 10.70 Cases
Article 10.80 Cases
Article 10.92 Cases
Article 10.100 Cases
Article 10.110 Cases
Article 11.1.10 Cases
Article 11.1.20 Cases
Article 11.1.30 Cases
Article 11.1.40 Cases
Article 11.1.50 Cases
Article 11.1.60 Cases
Article 11.1.70 Cases
Article 11.1.80 Cases
Article 11.1.90 Cases
Article 11.1.100 Cases
Article 11.1.110 Cases
Article 11.1.120 Cases
Article 11.1.130 Cases
Article 11.2.10 Cases
Article 11.2.20 Cases
Article 11.2.30 Cases
Article 11.2.40 Cases