Selected Cases by Article & Issues
(1) Unless the obligee has indicated a particular account, payment may be made by a transfer to any of the financial institutions in which the obligee has made it known that it has an account.
(2) In case of payment by a transfer the obligation of the obligor is discharged when the transfer to the obligee"s financial institution becomes effective.
|Payment by funds transfers
|Admissable to any financial institution in which obligee informs to have account
|Time when obligor's obligation is discharged