By Yasmine EDDAM
10 April 2025
Once a bill of exchange has been created and can be circulated, it reaches its natural conclusion: payment. This is the point at which the beneficiary, or final bearer, receives the promised sum of money. But how does this payment actually take place? What are the rules on due date and presentation? And above all, what should be done immediately if payment is not made as expected? Payment of a bill of exchange is governed by precise rules set out in the French Commercial Code, designed to reconcile the interests of the creditor (getting what is due) and those of the debtor (paying under the right conditions), while maintaining the necessary security for this instrument. This article guides you through the practical aspects of payment, from determining the due date to taking the first steps in the event of an incident. The due date: the key moment for payment The due date is the date on which the bill of exchange becomes...
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