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The payment of the promissory note at the date of payment

Summary/Abstract: The payment of the promissory note can be demanded at the date of payment. The date of payment can be determined at the issuing of the title (date of payment at a fixed day or at a certain term from the issuing day) or it can be determined after that by the possessor of the promissory note (the date of payment at sight or at a certain term from sight). The presentation of the title to payment, meaning its showing to the main debtor, by the possessor that is legitimated according to the law or by its trustee. When the date of payment is at a fixed day or at a certain term from the issuing date or from sight, the promissory note must be presented to payment either on the date of payment or in one of the two working days that follow – art 41 from Law 58/1934 on the promissory note and the bill at order.

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