Law on bills of exchange

The bill of exchange is currently the most popular security operating in legal transactions. Not only does it belong to one of the forms of securing debts, but it is also an acceptable means of payment in commercial transactions. It is worth knowing that the legal act regulating the matter of promissory note law is one of the longest binding legal acts in Poland. The act bill of exchange law entered into force during the interwar period - on 1 July 1936 and its first amendment did not take place until 2006.

Due to the high formalism involved in issuing a bill of exchange, the specific nature of a bill of exchange obligation and the distinctiveness of claiming payment under this security, bill of exchange law is a complex and highly rigorous area of law in which there is no room for error. Indeed, the faulty filling of a promissory note can result in the loss of formal and substantive standing to pursue a claim in court and thus lead to the dismissal of the action. It is for these reasons that promissory note law is an area in which few lawyers practise.

Bialystok Office of Commercial and Tax Law Counsellor Marek Krzysztof Wynimko has been advising for many years on many aspects of promissory note law, and above all on those related to the economic use of the promissory note. In view of the fact that the promissory note is now a commonly used security in business-to-business transactions, which the law firm specialises in, our interest in this area of law formed naturally and subsequently broadened our professional passions.

We combine the experience we have gained over the past dozen years in handling cases involving promissory obligations with our knowledge and practice in such areas of law as tax law, commercial law and civil law. As a result, we are able to offer you a fully comprehensive legal perspective on any matter arising as a result of dealing in bills of exchange. We know that this is important because we understand our clients very well who, instead of spending hours resolving legal aspects, would prefer to simply take care of their business.

W our law firm We provide bill of exchange law services including, but not limited to:

We represent both creditors and debtors of promissory notes. We provide our services not only to entrepreneurs, but also to individuals who have become a party to a promissory note obligation, e.g. as a result of concluding a loan agreement. Therefore, if you have a problem related to any issue in the field of bill of exchange law we invite you to contact with our law firm or visit legal personnel at our company headquarters.