UAE Commercial Transactions Law

Article 553 — Article (553)

Book Four: Commercial Papers · Part One: Bill of Exchange · Chapter Four: Acceptance of Bill of Exchange: Article (550)

1. The drawee may request that the bill of exchange be re-presented for acceptance on the next day following the first presentation; however, persons concerned may not allege that such request was rejected, unless it has been mentioned in protest. 2. The bearer of a bill of exchange presented for acceptance shall not be bound to surrender it to the drawee.

WAWhatsAppTGTelegram