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Building a universal payments law?: The UNCITRAL Model Law on International Credit Transfers

Gregor Henrich

MPRA Paper from University Library of Munich, Germany

Abstract: The article descibes the process leading to the draft of the Model Law as discussed in 1991. The text of the draft is reproduced as Annex. The Model Law is designed to produce a comprehensive body of rules to govern relations between parties to funds transfer transactions.

Keywords: UNCITRAL; model law; payments; credit transfers; transborder (search for similar items in EconPapers)
JEL-codes: F53 K12 K33 K39 (search for similar items in EconPapers)
Date: 1991-07
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Published in Payment Systems Worldwide Summer (1991): pp. 4-16

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