Regulation On Clearing Houses In Cheque Transactions

Original Language Title: Verordnung über Abrechnungsstellen im Scheckverkehr

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Read the untranslated law here: http://www.gesetze-im-internet.de/abrstv/BJNR292600005.html

Regulation on clearing houses in cheque transactions (settlement bodies regulation - AbrStV) AbrStV Ausfertigung date: 05.10.2005 full quotation: "billing offices Decree of October 5, 2005 (BGBl. I S. 2926)" footnote (+++ text detection from: 13.10.2005 +++) input formula on the basis of article 31 paragraph 2 of the cheques Act in the Federal Law Gazette Part III, outline number 4132-1, adjusted version in conjunction with article 129 published para 1 of the basic law for the Federal Republic of Germany ordered the Ministry of Justice : § 1 the German Bundesbank is back-office within the meaning of article 31 paragraph 1 of the cheques Act.

§ 2 (1) cheques can be supplied in the Office when the consignor and the payer or of third parties, in which the cheque payable is set, will take part in the back-office accounting traffic or represented by a participant.
(2) the deposit of cheques by way of electronic data transmission requires that an electronic image of the cheques, which completely makes the document, is submitted the settlement Office according to your specifications.

Article 3 this regulation enters into force on the day after the announcement. At the same time the regulation on clearing houses in the Bill of Exchange and check traffic in the adjusted version published in the Federal Law Gazette Part III, outline number 4132-4, override.