Unless otherwise agreed by the parties, payment of a money debt may always be made in the currency of the place for payment.
Trans-Lex Commentary
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Please cite as: "Commentary to Trans-Lex Principle No. V.2.1 - Payment in currency of place of payment, http://www.trans-lex.org/952000"
The Principle provides a default rule for those rare cases in which the parties have not made an agreement on the currency of the contract price to be paid by one side. In such a case, the money debt must be paid by the debtor in the currency of the place of payment.
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Please cite as: "Commentary to Trans-Lex Principle No. V.2.1 - Payment in currency of place of payment, http://www.trans-lex.org/952000"
The Principle provides a default rule for those rare cases in which the parties have not made an agreement on the currency of the contract price to be paid by one side. In such a case, the money debt must be paid by the debtor in the currency of the place of payment.