Cross writing

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The word cross-writing comes from the bill of exchange law and means the signature on the bill of exchange by the drawee or bill surety .

Exchange right

On the DIN 5004 alternate form, the drawee's signature is not provided horizontally, but vertically - i.e. across the rest of the typeface. With the "cross-writing" the drawee accepts his obligation to pay with his signature on the left side of the drawn bill ( Art. 28 Para. 1 WG ), which is intended to express the drawee's liability under bill of exchange . This resulted in the warning “Write back, write back, never write across!” The signature of the drawee is a legal part of the bill of exchange according to Art. 1 No. 3 WG. The surety is also created by the surety on the bill of exchange ( Art. 31 WG).

English bill of exchange law

This cross-writing did not agree with the cross-writing ( English crossing ) of the bill of exchange in the English bill of exchange law of August 1856, which meant that payment from the bill of exchange (or check ) was only possible to a banker . This cross-billing note prevented the cash payment . Issued abroad crossed checks are domestically crossed checks treated ( Art. 38a ScheckG ).

Others

The colloquial language extended cross-writing to all types of debt certificates, such as guarantees or promissory notes . It used to be customary to confirm contracts on the blank back with a transverse signature. Since the change from everyday life has largely disappeared, cross-writing has been used for every type of liability assumption. According to the Duden , the new spelling is today "write across".

See also

Individual evidence

  1. ^ Fritz Knapp Verlag (ed.), Journal for the entire credit system , Volume 9, 1956, p. 636
  2. ↑ Reinhard Richardi : Example of a completed change of standard sheet DIN 5004 (November 1998 edition). University of Regensburg, accessed on September 15, 2018
  3. ↑ Gabler Lexikon-Redaktion (Ed.), Gabler Kleines Lexikon Wirtschaft , 1986, p. 194
  4. ^ Levin Goldschmidt (Ed.), Journal for the entire commercial law , Volume 2, 1859, p. 477
  5. ↑ Dudenredaktion (Bibliographisches Institut), Duden , 2000, p. 785