Federal Act on the Amendment of the Swiss Civil Code (OR)

Art. 1105OR from 2023

Art. 1105 6. Designation of payee

¹ The cheque may be made payable to:a specific person, with or without the explicit comment “to order”; a specific person, with the comment “not to order” or a comment to that effect;the bearer.

² Where the cheque designates a specific person as payee with the added comment “or presenter” or a comment to that effect, the cheque is deemed made out to the bearer.

³ A cheque with no payee indicated is deemed payable to the bearer.