THE LEGAL SYSTEM OF ELECTRONIC BILL OF EXCHANGE
Main Article Content
Abstract
The present study is conducted to define and present the concept of e-asphalting. It tends to indicate the extent of its subjection to the commercial law that is applied on the common asphalting. Thus, the results have revealed that the electronic bill of exchange consists of two versions, and e-version and a magnetic one that is based on an electronic pillar. The latter is used by the banks, posts, and the public treasure. In addition, the Algerian legislator has aimed to organize the bill of exchange that is built on the law instruction provided by the Algerian Bank, Number 01-2020 that is accredited on the 16th February 2020 modified and accomplished.
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References
Law No. 23-09 dated 03 Dhu al-Hijjah 1444 corresponding to June 21, 2023, containing the Monetary and Banking Law, No. 43, Official Gazette, dated June 27, 2023.
Regulation No. 05-04 dated 19 Ramadan 1426 corresponding to October 13, 2005, including the system of immediate gross settlement for large amounts and urgent payment, No. 02, Official Gazette, dated January 15, 2006.
Regulation No. 05-06 dated 13 Dhu al-Qi'dah 1426 corresponding to December 15, 2005, related to the exchange of securities and other public instruments, Official Gazette, No. 26, dated April 26, 2006. Directives:
Directive No. 03-08 dated March 25, 2008, establishing an arbitration committee, issued by the Bank of Algeria.
Directive No. 04-08 dated March 25, 2008, establishing a cell between banks to manage risks and crises, issued by the Bank of Algeria.
Directive No. 01-2020 dated February 16, 2020, related to standardizing bills of exchange and promissory notes, amended and supplemented, issued by the Bank of Algeria.
Books, Theses, and Journals
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