Article 864. Conditions for execution by a bank of a payment order.
1. The content of the payment order and the settlement documents submitted with it and their form must comply with the requirements provided by the law and the banking rules established in accordance with it. 2. If the payment order does not comply with the requirements specified in clause 1 of this article, the bank may clarify the content of the order. Such a request must be made to the payer immediately upon receipt of the order. If the answer is not received within the time provided for by the law or banking rules established in accordance with it, and if they are not available, the bank can leave the order without execution within a reasonable time and return it to the payer, unless otherwise provided by law, established by the banking rules or agreement between the bank and the payer. 3. The order of the payer is executed by the bank if funds are available on the payer's account, unless otherwise provided by the agreement between the payer and the bank. Orders are executed by the bank in compliance with the order of withdrawal of funds from the account (Article 855).
Links to other articles of chapter 46. Calculations: