Legislator Case Law & Legislation
068280 AI generated

Bank discount contract creates bilateral obligation binding the beneficiary to perform received payment.

Case Number 068280
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The court upheld the legal characterization of a bank discount operation as a bilateral contract. The beneficiary of the discount is legally bound to fulfill the performance corresponding to the funds received. Consequently, the court ruled that the discount operation creates a binding juridical link requiring the beneficiary to execute the agreed obligation.

Legislator headnote

Official

DESCONTO BANCÁRIO LETRA

Keywords

AI generated
bank discount contract bilateral juridical bond performance obligation civil code provisions financial instrument liability

Cited Legislation

AI generated
Art. 421 do Código Civil

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Full text

[Nº CONVENCIONAL] JSTJ00023479

[Nº DO DOCUMENTO] SJ198001310682802

[PRIVACIDADE] 1

[TEXTO INTEGRAL] N

[URL] https://www.dgsi.pt/jstj.nsf/954f0ce6ad9dd8b980256b5f003fa814/AF95DD69E6F598C0802568FC003AD4A8?OpenDocument

SUMÁRIO

A operação de desconto bancário, como contrato bilateral que é, cria um vínculo jurídico pelo qual o beneficiário do desconto fica adstrito à realização da prestação do que recebeu.