Elektronska menica kao potencijalno novi institut srpskog prava

Abstract

In this paper the author examines whether the bill of exchange can be an electronic record, instead of a paper document. Today, a lot of communication among merchants goes on electronically. That is the reason why there is a need for digitalization of this security. Although it is not regulated in Serbian applicable law, it is necessary to examine basic questions about it, especially its issuing and using. We looked at the regulation of electronic documents and electronic signature, comparing it with the Serbian Bill of Exchange Act. When we consider our applicable law in area of electronic communication and connect it with purpose of bill of exchange, we conclude that it has the space to improve our regulation of this securities, so it will be very significant to introduce the electronic bill of exchange in our legal system. It will result in faster, easier and simpler commercial transactions.