Abstract
The article presents the exploring of legal support of non-cash settlements in economic activity. In the article, the complex analysis of the tendencies of the legal regulation of the cashless transfers in commercial activity has been done. Also, the article has been prepared some recommendations on improvement of non-cash settlements, taking into the consideration fact that there are different types of payments under modern economic conditions, which change the approaches to the specific features, protection, and the peculiarities of their usage. Besides, in the article, some problems of the legal regulation of cashless settlements have been investigated according to the papers of international academics from different countries. Also, some legal documents of the state Ukraine in this direction have been analysed in the paper. Among the documents was the Instruction on Cashless Payments in Ukraine in the National Currency; the Civil Code of Ukraine, etc. Therefore, the legal support of non-cash settlements in economic activity is critical and valuable because all the support, as well as all the conditions of the implementation of the modern informational and telecommunication technologies in the activities of the financial institutions, may increasing of the clients’ demand on the services of the cashless transfers.
Highlights
The institute of the cashless settlement regulates commercial and civil relations among the client and the bank, as well as administrative and financial and informational relations, connected with the circulation of documents in the paper and digital form due to that fact that during the executing of the noncash transfer appear the documents, prescribed by the legal regulations of the National bank of Ukraine, and usually there is the exchange of the information among banks and payment systems about the transaction of money, which are on the operating account of the payer and the payee
The article aims to make a complex analysis of the tendencies of the legal regulation of the cashless transfers in the commercial activity and the creation of the recommendations on their improvement, taking into the consideration the fact that there are different types of payments under the modern economic conditions, which change the approaches to the specific features, protection and the peculiarities of their usage
The recommendations on the improvement of the legal regulation of cashless transfers in the commercial activity should be based on the complex analysis of the interests of the participants of the market and the state
Summary
The legal support of cashless transfers in economic activity is a very important problem because modern business activity needs a stable and common mechanism of payment. The legal regulation of the cashless settlements in the commercial activity plays a very important role in the modern world with its modern digital world economy, because the noncash transfers are the commercial or legal problem and the political one, which is connected with the economic safety and demands the strategic approaches to its solution. The article aims to make a complex analysis of the tendencies of the legal regulation of the cashless transfers in the commercial activity and the creation of the recommendations on their improvement, taking into the consideration the fact that there are different types of payments under the modern economic conditions, which change the approaches to the specific features, protection and the peculiarities of their usage. ISCSAI 2021 the payments in the commercial activity is not sufficient and some theoretical problems of the legal regulation of the payments among the subjects of the commercial activity are awaiting on the solve
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