Debt to be discharged at creditor’s domicile; duty to inform the colleagues

In business transactions, the term for the fact that the debtor must perform at the creditor’s domicile. – In the information management of a company – for example: a bank – the duty of the person who has a message – for example: Insolvency of a borrower – to transmit it immediately to the parties involved according to internal guidelines. – See Place of payment.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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