Where the pledge concerns a bank account, the pledged claim shall cover the provisional or
final credit balance on the date the security is realized subject to the regularization of current
transactions in accordance with the terms and conditions provided for by the Uniform Act on
the Organization of Simplified Recovery Procedures and Measures of Execution on matters of
attachment and assignment of debts in the custody of a credit institution.
Subject to the same reservation, where collective proceedings are started against the debtor of
the secured debt, the creditor of the pledged debt shall have the right to claim the credit balance
of the account on the day the said proceedings are commenced.
Official translation
Spot-checked
In force from 15 December 2010
Source page 33