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Northern Boy · 12-05-2009, 05:40 PM

The are several who have used this and been successful using it. This comes from the Bills and Exchange Act of Canada

From the §57.1 of the Bills of Exchange Act of Canada.

Presumption of value

57. (1) Every party whose signature appears on a bill is, in the absence of evidence to the contrary, deemed to have become a party thereto for value

when you write accepted for Value on the Bill then write returned for Value on it under your signature along with the BC number the bill is in fact paid I could list several examples where this has worked from several countries

http://www.canlii.org/en/ca/laws/sta...985-c-b-4.html

12-05-2009, 05:40 PM	#7
Northern Boy Avalon Senior Member Join Date: Oct 2008 Location: On this Rock Posts: 1,390	Re: New way to pay your bills! The are several who have used this and been successful using it. This comes from the Bills and Exchange Act of Canada From the §57.1 of the Bills of Exchange Act of Canada. Presumption of value 57. (1) Every party whose signature appears on a bill is, in the absence of evidence to the contrary, deemed to have become a party thereto for value when you write accepted for Value on the Bill then write returned for Value on it under your signature along with the BC number the bill is in fact paid I could list several examples where this has worked from several countries http://www.canlii.org/en/ca/laws/sta...985-c-b-4.html Last edited by Northern Boy; 12-05-2009 at 05:46 PM.