Translation of "chèque payable au porteur " (French → English) :

bearer-negotiable instruments including monetary instruments in bearer form such as travellers cheques, negotiable instruments (including cheques, promissory notes and money orders) that are either in bearer form, endorsed without restriction, made out to a fictitious payee, or otherwise in such form that title thereto passes upon delivery and incomplete instruments (including cheques, promissory notes and money orders) signed, but with the payee's name omitted;

bearer negotiable instruments including monetary instruments in bearer form such as travellers cheques, negotiable instruments (including cheques, promissory notes and money orders) that are either in bearer form, endorsed without restriction, made out to a fictitious payee, or otherwise in such form that title thereto passes upon delivery and incomplete instruments (including cheques, promissory notes and money orders) signed, but with the payee's name omitted;

The proposal rightly recognises that cash can take many forms, not only notes and coins, but also bearer bonds and instruments, as well as, cheques.

Seven Member States provide for maximum penalties of imprisonment for Article 2 offences: AT provides for a maximum of five years for counterfeiting, receiving and fraudulent use; CY provides for a maximum of 14 years for counterfeiting payment instruments and seven years for using and acquiring them; DK a maximum of six years for counterfeiting and theft of payment instruments and 18 months for using them; LV ten years for the theft, acquisition and destruction of payment instruments and between 3 and 15 years for counterfeiting, fraudulent use and use of false payment instruments; LT a maximum of six years for using false instruments; NL seven years; PT penalises the acquisition of false payment instruments with three years’ impriso ...[+++]nment, currency trafficking with a maximum of five years, using falsified bearer cheques with six months to five years and falsification with three years (minimum) to twelve years (maximum); in SE there is a maximum of ten years for theft, falsification and receiving, only if the offence is serious (“gross”).

Seven Member States provide for maximum penalties of imprisonment for Article 2 offences: AT provides for a maximum of five years for counterfeiting, receiving and fraudulent use; CY provides for a maximum of 14 years for counterfeiting payment instruments and seven years for using and acquiring them; DK a maximum of six years for counterfeiting and theft of payment instruments and 18 months for using them; LV ten years for the theft, acquisition and destruction of payment instruments and between 3 and 15 years for counterfeiting, fraudulent use and use of false payment instruments; LT a maximum of six years for using false instruments; NL seven years; PT penalises the acquisition of false payment instruments with three years’ impriso ...[+++]nment, currency trafficking with a maximum of five years, using falsified bearer cheques with six months to five years and falsification with three years (minimum) to twelve years (maximum); in SE there is a maximum of ten years for theft, falsification and receiving, only if the offence is serious (“gross”).

4.46. Bonds and debentures are long-term securities that give the holder the unconditional right to: a fixed or contractually determined variable money income in the form of coupon payments, or a stated fixed sum on a specified date or dates when the security is redeemed, or both these two terms.