Pecuniary performance in Polish law

The article aims to describe the institution of pecuniary performance in Polish civil law system, taking into account EU regulations and case Supreme Court. Due its importance for transactions, is regulated separately both at level general specific regulations. These are contained Civil Code special laws, including those relating bank agreements. In particular, Act recognizes nominalism as basic principle providing strictest sense, introduces possibility judicial contractual valorization such regulates principles performances, expressed foreign currency. also interest. This applies, title collect interest, types interest (ordinary interest; default, delay commercial transactions), amount (including specified by if not otherwise specified), together with determination a maximum (maximum delay) prohibition anatocism (compound interest), exceptions prohibition. some cases, however, statutory regulation turns out be incomplete, unclear or line current situation transactions. For these reasons, courts face challenge resolving dispute on basis regulations, concerning rules fulfilling obligation. issue statute limitations regarding claims changes during term obligation effectiveness loan agreements denominated indexed currency other than currency, concluded before 21 July 2017.