1.- The holder may refuse to take payment at a place other than the place where the instrument was presented for payment in accordance with article 55.
2.- In such case if payment is not made at the place where the instrument was presented for payment in accordance with article 55, the instrument is considered to be dishonoured by non-payment.
Article 75
1.- An instrument must be paid in the currency in which the sum payable is expressed.
2.- If the sum payable is expressed in a monetary unit of account within the meaning of subparagraph (l) of article 5 and the monetary unit of account is transferable between the person making payment and the person receiving it, then, unless the instrument specifies a currency of payment, payment shall be made by transfer of monetary units of account. If the monetary unit of account is not transferable between those persons, payment shall be made in the currency specified in the instrument or, if no such currency is specified, in the currency of the place of payment.
3.- The drawer or the maker may indicate in the instrument that it must be paid in a specified currency other than the currency in which the sum payable is expressed. In that case:
(a) The instrument must be paid in the currency so specified;
(b) The amount payable is to be calculated according to the rate of exchange indicated in the instrument. Failing such indication, the amount payable is to be calculated according to the rate of exchange for sight drafts (or, if there is no such rate, according to the appropriate established rate of exchange) on the date of maturity:
(i) Ruling at the place where the instrument must be
presented for payment in accordance with subparagraph (g) of
article 55, if the specified currency is that of that place
(local currency); or
(ii) If the specified currency is not that of that place,
according to the usages of the place where the instrument must
be presented for payment in accordance with subparagraph (g)
of article 55;
(c) If such an instrument is dishonoured by non-acceptance, the amount payable is to be calculated:
(i) If the rate of exchange is indicated in the
instrument, according to that rate;
(ii) If no rate of exchange is indicated in the
instrument, at the option of the holder, according to the rate
of exchange ruling on the date of dishonour or on the date of
actual payment;
(d) If such an instrument is dishonoured by non-payment, the amount payable is to be calculated:
(i) If the rate of exchange is indicated in the
instrument, according to that rate;
(ii) If no rate of exchange is indicated in the
instrument, at the option of the holder, according to the rate
of exchange ruling on the date of maturity or on the date of
actual payment.
4.- Nothing in this article prevents a court from awarding damages for loss caused to the holder by reason of fluctuations in rates of exchange if such loss is caused by dishonour for non-acceptance or by non-payment.
5.- The rate of exchange ruling at a certain date is the rate of exchange ruling, at the option of the holder, at the place where the instrument must be presented for payment in accordance with subparagraph (g) of article 55 or at the place of actual payment.
Article 76
1.- Nothing in this Convention prevents a Contracting State from enforcing exchange control regulations applicable in its territory and its provisions relating to the protection of its currency, including regulations wh
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