The carrier's responsibility in the money transport contract

Abstract

The transport contract is divided into several contracts that are described according to the place where the transport takes place, or according to the means through which the transport is carried out. From the contract for transporting things, the contract for transporting money is branched out. This contract finds its basis in the Yemeni commercial law within the contract for transporting goods or things. Due to the specificity of the subject matter of this contract, which is money, it is often fraught with more risks than other movable things. Due to the importance of this specificity, the Yemeni commercial law does not regulate this contract as an independent contract with its own provisions due to its practical importance in the field of transportation or money transfer via electronic means. All the legal provisions of this contract are stipulated in only one article related to the carrier’s responsibility when transporting money, so that the rest of the legal provisions related to the transport of goods or things apply to him. The contract for transporting money differs according to the means through which the money is transported. Transporting it through regular means of transport differs from transporting it by electronic means. Therefore, it is important to clarify the legal nature of this contract, the extent to which it differs from other transport contracts, and what are the obligations incurred by both parties. Cash transportation contract.