Pennsylvania Statutes Title 56 P.S. Negotiable Instruments § 392. Damages on protested bills of exchange to be in lieu of interest, etc.

The damages which by this act are to be recovered upon any bill of exchange, shall be in lieu of interest and all other charges, except the charges of protest, to the time when notice of the protest and demand of payment shall have been given and made as aforesaid: and the amount of such bill, and of the damages payable thereon, as specified in this act, shall be ascertained and determined by the rate of exchange, or value of the money or currency mentioned in such bill at the time of notice of protest and demand of payment as before mentioned.