So the term does not extend to general proceeds, such as receivables arising from sale of an object which is governed by an international interest, for this would take the Convention out side its primary focus, physical objects, and could lead to the application of the Convention to proceeds having no continuing linkage with the object from which they were derived
Proceeds as so defined will almost always take
the form of a money payment that will end
up in the creditor’s bank account and will
thus constitute a claim against the bank