A combined process for the preparation of polycarbonate from bisphenols and diaryl carbonates, the monophenol liberated being reacted again for the preparation of the diaryl carbonate and the alkali metal halide forming in the preparation of the diaryl carbonate being converted by electrochemical oxidation, optionally over a gas diffusion electrode, into chlorine and alkali hydroxide solution, the chlorine being recycled into the preparation of the phosgene and the alkali hydroxide solution being recycled into the preparation of the diaryl carbonate.