The Promissory Note Letter is a fundamental financial instrument in Swiss commercial practice, used when one party wishes to formalize a promise to pay a specific sum to another party. This document type is particularly valuable in business transactions, lending arrangements, and debt restructuring scenarios. The Swiss Code of Obligations provides a comprehensive legal framework for promissory notes, ensuring their enforceability and negotiability. When drafting a Promissory Note Letter, parties must ensure compliance with mandatory requirements including clear payment terms, proper designation, and specific formal elements. The document can be used in various contexts, from simple bilateral loans to complex commercial transactions, and can include additional features such as security arrangements or interest provisions while maintaining its essential character as a unconditional promise to pay.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Document Title and Designation: Clear identification as a 'Promissory Note' (must appear in the text itself in the language of the document)
2. Issuer Details: Full name and address of the person/entity making the promise to pay (maker)
3. Payee Details: Full name and address of the person/entity to whom payment is to be made
4. Promise to Pay: Unconditional promise to pay a specific sum of money, including the currency and amount both in figures and words
5. Payment Terms: When the payment is due (maturity date) and the place of payment
6. Date and Place of Issuance: The date when and place where the promissory note is issued
7. Signature Block: Space for the maker's signature and date of signing
1. Interest Provision: Details of any interest payable, including rate and calculation method - include if the note bears interest
2. Security Arrangements: Description of any collateral or security provided - include if the note is secured
3. Transfer Rights: Specific provisions regarding transferability or negotiability - include if there are special transfer restrictions
4. Early Payment Terms: Provisions for early payment or prepayment - include if early payment is allowed
5. Default Provisions: Consequences of default and acceleration terms - include if specific default terms are needed
6. Governing Law Statement: Explicit statement of Swiss law governance - include for international transactions
1. Payment Schedule: If payments are to be made in installments, a detailed schedule of payment dates and amounts
2. Security Documentation: If the note is secured, details and documentation of the security arrangement
3. Corporate Authorization: If the maker is a corporation, evidence of authority to issue the promissory note
Find the exact document you need
Iou Note
A Swiss law-governed acknowledgment of debt that creates a legally binding obligation for repayment of a specified sum of money.
Download
Iou Promissory Note
A Swiss-law governed document containing a legally binding promise to pay a specified sum of money, regulated under the Swiss Code of Obligations.
Download
Negotiable Instrument Promissory Note
A Swiss law-governed financial instrument containing a written promise to pay a specified sum of money, subject to the Swiss Code of Obligations and Geneva Convention requirements.
Download
Simple Promissory Note
A Swiss law-governed document containing a legally binding promise to pay a specified sum of money, structured according to Swiss Code of Obligations requirements.
Download
Installment Promissory Note
A Swiss law-governed debt instrument documenting a borrower's promise to repay a loan through scheduled installment payments.
Download
International Promissory Note
A Swiss law-governed financial instrument containing an unconditional promise to pay a specified sum of money, structured according to Swiss legal requirements and international conventions.
Download
Unsecured Promissory Note
A Swiss law-governed financial instrument documenting an unconditional promise to pay a specified sum without collateral security.
Download
Standard Promissory Note
A Swiss law-governed debt instrument representing an unconditional promise to pay a specified sum of money, structured according to Swiss Code of Obligations requirements.
Download
Secured Promissory Note
A Swiss law-governed debt instrument combining a promise to pay with security interests over collateral, structured under the Swiss Code of Obligations and Civil Code.
Download
Non Negotiable Promissory Note
A Swiss law-governed formal promise to pay a specified sum of money, creating a non-transferable debt obligation between specific parties.
Download
Hospital Bill Promissory Note
A Swiss law-governed promissory note documenting a patient's commitment to pay outstanding hospital bills, including payment terms and enforcement provisions.
Download
Convertible Promissory Note
A Swiss law-governed debt instrument that converts to equity under specified conditions, combining debt and equity financing elements for early-stage companies.
Download
Bank Promissory Note
A Swiss-law governed financial instrument containing an unconditional promise to pay a specified sum to a designated bank, regulated under the Swiss Code of Obligations.
Download
Recourse Promissory Note
A Swiss law-governed negotiable debt instrument containing an unconditional promise to pay with recourse rights against previous endorsers.
Download
Promissory Note Letter
A Swiss law-governed formal written promise to pay a specified sum of money, serving as a legally binding and potentially negotiable debt instrument under the Swiss Code of Obligations.
Download
Non Recourse Promissory Note
A Swiss law-governed debt instrument that limits the lender's recourse to specific collateral, structured as a promissory note with detailed security provisions.
Download
Note Agreement
A Swiss law-governed agreement establishing terms and conditions for the issuance of debt instruments between an Issuer and Noteholder(s).
Download
Family Promissory Note
A Swiss-law governed promissory note documenting a loan agreement between family members, including loan amount, repayment terms, and other key provisions.
Download
Cash Loan Promissory Note
A Swiss-law governed promissory note documenting a borrower's unconditional promise to repay a cash loan with specified terms and conditions.
Download
Partial Recourse Promissory Note
A Swiss law-governed debt instrument combining a promissory note's features with limited recourse provisions, restricting the holder's claims to specific assets or income streams.
Download
Amended And Restated Promissory Note
A Swiss law-governed instrument that amends and restates an existing promissory note, consolidating and updating the payment obligations between parties.
Download
Home Loan Promissory Note
A Swiss law-governed debt instrument documenting a property-secured loan agreement between a lender and borrower, incorporating specific Swiss mortgage lending requirements.
Download
Lump Sum Promissory Note
A Swiss law-governed formal promise to pay a specified sum of money to a named party at a determined future date.
Download
Contingent Promissory Note
A Swiss law-governed negotiable instrument containing a conditional promise to pay a specified sum upon the occurrence of defined events.
Download
Promissory Note Purchase Agreement
A Swiss law-governed agreement for the purchase and sale of a promissory note, detailing transaction terms and transfer requirements.
Download
Private Promissory Note
A Swiss law-governed financial instrument documenting an unconditional promise to pay a specified sum of money, structured according to the Swiss Code of Obligations.
Download
Interest Only Promissory Note
A Swiss law-governed debt instrument documenting an interest-only loan arrangement where the borrower pays periodic interest while the principal is due at maturity.
Download
Grid Promissory Note
A Swiss law-governed negotiable instrument containing an unconditional promise to pay a specified sum of money, commonly used in banking and commercial transactions.
Download
Promissory Note Payable
A Swiss law-governed financial instrument containing a written promise to pay a specified sum of money, compliant with the Swiss Code of Obligations and serving as a negotiable debt instrument.
Download
Intercompany Promissory Note
A Swiss law-governed promissory note documenting debt obligations between related companies within the same corporate group.
Download
Employee Promissory Note
A Swiss law-governed document establishing terms for an employee's repayment of funds to their employer, including payment schedule and employment-related provisions.
Download
Simple Promissory Note No Interest
A Swiss law-governed promissory note documenting an interest-free debt obligation between parties, containing an unconditional promise to pay a specified sum at a predetermined date.
Download
No Interest Promissory Note
A Swiss law-governed document evidencing a promise to repay a specified sum without interest, compliant with Swiss Code of Obligations requirements.
Download
Convertible Promissory Note Purchase Agreement
A Swiss law agreement governing the issuance of convertible promissory notes, detailing investment terms and conversion rights.
Download
Subordinated Promissory Note
A Swiss law-governed debt instrument documenting a subordinated payment obligation, including terms of subordination, interest, and repayment conditions.
Download
Guarantee Promissory Note
A Swiss law-governed financial instrument combining a guarantee and promissory note, providing an unconditional payment promise while guaranteeing an underlying obligation.
Download
Demand Note Payable
A Swiss law-governed financial instrument documenting a borrower's promise to pay a specified sum upon the lender's demand.
Download
Commercial Promissory Note
A Swiss law-governed financial instrument containing an unconditional promise to pay a specified sum of money, used in commercial transactions.
Download
Promissory Contract
A Swiss law-governed contract establishing a legally binding promise to pay a specified sum of money, structured according to Swiss Code of Obligations requirements.
Download
Discount Promissory Note
A Swiss law-governed negotiable instrument where the maker promises to pay a specified sum to the payee, issued at a discount to face value.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)