The Entrusted Payment Agreement is a specialized financial instrument used in Pakistan when a party needs to ensure secure and controlled disbursement of funds to specific beneficiaries through a trusted intermediary. This document is particularly valuable in commercial transactions where payment security and verification are crucial, such as large-scale purchases, construction projects, or international trade dealings. The agreement must comply with Pakistani banking regulations, including the Banking Companies Ordinance 1962 and relevant State Bank of Pakistan directives. It typically includes detailed payment instructions, security measures, verification procedures, and the specific conditions under which payments should be released. This type of agreement is commonly used to mitigate payment risks and ensure proper fund disbursement in accordance with predetermined terms and conditions.
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. Parties: Identification of all parties involved - the entrusting party, the entrusted party, and the beneficiary
2. Background: Context of the agreement and the business relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Entrusted Payment: Details of the payment arrangement, including amount, purpose, and conditions
5. Payment Instructions: Specific instructions for executing the entrusted payment, including timing and method
6. Rights and Obligations: Detailed responsibilities and rights of each party in the payment arrangement
7. Security Measures: Security protocols and verification procedures for payment processing
8. Fees and Charges: Details of any fees, charges, or commissions related to the payment service
9. Term and Termination: Duration of the agreement and conditions for termination
10. Representations and Warranties: Legal assurances and promises made by each party
11. Confidentiality: Obligations regarding confidential information
12. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction details
13. Dispute Resolution: Procedures for handling disputes between parties
14. Notices: Methods and addresses for official communications between parties
1. Force Majeure: Provisions for unforeseen circumstances preventing performance - include if dealing with long-term or high-value payments
2. Assignment: Rules regarding transfer of rights - include if assignment rights are relevant to the transaction
3. Anti-Money Laundering Compliance: Specific AML obligations - include for high-value transactions or when dealing with international payments
4. Currency Conversion: Rules for handling currency exchanges - include if payments involve multiple currencies
5. Electronic Processing: Specific terms for electronic payment processing - include if electronic payment systems are used
6. Bank Account Changes: Procedures for handling changes in bank account details - include if long-term relationship anticipated
1. Payment Schedule: Detailed schedule of payment amounts, dates, and frequencies
2. Bank Account Details: Specified bank account information for all parties
3. Fee Schedule: Detailed breakdown of all applicable fees and charges
4. Authorization Matrix: List of authorized persons and their approval limits
5. Security Procedures: Detailed security and verification procedures
6. Required Documents: List of documents required for payment processing
Find the exact document you need
Installment Agreement (Real Estate)
A Pakistani law-governed agreement for real estate purchase through structured installment payments, outlining payment terms, conditions, and eventual property transfer requirements.
Download
Motorcycle Installment Agreement Form
A Pakistani law-compliant agreement for motorcycle purchase through installment payments, outlining payment terms, ownership rights, and parties' obligations.
Download
Rent Payment Contract
A Pakistani law-governed agreement establishing rental payment terms and conditions between landlord and tenant, including payment schedules and financial obligations.
Download
Car Down Payment Agreement Form
A legally binding agreement under Pakistani law that documents vehicle down payment terms, conditions, and obligations between seller and buyer.
Download
Agreement For Partial Payment
A Pakistani law-governed agreement establishing terms for settling an outstanding debt through structured partial payments.
Download
Auto Payment Contract
A Pakistani law-governed agreement establishing automated payment arrangements between service providers and customers, compliant with local banking and electronic transaction regulations.
Download
Rental Agreement Payment Terms
A legal document governing rental payment terms and conditions between landlords and tenants under Pakistani law.
Download
Fee Payment Agreement
A Pakistani law-governed agreement establishing terms and conditions for structured fee payments between parties, including payment schedules and compliance requirements.
Download
Agreement For Advance Payment For Purchase Of Land
A Pakistani law-compliant agreement documenting advance payment terms and conditions for land purchase transactions.
Download
Agreement For Advance Payment For Purchase Of Flat
A Pakistani law-compliant agreement documenting advance payment terms and conditions for flat purchase between developer and buyer.
Download
Recurring Payment Agreement
A Pakistani law-governed agreement establishing terms for recurring payment arrangements, including payment schedules, authorizations, and party obligations.
Download
Rental Agreement Advance Payment
A Pakistani law-governed rental agreement template specifying terms for advance payment arrangements between landlord and tenant.
Download
Partial Payment Agreement For House And Lot
A Pakistani law-governed agreement establishing terms for partial payment purchase of house and lot property, including payment schedule and transfer conditions.
Download
Non Payment Agreement
A Pakistani law-compliant agreement establishing terms for modified or foregone payment obligations between creditor and debtor.
Download
Independent Contractor Payment Agreement
A Pakistan-compliant agreement governing payment terms and conditions between a hiring entity and an independent contractor.
Download
Final Payment Agreement
A Pakistani law-governed agreement that formalizes final payment terms and mutual releases between parties, concluding a business transaction or project.
Download
Credit Payment Agreement Letter
A formal letter agreement under Pakistani law establishing credit payment terms between a lender and borrower, including amount, schedule, and interest details.
Download
Commission Payment Agreement
A Pakistani law-governed agreement establishing commission payment terms and conditions between a principal and agent, detailing compensation structure and mutual obligations.
Download
Car Payment Agreement Between Two Parties
A Pakistani law-governed agreement establishing terms for vehicle purchase through installment payments, including payment schedule and ownership transfer conditions.
Download
Agreement For Cash Payment
A formal agreement under Pakistani law establishing terms and conditions for cash payment obligations between parties, ensuring legal compliance and transaction transparency.
Download
Agreement For Advance Payment For Purchase Of Goods
A Pakistan-law governed agreement establishing terms for advance payment in goods purchase, including payment structure, delivery obligations, and risk allocation.
Download
Advance Payment Contract
A contract governed by Pakistani law that establishes terms for advance payments, including security mechanisms and performance obligations.
Download
Advance Payment Agreement
A Pakistani law-governed agreement establishing terms for advance payments, including security arrangements and repayment conditions.
Download
Third Party Payment Contract
A Pakistani law-governed agreement establishing terms for third-party payment arrangements, including payment obligations, mechanisms, and regulatory compliance requirements.
Download
Settlement Agreement With Installment Payments
A Pakistani law-governed agreement structuring dispute resolution through scheduled installment payments, with enforcement mechanisms and legal safeguards.
Download
Prepayment Agreement
A Pakistani law-governed agreement establishing terms for advance payment arrangements between parties, including payment mechanics and regulatory compliance requirements.
Download
Payment Received Agreement Letter
A formal acknowledgment of payment receipt under Pakistani law, providing legal proof of transaction completion between parties.
Download
Payment Guarantee Agreement
A Pakistani law-governed agreement where a guarantor undertakes to fulfill specified payment obligations of a debtor to a beneficiary, subject to local banking and contract laws.
Download
Pay Settlement Agreement
A legally binding agreement under Pakistani law that documents payment settlement terms between employer and employee(s), including payment amounts, schedules, and mutual releases.
Download
Part Payment Sale Agreement
A Pakistani law-governed agreement for sales transactions with installment payments, detailing payment terms, ownership transfer, and parties' rights and obligations.
Download
Motorcycle Payment Agreement
A Pakistani law-governed agreement establishing terms for motorcycle purchase through installment payments, including financial obligations and ownership transfer conditions.
Download
Money Received Agreement
A Pakistani law-governed agreement acknowledging receipt of funds between parties, documenting payment details and transaction terms.
Download
Lease Payment Agreement
A Pakistani law-governed agreement that establishes lease payment terms, schedules, and obligations between lessor and lessee.
Download
House Payment Agreement
A legal agreement under Pakistani law that establishes payment terms and conditions for residential property purchases, ensuring compliance with local property regulations.
Download
Final Payment Agreement Letter
A legally binding document under Pakistani law that confirms final payment terms and mutual release of obligations between parties.
Download
Entrusted Payment Agreement
A Pakistani law-governed agreement establishing an authorized payment arrangement between an entrusting party, a payment agent, and a beneficiary.
Download
Down Payment Agreement
A Pakistani law-governed agreement establishing terms and conditions for an initial payment made as part of a larger transaction.
Download
Deferred Sale Agreement
A Pakistani law-governed agreement for Shariah-compliant deferred payment sales, combining Islamic finance principles with commercial safeguards.
Download
Deferred Payment Contract
A Pakistani law-governed agreement establishing terms for deferred payment arrangements, including payment schedules, security, and default provisions.
Download
Deferment Agreement
A Pakistani law-governed agreement that formalizes the postponement or restructuring of payment obligations between creditor and debtor.
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)