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The Simple Payment Agreement Letter is a commonly used document in Swiss business and financial transactions when parties need to formalize payment obligations in a clear and legally binding manner. This document type is particularly useful when establishing payment terms for business transactions, settling debts, or structuring installment payments. It combines the simplicity of a letter format with the legal requirements of Swiss contract law, specifically adhering to the Swiss Code of Obligations. The document typically includes essential details such as payment amounts, schedules, interest rates if applicable, and consequences of default. While less complex than full-scale contracts, it provides sufficient legal protection for both parties and is commonly used in both business-to-business and business-to-individual contexts.

1. Date and Address Block: Current date and complete contact details of both parties

2. Subject Line: Clear indication that this is a Payment Agreement Letter

3. Opening Salutation: Formal greeting to the recipient

4. Amount and Obligation: Clear statement of the total amount owed and acknowledgment of the debt

5. Payment Terms: Detailed payment schedule, including amounts, due dates, and payment method

6. Interest Rate: Any applicable interest rates in accordance with Swiss law

7. Default Provisions: Consequences of missing payments and applicable remedies

8. Closing: Formal closing statement requesting confirmation

9. Signature Blocks: Space for signatures of both parties with full names and titles