Ƶ

Promissory Note Generator for Hong Kong

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your document

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Promissory Note

I need a promissory note for a personal loan of HKD 50,000 with a repayment period of 12 months, including a fixed interest rate of 5% per annum. The borrower should have the option to make early repayments without any penalty.

What is a Promissory Note?

A Promissory Note is a signed document where one party makes a firm promise to pay a specific amount of money to another party on a set date or on demand. In Hong Kong's business world, these notes serve as legally binding proof of debt, commonly used in commercial lending, property transactions, and trade financing.

Under Hong Kong law, these notes must clearly state the payment amount, timeline, and involved parties to be enforceable. Banks and businesses often use them alongside other security instruments, and they can be transferred to other parties through endorsement - making them valuable tools for managing cash flow and securing business deals.

When should you use a Promissory Note?

Use a Promissory Note when lending money in Hong Kong and you need a legally binding record of the debt. This formal document proves particularly valuable for business loans between companies, property down payments, or when restructuring existing debt obligations into fixed payment schedules.

Many Hong Kong businesses rely on Promissory Notes during supplier financing or when extending credit to trusted customers. They work especially well for transactions where you need more formal documentation than a verbal agreement but less complexity than a full loan contract. The note's transferable nature also makes it useful when you might need to sell or assign the debt to another party later.

What are the different types of Promissory Note?

  • Promissory Note For Payment: Basic form used for straightforward payment promises, perfect for simple business transactions
  • Promissory Agreement: More detailed version with additional terms and conditions, typically used for complex commercial arrangements
  • Secured Loan Agreement: Combines promissory elements with collateral requirements, offering extra protection for lenders
  • Employee Loan Agreement: Specialized version for employer-employee lending, including salary deduction terms

Who should typically use a Promissory Note?

  • Lenders: Banks, financial institutions, and private companies that provide loans and need legally binding proof of debt repayment
  • Business Owners: Small to medium enterprises using Promissory Notes for supplier financing or customer credit arrangements
  • Corporate Finance Officers: Professionals who manage and track these notes as part of company cash flow and debt instruments
  • Legal Counsel: Lawyers who draft, review, and enforce these notes, ensuring compliance with Hong Kong banking and commercial laws
  • Property Developers: Use these notes in real estate transactions and development project financing

How do you write a Promissory Note?

  • Basic Details: Gather full legal names and addresses of both the lender and borrower, plus the exact loan amount in HKD
  • Payment Terms: Decide on repayment schedule, interest rate, and maturity date
  • Security Details: Document any collateral or guarantees being offered as loan security
  • Default Provisions: Specify consequences of missed payments and remedies available under Hong Kong law
  • Signing Requirements: Prepare for proper witnessing and ensure all parties have valid ID for verification
  • Document Generation: Use our platform to create a legally compliant note that includes all mandatory elements

What should be included in a Promissory Note?

  • Unconditional Promise: Clear statement of absolute commitment to pay a specific sum
  • Parties' Details: Full legal names and addresses of maker (borrower) and payee (lender)
  • Payment Terms: Exact amount in HKD, payment date or schedule, and any applicable interest rate
  • Default Provisions: Consequences of non-payment and enforcement rights under Hong Kong law
  • Signature Block: Space for maker's signature, date, and witness details
  • Legal Framework: Reference to Hong Kong's Bills of Exchange Ordinance governing the note
  • Transfer Rights: Terms for assigning or transferring the note to other parties

What's the difference between a Promissory Note and a Convertible Loan Note?

A Promissory Note differs significantly from a Convertible Loan Note in both structure and purpose, though both are debt instruments commonly used in Hong Kong's business environment. While a Promissory Note represents a straightforward promise to pay a fixed sum, a Convertible Loan Note offers the additional option to convert the debt into equity shares under specific conditions.

  • Payment Terms: Promissory Notes require repayment in cash, while Convertible Loan Notes can be settled through share conversion
  • Complexity: Promissory Notes are simpler, focusing on repayment terms, while Convertible Loan Notes include detailed conversion mechanisms and valuation formulas
  • Usage Context: Promissory Notes suit standard lending situations, while Convertible Loan Notes are popular in startup funding and corporate restructuring
  • Legal Framework: Promissory Notes fall under basic contract law, while Convertible Loan Notes must also comply with Hong Kong's securities regulations

Get our Hong Kong-compliant Promissory Note:

Access for Free Now
*No sign-up required
4.6 / 5
4.8 / 5

Find the exact document you need

Senior Management Performance Review

A Hong Kong-compliant performance review template for evaluating senior management achievements, capabilities, and development areas.

find out more

Promissory Note For Late Rental Payment

A Hong Kong law-governed promissory note documenting a tenant's legally binding promise to pay outstanding rental debt to their landlord.

find out more

Formal Performance Appraisal

A Hong Kong law-compliant formal performance appraisal document establishing standardized employee evaluation procedures and documentation requirements.

find out more

Corporate PPA Renewable (Energy)

A Hong Kong law-governed agreement for corporate procurement of renewable energy, establishing terms for direct purchase from renewable energy producers.

find out more

Commercial Pro Forma Invoice

A preliminary commercial document under Hong Kong law that outlines the details of a proposed sale, including product specifications, pricing, and terms, typically used in international trade transactions.

find out more

Promissory Note For Payment

A legally binding written promise to pay a specific sum of money under Hong Kong law, creating an enforceable debt obligation between parties.

find out more

Short Form Of Contract

A concise contract template governed by Hong Kong law, designed for straightforward commercial arrangements requiring simplified but legally sound documentation.

find out more

Demand Of Delivery Letter

A formal letter under Hong Kong law demanding delivery of goods or services that are overdue or in breach of contract terms.

find out more

Loan Agreement And Mortgage

A Hong Kong law-governed agreement combining loan terms with property security arrangements through a mortgage, establishing lending conditions and security rights.

find out more

Negotiable Instrument Promissory Note

A Hong Kong law-governed financial instrument containing a written, unconditional promise to pay a specified sum of money, either on demand or at a predetermined time.

find out more

Promissory Note Guaranty

A Hong Kong law-governed guarantee securing payment obligations under a promissory note, combining personal guarantee and negotiable instrument elements.

find out more

Subordinated Loan Agreement

A Hong Kong law agreement establishing terms for a subordinated loan that ranks junior to other specified borrower indebtedness.

find out more

Interest Loan Agreement

A Hong Kong-compliant agreement establishing terms for an interest-bearing loan, including loan amount, interest rates, and repayment conditions.

find out more

Discontinuing Service Letter

A Hong Kong law-governed formal notice that communicates the termination of services, including essential details about the discontinuation process and transition arrangements.

find out more

Promissory Note For Examination Payment

A Hong Kong-governed promissory note documenting a legally binding commitment to pay for examination fees to an educational institution or examination board.

find out more

Simple Promissory Note Between Family Members

A Hong Kong-compliant promissory note template designed for formalizing loan agreements between family members, combining legal validity with family-friendly terms.

find out more

Simple Promissory Note For Personal Loan

A legally binding promise to repay a personal loan under Hong Kong law, specifying loan amount, payment terms, and interest rates.

find out more

Unsecured Loan Contract

A Hong Kong law-governed unsecured loan agreement establishing terms for lending without collateral, compliant with local lending regulations.

find out more

Promissory Note With Notary

A Hong Kong law-governed notarized financial instrument containing a written promise to pay a specific sum of money, with enhanced legal enforceability through notarial authentication.

find out more

Promissory Note Letter For Delayed Payment

A legally binding financial instrument under Hong Kong law documenting a promise to pay a specified sum at a future date, with detailed payment and interest terms.

find out more

Promissory Note For Late Payment Of Tuition Fee

A Hong Kong law-governed promissory note establishing a formal obligation to pay outstanding tuition fees to an educational institution.

find out more

Promissory Deed

A formal deed under Hong Kong law creating a binding promise to pay a specified sum of money, with enhanced enforceability compared to standard promissory notes.

find out more

Line Of Credit Letter

A Hong Kong law-governed document establishing a revolving credit facility between a financial institution and borrower, outlining facility terms and conditions.

find out more

Guarantee Of Lease Form

A Hong Kong law-governed document where a guarantor provides security to a landlord by guaranteeing a tenant's lease obligations.

find out more

Green Power Purchase Agreement

Hong Kong law-governed agreement for the sale and purchase of renewable energy, including environmental attributes and regulatory compliance requirements.

find out more

Balloon Promissory Note

A Hong Kong law-governed financial instrument documenting a loan repayment obligation with regular payments and a larger final balloon payment.

find out more

Unrestricted Letter Of Credit

A Hong Kong law-governed banking instrument that provides an irrevocable payment guarantee in international trade transactions, subject to UCP 600.

find out more

Promissory Note With Personal Guarantee

A Hong Kong law-governed financial instrument combining a promise to pay a specific sum with a personal guarantee, creating dual security through primary debt obligation and third-party guarantee.

find out more

Promissory Note With Collateral

A Hong Kong law-governed document containing a formal promise to pay a sum of money, secured by specified collateral assets.

find out more

Promissory Note Letter

A formal written promise to pay a specified sum of money under Hong Kong law, creating a legally binding debt obligation between parties.

find out more

Promissory Note For Property

A Hong Kong law-governed document containing an unconditional promise to pay a specific sum related to a property transaction, including payment terms and property details.

find out more

Promissory Loan Agreement

A Hong Kong law-governed agreement documenting a loan arrangement, including repayment terms, interest, and security provisions.

find out more

Pay Settlement Agreement

A Hong Kong law-governed agreement that formalizes payment settlements between employers and employees, setting out settlement terms and mutual releases.

find out more

Non Negotiable Letter Of Credit

A Hong Kong law-governed banking instrument that provides secure payment in international trade, with non-transferable payment rights to the beneficiary.

find out more

International Non Disclosure Agreement

Hong Kong law-governed international NDA template for protecting confidential information in cross-border business relationships.

find out more

Full Payment Agreement Of Property

A Hong Kong law-governed agreement documenting the full payment purchase of property, including all essential terms and conditions for property transfer.

find out more

Amended And Restated Promissory Note

A Hong Kong law-governed document that amends and restates an existing promissory note, consolidating all modifications and original terms into a single, comprehensive debt instrument.

find out more

Promissory Note Conversion Agreement

A Hong Kong law-governed agreement that establishes the terms for converting a promissory note into company shares, ensuring compliance with local corporate and securities regulations.

find out more

30 Day Promissory Note

A Hong Kong law-governed negotiable instrument containing an unconditional promise to pay a specified sum within 30 days.

find out more

Promissory Note For Land Purchase

A Hong Kong-compliant legal document containing a written promise to pay for land purchase, combining elements of a negotiable instrument with property transaction requirements.

find out more

Rental Notice To Vacate

A Hong Kong-compliant formal notice document used to communicate the intention to terminate a rental agreement and vacate a property.

find out more

Hospital Authorization Form

A Hong Kong-compliant legal form authorizing medical treatment and related services in healthcare facilities, incorporating consent, liability, and data protection provisions under local law.

find out more

Amended Promissory Note

A Hong Kong law-governed document that modifies an existing promissory note's terms while maintaining its enforceability under Hong Kong law.

find out more

Promissory Note Transfer Agreement

A Hong Kong law-governed agreement facilitating the legal transfer of rights and interests in a promissory note between parties.

find out more

Notary Release Form

A Hong Kong-compliant notarized document formally releasing rights or claims between parties, authenticated by a licensed Hong Kong notary public.

find out more

Purchase Order Request Form

A Hong Kong-compliant internal document used to initiate and formalize procurement requests, capturing essential purchase details and required approvals.

find out more

Promissory Note Secured By Deed Of Trust

A Hong Kong law-governed instrument combining a promise to pay with property security held in trust, creating both a payment obligation and security arrangement.

find out more

Promissory Note Purchase Agreement

A Hong Kong law-governed agreement documenting the purchase and sale of a promissory note, including transfer terms, conditions, and regulatory compliance requirements.

find out more

Personal Loan Contract With Collateral

A Hong Kong law-governed personal loan agreement with security provisions, compliant with local lending regulations and including collateral arrangements.

find out more

Short Notice Letter

A formal employment termination notice document under Hong Kong law that communicates the intention to end employment and specifies key termination details.

find out more

Shareholder Operating Agreement

A Hong Kong-governed agreement establishing shareholders' rights, obligations, and company operational framework under Hong Kong law.

find out more

Registered Agreement For Sale

A Hong Kong law-governed formal agreement documenting the terms and conditions for the sale and purchase of real property, requiring registration with the Land Registry.

find out more

Promissory Note Demand Letter

A formal demand for payment under a defaulted promissory note in Hong Kong, serving as an essential step in debt collection and potential legal proceedings.

find out more

Project Transfer Agreement

A Hong Kong law-governed agreement facilitating the transfer of a project between entities, including associated assets, rights, and obligations.

find out more

Promissory Note With Interest

A Hong Kong law-governed financial instrument containing a written promise to pay a specified sum with interest, commonly used in lending arrangements.

find out more

Joint Agreement Contract

A Hong Kong law-governed agreement establishing terms and conditions for formal collaboration between multiple parties.

find out more

Non Interest Bearing Loan Agreement

Hong Kong law-governed agreement documenting terms of an interest-free loan between parties, including principal amount and repayment conditions.

find out more

Bond Offering Memorandum

A legal document for bond issuance in Hong Kong's financial market, detailing the offering terms, issuer information, and regulatory compliance requirements.

find out more

Trust Declaration Form

A legal document establishing a trust arrangement under Hong Kong law, defining trustees, beneficiaries, and trust terms.

find out more

Promissory Note Loan Agreement

A Hong Kong law-governed agreement combining a loan contract with a promissory note, establishing loan terms and creating a negotiable instrument as debt evidence.

find out more

Pledge And Security Agreement

A Hong Kong law security document creating pledges and security interests over specified assets to secure obligations owed to a lender or security taker.

find out more

Revolving Line Of Credit Agreement

A Hong Kong law-governed agreement establishing a revolving credit facility that allows borrowers to draw down, repay, and reborrow funds up to an agreed limit.

find out more

Letter Of Permission To Travel With Grandchildren

A Hong Kong-compliant legal document authorizing grandparents to travel with minor children, including necessary permissions and travel details.

find out more

Equity Pledge Agreement

A Hong Kong law security document creating a pledge over shares as collateral for financial obligations.

find out more

Property Loan Agreement

A Hong Kong law-governed agreement setting out terms for property financing between lender and borrower, including loan terms, security, and enforcement rights.

find out more

Promissory Contract

A Hong Kong law-governed contract containing an unconditional promise to pay a specified sum of money, with defined payment terms and enforcement provisions.

find out more

Unsecured Loan Note

A Hong Kong law-governed document establishing the terms of an unsecured loan between lender and borrower, including loan amount, interest, and repayment terms.

find out more

Secure Sdlc Policy

A Hong Kong-compliant policy document establishing secure software development lifecycle requirements and controls for organizations.

find out more

Promissory Note For Personal Loan

A Hong Kong law-governed promissory note documenting a personal loan agreement with specified repayment and interest terms.

find out more

Due Diligence NDA

A Hong Kong law-governed confidentiality agreement for protecting sensitive information during due diligence investigations.

find out more

Shareholder Loan Note

A Hong Kong law-governed instrument documenting a loan from a shareholder to a company, setting out terms of borrowing, repayment, and associated rights.

find out more

Non Recourse Loan Agreement

Hong Kong law-governed loan agreement limiting lender's recourse exclusively to specified collateral assets, structured under Hong Kong's security and lending regulations.

find out more

No Interest Loan Agreement

Hong Kong law-governed agreement for providing and managing interest-free loans, including terms for disbursement, repayment, and enforcement.

find out more

Secured Loan Agreement

Hong Kong law-governed agreement establishing terms for a secured loan facility, including security arrangements and enforcement mechanisms.

find out more

Installment Payment Agreement

A Hong Kong law-governed agreement establishing terms for structured payment of a debt or purchase price through scheduled installments.

find out more

Negative Pledge Agreement

A Hong Kong law-governed agreement where a borrower commits not to create security interests over its assets without the lender's consent, commonly used in unsecured lending arrangements.

find out more

Promissory Agreement

A legally binding agreement under Hong Kong law where one party formally promises to pay a specified sum of money to another party under defined terms and conditions.

find out more

Promise To Pay Contract

A Hong Kong-governed contract documenting a formal commitment to repay a debt, including payment terms and enforcement provisions.

find out more

Employee Loan Agreement

A Hong Kong law-governed agreement establishing terms for an employer-provided loan to an employee, including repayment and security provisions.

find out more

Ltl Bill Of Lading

A Hong Kong law-governed shipping document serving as receipt and title for less than container load cargo shipments, evidencing the contract of carriage between shipper and carrier.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.