Negotiable Promissory Note

Negotiable Promissory Note Template for Singapore

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

4.6 / 5

4.8 / 5

Let's create your Negotiable Promissory Note

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

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:

"I need a Negotiable Promissory Note for a business loan of SGD 500,000 with 5% annual interest, payable in monthly installments over 36 months starting from March 1, 2025, with an acceleration clause in case of default."

Document background

A Negotiable Promissory Note is a crucial financial instrument in Singapore's commercial landscape, commonly used for both business and personal transactions. This document type is specifically regulated under the Bills of Exchange Act (Chapter 23) and must meet strict legal requirements to be valid and negotiable. It serves as evidence of debt, containing an unconditional promise to pay a specific sum of money, either on demand or at a fixed/determinable future time. The note's negotiability allows it to be transferred to other parties, making it a versatile tool for financial transactions and debt management.

Suggested Sections

1. Promise to Pay: Unconditional promise to pay a specific sum, clearly stating principal amount in numbers and words

2. Payment Date: Specific date or determinable time when payment is due

3. Maker Details: Full name, address, and other identifying details of the person making the promise

4. Payee Details: Full name, address, and other identifying details of the person to whom payment is promised

5. Negotiability Statement: Clear statement that the note is negotiable and payable to the payee or order

6. Execution: Signature block, date of execution, and witnessing requirements

Optional Sections

1. Interest Rate: Terms of interest payment, including rate, calculation method, and payment frequency

2. Place of Payment: Specific location where payment should be made

3. Acceleration Clause: Conditions under which full payment becomes immediately due

4. Security Provisions: Details of any collateral or security arrangements securing the note

5. Default Provisions: Consequences of default and remedies available to the holder

Suggested Schedules

1. Payment Schedule: Detailed schedule of installment payments if not paid as a lump sum

2. Security Details: Comprehensive description of any collateral or security arrangements

3. Interest Calculation Schedule: Detailed method and examples of interest calculation if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Banking and Finance
Real Estate
Small Business
Private Lending

Relevant Teams

Finance
Treasury
Legal
Credit
Risk Management

Relevant Roles

Chief Financial Officer
Finance Director
Treasury Manager
Credit Manager
Financial Controller

��������Ƶ

How a Sales & Marketing Lead uses ��������Ƶ to reduce contract drafting time by 95%

Let's create your Negotiable Promissory Note

Authors

Alex Denne

Find the exact document you need

Unsecured Promissory Note

Trust Deed And Note

Standard Promissory Note

Secured Promissory Note

Promissory Sale And Purchase Agreement

Promissory Note Without Interest

Promissory Note With Notary

Promissory Note Seller Financing

Promissory Note Rental Payment

Promissory Note Letter For Delayed Payment

Promissory Note For Tuition Fee With Partial Payment

Promissory Note For Late Payment Of Tuition Fee

Promissory Note For Lacking Documents

Promissory Note For Delayed Payment

Promissory Note For Delayed Documents

Promissory Note For Car

Promissory Note Compound Interest

Promissory Letter For Hospital Bill

Promissory Deed

Promise Promissory Note For Hospital Bill

Note Trust Deed

Negotiable Promissory Note

Non Negotiable Promissory Note

Installment Payment Promissory Note

Hospital Bill Promissory Note

Government Promissory Note

Financial Promissory Note

Convertible Promissory Note

Bank Promissory Note

Balloon Promissory Note

Simple Note Payable Agreement

Senior Promissory Note

Promissory Note With Personal Guarantee

Promissory Note Mortgage

Promissory Note Monthly Payments

Promissory Note For Property

Payable On Demand Promissory Note

Non Recourse Promissory Note

Full Recourse Promissory Note

Promissory Note In English

Unsecured Promissory Note Lump Sum Payment

Promissory Note Signed By Borrower Only

Promissory Note For Down Payment

Letter Of Promissory Note For Tuition Fee

Partial Recourse Promissory Note

6 Month Promissory Note

Promissory Note For Partial Payment

Replacement Promissory Note

Promissory Note For Land Purchase

Forgivable Promissory Note

Amended Promissory Note

Promissory Note With Payment Schedule

Grid Promissory Note

Registered Promissory Note

Simple Promise To Pay Agreement

Promissory Note Payable

Promissory Note For Shares

Promissory Certificate

Owner Financing Promissory Note

Promissory Note Between Family Members

Non Interest Bearing Promissory Note

Intercompany Promissory Note

Simple Promissory Note No Interest

Promissory Note With Interest

No Interest Promissory Note

I Owe You Promissory Note

Equity Promissory Note

Employee Loan Promissory Note

Unsecured Convertible Promissory Note

Subordinated Promissory Note

Guarantee Promissory Note

Demand Note Payable

Commercial Promissory Note

Letter Of Credit Promissory Note

��Ƶ

How a Sales & Marketing Lead uses ��Ƶ to reduce contract drafting time by 95%

�ұ�Ծ��’s Security Promise