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Bank Promissory Note
"I need a Swiss-law Bank Promissory Note for CHF 2 million payable by our company (Swiss Manufacturing AG) to Credit Suisse, with a single payment due on March 15, 2025, including standard default interest provisions."
1. Note Details: Essential information including note number, date of issuance, and place of issuance
2. Unconditional Promise to Pay: Clear statement of the unconditional promise to pay a specific sum, as required by Swiss law
3. Payment Terms: Specific amount, currency, and date(s) of payment
4. Payee Information: Full legal name and details of the payee (beneficiary bank)
5. Maker Information: Full legal name and details of the maker (issuer) of the promissory note
6. Place of Payment: Specified location where payment must be made
7. Governing Law: Statement confirming Swiss law governance and jurisdiction
8. Signature Block: Space for authorized signature(s) of the maker with date
1. Transfer Rights: Section specifying whether and how the note can be transferred or negotiated, used when the note is intended to be negotiable
2. Interest Provisions: Details of interest calculations and payments, included when the note bears interest
3. Default Provisions: Specific consequences of default, included when additional default terms beyond statutory provisions are required
4. Security Details: Information about any collateral or security, used when the note is secured
5. Multiple Drawing Provisions: Terms for multiple drawings under the note, used for revolving facilities
6. International Payment Instructions: Additional payment details for international transactions, included for cross-border notes
1. Payment Schedule: Detailed schedule of installment payments, if applicable
2. Interest Calculation Schedule: Detailed breakdown of interest calculation methodology and examples
3. Security Documentation: Details of any security or collateral arrangements
4. Signing Authority Documentation: Evidence of authority to sign the promissory note
5. Bank Account Details: Complete payment instructions and bank account information
Authors
Banking
Financial Services
Corporate Finance
Investment Banking
Asset Management
Treasury Services
Private Banking
Commercial Banking
International Trade Finance
Wealth Management
Legal
Finance
Treasury
Corporate Banking
Risk Management
Compliance
Credit Administration
Transaction Banking
Operations
Trade Finance
Chief Financial Officer
Treasury Manager
Finance Director
Banking Relationship Manager
Corporate Finance Manager
Legal Counsel
Compliance Officer
Credit Risk Manager
Transaction Banking Officer
Financial Controller
Banking Operations Manager
Senior Corporate Banker
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