tiktok成人版

Account Pledge Agreement for Singapore

Account Pledge Agreement Template for Singapore

An Account Pledge Agreement under Singapore law is a security document that creates a pledge over bank accounts as collateral for secured obligations. The agreement is governed by Singapore law and must comply with the Securities and Futures Act, Companies Act, and relevant MAS regulations. It establishes the pledgee's security interest over the pledged accounts, includes perfection requirements, and sets out enforcement mechanisms in case of default.

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

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Account Pledge Agreement?

The Account Pledge Agreement is a crucial security document used in Singapore financing transactions where bank accounts serve as collateral. It is commonly used in corporate financing, project finance, and other secured lending arrangements. The agreement must comply with Singapore security and banking regulations, including registration requirements under the Companies Act where applicable. It typically includes detailed provisions on account operation, enforcement rights, and required notices to account banks.

What sections should be included in a Account Pledge Agreement?

1. Parties: Identification of pledgor, pledgee, and any other relevant parties

2. Background: Context of the pledge arrangement and underlying relationship

3. Definitions and Interpretation: Key terms used in the agreement including 'Pledged Account', 'Secured Obligations'

4. Creation of Pledge: Legal provisions establishing the security interest over the account

5. Perfection Requirements: Steps required to perfect the security interest

6. Representations and Warranties: Standard pledgor representations regarding authority, ownership, and no encumbrances

7. Covenants: Ongoing obligations of the pledgor regarding the account

8. Events of Default: Circumstances triggering enforcement rights

9. Enforcement: Rights and procedures for enforcing the security

What sections are optional to include in a Account Pledge Agreement?

1. Account Bank Provisions: Specific provisions relating to the account bank's rights and obligations when account bank is party to the agreement

2. Interest Provisions: Treatment of interest earned on the account when interest-bearing accounts are pledged

3. Currency Provisions: Handling of multiple currencies when account contains multiple currencies

What schedules should be included in a Account Pledge Agreement?

1. Account Details Schedule: Details of pledged accounts including account numbers and banks

2. Form of Notice to Account Bank: Template notice to be sent to account bank regarding the pledge

3. Form of Acknowledgment: Template acknowledgment to be signed by account bank

4. Powers of Attorney: Form of power of attorney for enforcement purposes

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Singapore

Document Type

Account Agreement

Sector

Banking

Cost

Free to use

Find the exact document you need

Current Account Agreement

A Singapore-law governed agreement establishing terms for operating a current account between a bank and account holder.

Download

Checking Account Agreement

A Singapore-compliant legal agreement establishing terms and conditions for operating a checking account between a bank and account holder.

Download

Pledged Collateral Account Control Agreement

A Singapore law agreement establishing control over a pledged account as collateral security between an account bank, secured party, and account holder.

Download

Bank Deposit Agreement

A Singapore-law governed agreement establishing terms and conditions between a bank and depositor for deposit account services.

Download

Bank Account Control Agreement

A Singapore law-governed tripartite agreement establishing control over bank accounts in secured financing arrangements.

Download

Collateral Account Agreement

A Singapore law agreement establishing security over bank accounts and their contents, governing rights and control mechanisms between parties.

Download

Account Control Agreement Collateral

A Singapore law-governed tripartite agreement establishing control over bank accounts as collateral security.

Download

Checking Agreement

A Singapore law-governed agreement establishing terms and conditions for operating a checking account between a bank and account holder.

Download

Client Account Agreement

A Singapore-law governed agreement establishing terms and conditions for client accounts with financial institutions.

Download

Trust Account Agreement

A Singapore-law governed agreement establishing terms for managing trust assets in a designated account, compliant with local trust and banking regulations.

Download

Letter Of Authorization To Debit Account

A Singapore-compliant authorization document allowing automatic debits from a specified bank account.

Download

Cash Account Management Agreement

A Singapore-law governed agreement establishing terms for cash account management between financial institutions and clients.

Download

Time Deposit Agreement

A Singapore-law governed agreement establishing terms for a fixed-term deposit between a financial institution and depositor.

Download

Notice Of Assignment Of Accounts Receivable

A Singapore-compliant notice informing debtors of the transfer of accounts receivable rights from assignor to assignee.

Download

Blocked Account Control Agreement

A Singapore law-governed agreement establishing control over a bank account for security purposes.

Download

Savings Account Agreement

A Singapore-law governed agreement establishing terms and conditions for operating a savings account between a bank and account holder.

Download

Margin Agreement

A Singapore-law governed agreement establishing terms for margin trading and collateral requirements between financial institutions and clients.

Download

Blocked Account Agreement

A Singapore law-governed agreement establishing and regulating a restricted bank account with specified release conditions.

Download

Bank Account Agreement

A Singapore-law governed agreement establishing terms and conditions between a bank and account holder for the operation of bank accounts and related services.

Download

Securities Account Control Agreement

A Singapore law-governed agreement establishing control rights over a securities account as collateral between a secured party, account holder, and securities intermediary.

Download

Account Management Agreement

A Singapore-law governed agreement setting out terms for professional account management services, compliant with MAS regulations.

Download

Joint Account Agreement

A Singapore-law governed agreement establishing terms for operating a shared bank account between multiple account holders.

Download

Account Pledge Agreement

A Singapore law-governed agreement creating security over bank accounts as collateral for secured obligations.

Download

Account Opening Agreement

A Singapore-law governed agreement establishing the terms and conditions for opening and maintaining a bank account, compliant with MAS regulations.

Download

Certificate Of Deposit Agreement

A Singapore-law governed agreement establishing terms for a fixed-term deposit between a financial institution and depositor.

Download

Account Receivable Purchase Agreement

A Singapore-law agreement enabling the sale and transfer of accounts receivable between parties, typically used for financing purposes.

Download

Accounts Receivable Assignment Agreement

A Singapore law agreement governing the transfer of accounts receivable from one party to another.

Download

Deed Of Assignment Of Shares Of Stock

A Singapore law-governed deed that formally transfers share ownership from one party to another.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 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