Philippines Promissory Note

This document is accurate and up to date! It was last reviewed by a lawyer in September 2024.

Philippines Promissory Note

A Promissory Note, or loan agreement, is used to record that one party promises to pay a sum of money to another party at a later date. This obligation usually results from a loan to the promising party. Creating a Promissory Note or loan agreement is often recommended for tax and record-keeping reasons. This form is also known as: loan agreement, secured loan agreement, demand note.

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Sample Philippines Promissory Note