The 90 Day Promissory Note is a crucial financial instrument used for short-term financing needs in German business transactions. It serves as a formal acknowledgment of debt and a promise to pay, commonly used in commercial transactions, business financing, and trade operations. The document, governed by German law, particularly the Wechselgesetz and BGB, must contain specific mandatory elements to be legally valid. It's especially useful for businesses requiring short-term working capital, trade financing, or bridging temporary funding gaps. The note can be used as a negotiable instrument in certain circumstances, allowing for potential transfer or use as collateral. German jurisdiction provides a well-established legal framework for enforcement, making it a reliable instrument for creditors while offering clear obligations and protections for all parties involved.

1. Note Information: Date of issuance and place of execution of the promissory note

2. Promise to Pay: Unconditional promise to pay a specific sum, including the amount in both numbers and words

3. Payment Terms: Maturity date (90 days from issuance), place of payment, and payment method

4. Maker Details: Full legal name, address, and signature of the person/entity making the promise to pay

5. Payee Details: Full legal name and address of the person/entity to whom payment is to be made

6. Interest Rate: Specification of any applicable interest rate and calculation method