Acknowledgement Receipt For Loan Payment Template for Germany

The Acknowledgement Receipt For Loan Payment is a crucial document in German lending practices, required under the German Civil Code (BGB) to provide formal confirmation of loan payments received. This document is essential whenever a debtor makes a payment towards a loan, whether partial or full settlement, and serves multiple purposes: it provides legal proof of payment, helps maintain accurate loan records, and satisfies regulatory requirements for financial documentation. The receipt must comply with German legal standards, particularly BGB § 368, which mandates creditors to provide proper payment documentation. It's commonly used in both private and commercial lending scenarios, from simple personal loans to complex corporate financing arrangements. The document becomes particularly important for tax documentation, audit trails, and potential dispute resolution.

1. Header Information: Date, location, and document reference number

2. Parties Identification: Full legal names and addresses of both the creditor and debtor

3. Loan Reference: Details of the original loan agreement including date and reference number

4. Payment Confirmation: Specific amount received, currency, date of receipt, and payment method

5. Outstanding Balance: Confirmation of remaining balance if any, or confirmation of full payment

6. Legal Declaration: Formal acknowledgment statement confirming receipt of payment

7. Signatures: Creditor's signature, name, and date of signing