A Payment Terms Contract is essential for businesses operating in Singapore that need to establish clear, legally enforceable payment arrangements. This document is particularly relevant given Singapore's position as a major financial hub and its comprehensive regulatory framework for payment services. The contract typically includes payment schedules, methods, currencies, late payment provisions, and default remedies, all aligned with Singapore's Payment Services Act 2019 and related legislation. It's commonly used in both domestic and international transactions where at least one party is based in Singapore or chooses Singapore law as the governing law.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of contracting parties and their details
2. Background: Context and purpose of the payment terms agreement
3. Definitions: Key terms used throughout the agreement including payment-related terminology
4. Payment Terms: Core payment obligations, amounts, and timeframes
5. Payment Methods: Accepted methods of payment and processing details
6. Default and Remedies: Consequences of payment default and available remedies
7. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Interest and Late Payments: Terms for interest charges and late payment penalties, applicable when credit terms are offered
2. Security: Requirements for payment security or guarantees, used for high-value contracts or new customers
3. Force Majeure: Provisions for unforeseen circumstances affecting payment, relevant for long-term payment arrangements
4. Data Protection: Handling of payment and personal data, required when processing sensitive payment information
1. Payment Schedule: Detailed breakdown of payment amounts and due dates
2. Bank Details Schedule: Banking information and payment processing details
3. Interest Rate Schedule: Detailed breakdown of applicable interest rates and calculation methods
4. Security Documents: Forms and templates for payment guarantees or security agreements
Relevant legal definitions
Agreement
Business Day
Commencement Date
Confidential Information
Default Event
Due Date
Early Payment Discount
Electronic Payment
Force Majeure Event
Interest Rate
Late Payment Fee
Notice
Outstanding Amount
Payment Currency
Payment Method
Payment Schedule
Payment Terms
Principal Amount
Relevant Bank Account
Security
Settlement Date
Taxes
Term
Working Hours
Business Day
Commencement Date
Confidential Information
Default Event
Due Date
Early Payment Discount
Electronic Payment
Force Majeure Event
Interest Rate
Late Payment Fee
Notice
Outstanding Amount
Payment Currency
Payment Method
Payment Schedule
Payment Terms
Principal Amount
Relevant Bank Account
Security
Settlement Date
Taxes
Term
Working Hours
Clauses
Interpretation
Payment Terms
Payment Methods
Payment Schedule
Interest and Late Payments
Default
Security
Currency and Exchange Rates
Bank Details
Electronic Payments
Set-off
Tax
Force Majeure
Confidentiality
Data Protection
Notices
Assignment
Variation
Severability
Entire Agreement
Third Party Rights
Dispute Resolution
Governing Law
Jurisdiction
Payment Terms
Payment Methods
Payment Schedule
Interest and Late Payments
Default
Security
Currency and Exchange Rates
Bank Details
Electronic Payments
Set-off
Tax
Force Majeure
Confidentiality
Data Protection
Notices
Assignment
Variation
Severability
Entire Agreement
Third Party Rights
Dispute Resolution
Governing Law
Jurisdiction
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Freelance Payment Contract
A Singapore-law governed contract defining payment terms and conditions between clients and freelancers.
find out more
Undertaking Letter For Commission Payment
A Singapore law-governed undertaking letter that commits to specific commission payments, outlining terms and conditions between parties.
find out more
Tripartite Agreement For Third Party Payment
A Singapore-law governed agreement establishing terms for a third party to make payments on behalf of a debtor to a creditor.
find out more
Settlement Agreement Payment Terms
A Singapore law-governed document specifying the terms and conditions for settlement payments between parties to resolve a dispute.
find out more
Royalty Agreement Form
A Singapore-law governed agreement establishing terms for intellectual property licensing and royalty payments.
find out more
Recurring Payment Agreement
A Singapore-law governed agreement establishing terms for automated regular payments between parties, compliant with local payment services and consumer protection regulations.
find out more
Rental Agreement Advance Payment
A Singapore-compliant legal document governing advance rental payments between landlord and tenant, including payment terms and conditions.
find out more
Personal Loan Repayment Agreement
A legally binding agreement under Singapore law that establishes terms for personal loan repayment, including loan amount, interest, and payment schedule.
find out more
Payment Plan Letter To Debtor
A Singapore-compliant formal agreement establishing structured repayment terms for outstanding debt.
find out more
Payment For Non Compete Agreement
A Singapore-governed agreement providing payment in exchange for post-employment non-compete restrictions.
find out more
Payment For Contract
A Singapore-law governed agreement establishing payment terms and conditions for contractual obligations.
find out more
Pay Off Agreement
A Singapore-law governed agreement detailing terms and conditions for debt settlement, including payment schedule and release provisions.
find out more
Pay Back Contract
A legally binding agreement under Singapore law that establishes terms for the repayment of funds between parties.
find out more
Partial Payment Agreement For Lot
A Singapore-governed agreement establishing terms for purchasing a lot through structured partial payments, detailing payment schedule and parties' obligations.
find out more
Partial Payment Agreement For House And Lot
A Singapore-compliant agreement outlining terms for purchasing property through structured partial payments.
find out more
Loan Repayment Agreement Letter
A Singapore-compliant agreement outlining loan repayment terms and conditions between lender and borrower.
find out more
Non Payment Agreement
A Singapore-law governed agreement that formally documents terms and conditions for the non-payment or modification of financial obligations between parties.
find out more
Lot Payment Agreement
A Singapore-governed agreement establishing terms and payment schedule for purchasing a lot of land or property.
find out more
Land Payment Agreement Letter
A formal document used in Singapore that specifies payment terms and conditions for land acquisition transactions.
find out more
Install Agreement
A Singapore law-governed agreement defining terms and conditions for equipment or system installation services.
find out more
Independent Contractor Payment Agreement
A Singapore-law governed agreement setting payment terms between companies and independent contractors, establishing service scope and compensation structure.
find out more
Final Payment Agreement
A Singapore-law governed agreement that documents final payment terms and mutual releases between parties, concluding a contractual relationship.
find out more
Employee Repayment Agreement Letter
A Singapore-compliant document establishing terms for employee repayment of costs to their employer.
find out more
Down Payment Contract
A Singapore-compliant legal agreement establishing terms and conditions for an advance partial payment in a purchase transaction.
find out more
Delayed Payment Agreement
A Singapore law-governed agreement that restructures existing debt payment terms between creditor and debtor.
find out more
Commitment Letter To Pay Debt
A legally binding commitment under Singapore law to pay an acknowledged debt according to agreed terms.
find out more
Commission Payment Agreement
A Singapore-law governed agreement establishing terms for commission-based compensation between parties, including payment terms and performance requirements.
find out more
Car Payment Agreement Between Two Parties
A Singapore-law governed agreement establishing payment terms and conditions between two parties for vehicle purchase.
find out more
Billing Agent Agreement
A Singapore-law governed agreement establishing terms for billing and collection services between a billing agent and principal.
find out more
Arrears Repayment Agreement
A Singapore-compliant agreement establishing terms for repayment of outstanding debts in arrears.
find out more
Agreement To Pay Rent Arrears
A Singapore-compliant agreement establishing terms for repayment of outstanding rent between landlord and tenant.
find out more
Agreement Letter For Receiving Money
A Singapore-law governed agreement letter acknowledging and setting terms for the receipt of money between parties.
find out more
Agreement For Cash Payment
A Singapore-law governed agreement establishing terms for monetary transactions between parties, including payment schedules and compliance requirements.
find out more
Accident Payment Agreement Letter
A Singapore-compliant legal document outlining accident compensation terms and payment agreements between involved parties.
find out more
Advance Payment Contract
A Singapore law-governed agreement establishing terms for payments made in advance of goods or services delivery.
find out more
Advance Payment Agreement
A Singapore law-governed agreement establishing terms and conditions for advance payments between parties, including security arrangements and refund mechanisms.
find out more
Third Party Payment Contract
A Singapore law-governed contract establishing terms for third party payment arrangements between a payor, debtor, and creditor.
find out more
Tenancy Agreement Payment
A Singapore-compliant agreement outlining rental payment terms between landlord and tenant.
find out more
Sale Payment Agreement
A Singapore-law governed agreement establishing payment terms and conditions for sales transactions.
find out more
Prepayment Agreement
A Singapore law-governed agreement establishing terms for advance payment arrangements between parties.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s 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
.png)
.png)