Miro Bank

Promissory note is a document through which a certain person named “issuer” is obliged to pay to another person, the beneficiary, a certain amount of money, at the note’s term.

The essential elements of a promissory note are:

  • the sum
  • the term (the payment moment)
  • the place of the payment
  • the orderer’s name
  • the beneficiary’s name and address
  • date and place of issue
  • the signature, and the stamp when it’s needed.