An IOU is an IOU that is written to a person or a public person when they borrow cash or goods from the other party. After the money and property are returned, the slip maker takes back the slip, which is invalid or torn. It is a voucher instrument. It is often used in daily life as well as in terms of business or business needs.
The regulated IOU should have the following: the full legal names of the borrower and the lender; the amount borrowed, both uppercase and lowercase; The term of the loan, including the start and end date of the loan and the clear term of the loan; the specific date of repayment; The interest on the loan should have a clear annual or monthly interest rate, the total amount of interest payable in the end, etc. If there is a penalty interest for overdue, it must also be clearly written; the date, date, time and method of repayment of the principal and interest of the loan; If the person is ***, the full name and ID number of the guarantor should be indicated, as well as the responsibilities of the guarantor; Indicate the method of lending the IOU, i.e. in cash or by bank transfer.
The following is a sample IOU of the specification:
IOUs. Borrower's ID number: borrowed RMB (capital: yuan) at the lender on the date of year, month, and day. The term of the loan is from YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY
The repayment plan is as follows:
1.The borrower shall repay all the principal amount of the loan (capital: yuan) and interest (capital: yuan) before the date of xx-xx-xx.
2.If the borrower fails to repay all the principal and interest of the loan on time, the borrower shall pay the overdue penalty interest according to the total amount of the overdue principal and interest, and the penalty interest rate shall be
3.Guarantor ID Number: Bear joint and several guarantee liability for the above debts of the borrower. The guarantee period is two years from the date of expiration of the loan term.
In case of disputes, they should be settled through friendly negotiation; If the negotiation fails, it shall be submitted to the agreed arbitration institution) for arbitration.
This IOU shall be effective from the date of signature or seal.
Lender (signature and seal):
Identification number:
Contact**: Date: YYYYYYYYYYYYYYYYYYYYYYYYYY
Borrower (signature and seal):
Identification number:
Contact**: Date: YYYYYYYYYYYYYYYYYYYYYYYYYY
Guarantor (signature and seal):
Identification number:
Contact**: Date: YYYYYYYYYYYYYYYYYYYYYYYYYY