Notice Of Assignment Of Accounts Receivable

Notice Of Assignment Of Accounts Receivable Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Notice Of Assignment Of Accounts Receivable

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Notice of Assignment of Accounts Receivable for a Singapore manufacturing company assigning $2.5M worth of receivables to ABC Bank Ltd, with the assignment to take effect from March 15, 2025, and including special provisions for partial payments."

Document background

The Notice Of Assignment Of Accounts Receivable is a crucial document in Singapore's commercial landscape, particularly in factoring and financing arrangements. It serves as formal notification to debtors when their payment obligations are transferred to a new party. This document is essential for establishing the legal effectiveness of the assignment and ensuring the assignee's rights are protected under Singapore law. It includes specific details about the assigned receivables, payment instructions, and relevant contact information, making it a vital tool in receivables financing, debt trading, and corporate restructuring.

Suggested Sections

1. Date and Parties: Date of notice and identification of assignor and assignee with full legal names and addresses

2. Notice Statement: Clear statement that this is a notice of assignment of accounts receivable

3. Description of Receivables: Specific identification of the accounts receivable being assigned, including reference to original contracts or invoices

4. Assignment Details: Date of assignment and reference to the assignment agreement

5. Payment Instructions: New payment details and instructions for the debtor regarding future payments

Optional Sections

1. Acknowledgment Request: Request for debtor to acknowledge receipt of notice, including signature block and return instructions

2. Contact Information: Detailed contact information for queries about the assignment or payment procedures

3. Prior Notice Reference: Reference to any previous notices or assignments affecting the same receivables

Suggested Schedules

1. Schedule of Receivables: Detailed list of assigned receivables including invoice numbers, amounts, due dates, and other relevant details

2. Copy of Assignment Agreement: Attachment of the underlying assignment agreement (if appropriate to share with debtor)

3. Payment Instructions Schedule: Detailed banking and payment information including account numbers, bank details, and payment procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services
Manufacturing
Trading Companies
Factoring Companies

Relevant Teams

Finance
Legal
Treasury
Accounts Receivable

Relevant Roles

Chief Financial Officer
Finance Director
Credit Manager
Treasury Manager
Accounts Receivable Manager
Legal Counsel

tiktok���˰�

How a Sales & Marketing Lead uses tiktok���˰� to reduce contract drafting time by 95%

Let's create your Notice Of Assignment Of Accounts Receivable

Authors

Alex Denne

Find the exact document you need

Current Account Agreement

Checking Account Agreement

Pledged Collateral Account Control Agreement

Bank Deposit Agreement

Bank Account Control Agreement

Collateral Account Agreement

Account Control Agreement Collateral

Checking Agreement

Client Account Agreement

Trust Account Agreement

Letter Of Authorization To Debit Account

Cash Account Management Agreement

Time Deposit Agreement

Notice Of Assignment Of Accounts Receivable

Blocked Account Control Agreement

Savings Account Agreement

Margin Agreement

Blocked Account Agreement

Bank Account Agreement

Securities Account Control Agreement

Account Management Agreement

Joint Account Agreement

Account Pledge Agreement

Account Opening Agreement

Certificate Of Deposit Agreement

Account Receivable Purchase Agreement

Accounts Receivable Assignment Agreement

Deed Of Assignment Of Shares Of Stock

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Use Cases

tiktok��˰�

How a Sales & Marketing Lead uses tiktok��˰� to reduce contract drafting time by 95%

�ұ�Ծ��’s Security Promise