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Offer to conclude Loan Agreement
The Offer to conclude a loan Agreement is a document that is automatically registered as a contract in the WebMoney Transfer Arbitration service when setting a trust limit in the Debt service.
An example of the document appears below.
OFFER to conclude a loan Agreement¶
2011-03-16
I. I, owner WMID XXXXXXXXXXXX, hereby offer owner of WMID YYYYYYYYYYYY (the Debtor) to conclude a Loan Agreement in accordance with Terms of Use and procedures for performing transactions in the Debt Service of WebMoney Transfer System on the following conditions:
Loan amount - 10 title units of WMZ type.
Loan period - 10 days since the date when loan receive.
Interest rate - 2.0000% per days.
Repayment intervals - at the end of period
Lending from purse – ZXXXXXXXXXXXX
II. Loan is given on condition that the Debtor guarantees its repayment by placing promissory notes in Paymer format; the amount is to be calculated in accordance with the given offer and procedures for performing transactions in the Debt Service of WebMoney Transfer System.
III. The Offer comes into force starting from the moment of its accepting and up to its recalling or signing Loan Agreement.