Issue
Created digitally with the promise to pay, parties and maturity recorded.
Create, transfer, finance and settle promissory notes through a controlled digital process, built on established negotiable-instrument law.
A digital promissory note is a promissory note created, transferred and managed as an electronic record rather than on paper. It keeps the legal characteristics the instrument has always had: a clear promise to pay, an identifiable party who owes the amount, a fixed maturity, and the ability to be transferred and financed.
At ETR Digital, digital promissory notes sit within a wider category of digital negotiable instruments we call Working Capital Notes™. The instrument is familiar. The execution is modern.
Created digitally with the promise to pay, parties and maturity recorded.
Ownership passes electronically in a verifiable chain of title.
A funder can finance the note for earlier liquidity.
The party who owes settles with the holder and the record closes.
Aligned with the UNCITRAL Model Law and UK Electronic Trade Documents Act 2023.
Protected by a single authoritative record, tamper-evident controls, verified ownership and secure transfer.
API-first and platform-agnostic, designed to integrate with existing treasury and ERP workflows.
If you are considering how promissory notes could work as digital instruments in your working-capital programme, we would be glad to walk you through it.
A promissory note is a simple thing: a written promise to pay a defined amount by a defined date. The instrument is well understood and widely enforceable. The way it is handled is where the cost hides.
Paper notes have to be drafted, signed, delivered and safeguarded. Transferring one means physical endorsement and handover. Confirming that a note is genuine, unique and legally sound takes time, and financing it means a provider must satisfy themselves on all of that before releasing funds.
For a treasury or trade-finance team trying to release liquidity quickly, that manual layer is increasingly difficult to defend.
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A faster way to mobilise promissory notes without the paper and handling overhead.
Instruments with verifiable ownership, clear provenance and richer lifecycle data.
A digital process that preserves the legal standing of the note while removing manual work.
A practical route to releasing liquidity tied up in agreed payment promises.
A digital promissory note is not a new financial product. Set against a paper note, it removes physical handling, speeds up transfer and verification, and gives a continuous audit trail. Set against approaches such as receivables finance or approved payables programmes, it offers the specific legal characteristics of a negotiable instrument, including transferability and defined holder rights.
The right approach depends on the counterparties, the jurisdiction and the goal.