Retail Installment Sales Contract Template for Switzerland

The Retail Installment Sales Contract is essential for businesses operating in Switzerland that offer consumers the option to purchase goods through installment payments. This document type is specifically designed to comply with Swiss legal requirements, including the Swiss Code of Obligations (OR) Articles 226a-228 and the Consumer Credit Act (KKG). It enables retailers to structure legally compliant installment sales while protecting both the seller's interests and consumer rights. The contract is particularly relevant for high-value consumer goods where customers prefer spreading payments over time. It must include mandatory disclosures about interest rates, total costs, and consumer rights as required by Swiss law, making it a crucial document for retail operations in Switzerland.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and any registration numbers

2. Background: Brief context of the sale and purpose of the agreement

3. Definitions: Key terms used throughout the contract

4. Product Description: Detailed description of the goods being sold, including specifications, condition, and serial numbers if applicable

5. Purchase Price and Payment Terms: Total purchase price, down payment, number of installments, amount of each installment, and payment schedule

6. Interest Rate and Total Cost: Annual interest rate, calculation method, and total cost including all charges as required by Swiss Consumer Credit Act

7. Delivery and Transfer of Ownership: Delivery terms, retention of title provisions, and conditions for transfer of ownership

8. Rights of Withdrawal: Consumer's right to withdraw from the contract within the statutory cooling-off period

9. Default and Consequences: Conditions constituting default and consequences, including collection procedures and acceleration rights

10. Warranties and Representations: Product warranties and statutory consumer rights

11. Termination: Grounds for termination and associated procedures

12. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction