Article 7:129 Dutch Civil Code, Book 7

Paragraph 1

A contract of loan for consumption (money loan) is the credit agreement whereby one party, the lender, undertakes towards the other party, the borrower, to provide a sum of money, and the borrower undertakes towards the lender to repay a corresponding sum of money.

Paragraph 2

If it has been agreed that the borrower, by a mere declaration, including a payment order, may oblige the creditor to provide the borrower with a sum of money, the money loan is formed only by that declaration.