Letter of acknowledgement for payment of overdue balance, sample
This type of letter is normally sent when a customer or client requests an acknowledgement of a payment that they have made. Sometimes companies send them to confirm to their customer that they have received the payment and they have therefore reinstated the service, account etc. The letters normally:
1. Express to the customer that the company has received the payment.
2. Explain the status of the account where applicable and remind the customer of the terms for future credit.
3. Express a desire to continue doing business with the customer.
Ms Sara Rin
25 Trueman Travel Street
Dear Ms Sara Rin,
Re: Overdue Balance Payment Acknowledgement for Account #123456789
I am writing to acknowledge receiving your online deposit into our bank account of $500 as the final payment on account. Thank you very much for remitting this overdue balance. We have now removed all restrictions on your account.
Please note that in order to maintain a line of credit; you need to make sure that you make your monthly payments by the date shown on each billing. Please take careful note of our continuing policy to charge a 7% penalty on overdue accounts. To avoid additional penalties, please adhere to the payment schedule in your contract.
We trust that we can avoid this difficulty in the future and hope to be able to serve your needs for many years to come.
If you have any further questions regarding your account, our conditions of credit, or any of the services we offer, please call us on the number shown above. We value our association with you.
We look forward to serving you again in the future.