Acknowledgement for Payment of Overdue Balance
Included:IntroductionAcknowledgement for Payment of Overdue Balance TipsSample Acknowledgement for Payment of Overdue BalanceAcknowledgement for Payment of Overdue Balance TemplateAcknowledgement for Payment of Overdue IntroductionA letter acknowledging an overdue payment is a formal letter written to inform an individual that the payment was made by him after it being past its due date has been received successfully. Such letters are basically acknowledgment letters that let the person know there has been no confusion or mix-up with the overdue payment. Such letters may also attempt to make the person understand that letting payments turn overdue is not right as it puts the company in a loss and also wastes time. This may especially be written if the customer’s behavior in this fashion is habitual.Acknowledgement for Payment of Overdue Balance TipsSome tips to write a good acknowledgment letter:Always understand that unless it’s a habit with the customer, there can always have been some emergency that might have thwarted the individual from paying the money. Therefore, be compassionate and make it clear to the customer that you understand.At the same time, try to make the customer understand that this isn’t the way in which a company is run and that sometimes even the customers have some duties which they have to accomplish—of which paying up on time is one.Sample Acknowledgement for Payment of Overdue BalanceFrom,_________________Date-To,________________Subject: Payment receivedDear Mr./Ms.______,You will be pleased to know that your monthly payment of Rs. 8,000 has successfully reached your account in our bank and that the proceedings on your account are now being carried out regularly as before. However, you must realize that the date for payment was 7th of July and not the 18th of July. This delay in payment has caused the company some inconvenience and we therefore request you to kindly refrain from paying up at the last minute or after in the future.We understand that there may have been a problem and other circumstances. However, a pattern has been noted wherein money under your name always enters the account late. Such habitual lateness is against our company policy and if this goes on, we will be forced to terminate your account in our company.We are sorry for any inconvenience caused on our part. Kindly take care of your dates and payments in the future,Regards,_______ [Name and designation]Acknowledgement for Payment of Overdue Balance TemplateFrom, __________ ______________________________Date: _____ (Date on Which Letter is Written)To, __________ __________ ____________________Subject: Overdue Balance Payment Acknowledgement for Account _____________ (What is the Account Number for Which Payment Has Been Received)Dear _____(Sir or Madam),Thank you for the payment of ______________ (What is the Amount Received) which was overdue for last month. Please make sure to make the payment during the 1st week of the every month to avoid late fees and other penalties .We have now removed all the restrictions of your account and you can make continue with your transactions.Please understand to maintain the account you have to make payment as stated. If we don’t receive a payment or if the same is repeated, we will be forced to block your account as per the contract and you will not be able to do further transaction.We trust that this will be taken care and we can serve you better without any difficulty.We appreciate your business. If you have any queries and require further information please call our customer care number at ____________ (What is the Customer Care Number of Your Business)We look forward to serving you againThanking YouYours truly,Name and SignatureDisclaimerThe author and publisher of this Ebook and the accompanying materials have used their best efforts in preparing this Ebook. The author and publisher make no representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of this Ebook. The information contained in this Ebook is strictly for educational purposes. Therefore, if you wish to apply ideas contained in this Ebook, you are taking full responsibility for your actions.The author and publisher disclaim any warranties (express or implied), merchantability, or fitness for any particular purpose. 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