Payment Reminder for Goods and Services

Acknowledgement of Partial Payment and Extension

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Description:

Acknowledgement of partial payment and request for extension. Offer to customer pay by instalment.

Thank you for your payment of [PAYMENT]. The balance on your account is [AMOUNT], which is now due.

Since you have requested for an extension, we offer you the following payment plan on the balance amount - [INSTALMENT] by 1st of the month for the next [NUMBER] of months.

Should you have any questions or queries, please do not hesitate to contact us. Otherwise we look forward to receiving your prompt payment of the first instalment before [DATE].

How to use this Document? 

This document is a Refusal of credit to a new customer seeking credit / open account on goods / products.

The information about the credit, including the date, relevant goods and the company should be clearly stated in the letter. 

How to Tailor the Document for Your Need?

  1. Create Document:Click “Create Document” button and the document will be prepared with your account details automatically filled in.
  2. Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the “Next” button.
  3. When you are done, click the “Get Document” button and you can download the document inWord or PDF format.
  4. Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.
Document Type:

Letter / e-mail / note / correspondence

Category:

Business > Goods and Services > Credit / Invoice / Payment / Demand Letter

 
Keywords:

acknowledgement

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partial payment

,  

instalment

,  

payment extension

,  

payment

,  

extend

,  

credit

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,  
Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.

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