Such habitual lateness is against our company policy and if this goes on we will be forced to terminate your account in our company. Based on the information in the Acknowledgment slip, the bank will make the payment only through net-banking facility by visiting and entering the acknowledgement number duly generated by TIN for the statement already filled by the buyer in respect of that transaction. [A letter acknowledging an overdue payment is a formal letter written to inform an individual that the payment made by him was received. Alternatively you can contact you bank to set up a monthly transfer automatically on the 12th, which will reach us the same day. We have now removed all the penalties from your account and you can continue with your transactions. This is due immediately, including interest charges. Legal action may also be taken against you. The letter confirms receipt of documents and highlights actions to be taken as requested in the letter. Please find the receiving slip attached to this letter. Please understand that to maintain the account you have to make payment as stated. Donation Letter … Then on February 13, 2013, you were notified that until payment was made, weekly interest charges of $10 would be applied to the principal. An acknowledgment letter also referred to as a letter of receipt or a formal written notice of recognition, is a document used by businesses to formally acknowledge the receipt of something, for example, an invoice that can be used for record-keeping, a courtesy, or … Please understand that to maintain the account you have to make payment as stated. These documents are often sent when a company receives Business Letters. 3. This letter is to notify you that you are now 60 days behind payment on your store credit account with Allied Shopping. This letter is a formal acknowledgement of the final payment of my personal loan for [AMOUNT] made on [DATE]. Thank you for choosing to stay with us, we look forward to sending you even more exclusive video game coverage in the months ahead. 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. The Number 1 Letter Writing Website in the world, Last Updated On July 4, 2018 By Letter Writing Leave a Comment. Either way, the format of the letter does not change. If you have any queries or require further information. We appreciate your business. An acknowledgment letter is part of the normal day-to-day activities in the formal sector. Share This! The letter must contain all details of the customers account to avoid confusions. The following is the Email Format to be followed for a Letter of acknowledgment for payment of overdue balance. This payment is for the 30 computer workstations Home Computing Inc. received on November 1st, 2009, transaction #456533. 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 make any further transactions. We are sorry for any inconvenience caused from our part. Also, the date and time of the company receiving the … Payment Received Acknowledgement Email to Client. Acknowledgement of Receipt of Payment. Be straightforward and polite. We are writing to confirm the agreed payment terms on your mortgage as we have become concerned with late payments. In general, the acknowledgement process involves a letter drafted by the one making the delivery (you), and the person who will receive the delivery will sign the document. A timely payment will definitely prove to be a … However, a pattern has been noted wherein money under your name always enters the account late. A payment acknowledgment receipt is written to confirm the buyer that the payment has been received. In any case, it is vital that you include a letterhead so that you can assure your recipient … Kindly take care of your dates and payments in the future. Thank you for your transfer. This letter will let the person know that there has been no confusion or mix-up with the overdue payment. As it stands your current outstanding balance is $7,500, with interest charges of $75, bringing the total amount due to $7,575. In business, once you have received the payment, sending a formal acknowledgement letter to your debtor or business associate is a must. Be straightforward and polite. Furthermore I hereby confirm that I no longer require the window cleaning service, and any attempt to enter my property will be treated as trespassing. This business letter is perfect for acknowledging monetary transactions and … Thank you for the payment of ______________ (What is the Amount Received) which was overdue for last month. This amount should be enough to pay all outstanding accounts Home Computing Inc. has with Garrison Computers. Also, the date and time of the company receiving the amount are given in the letter. This may primarily be written if the customer’s behavior in this fashion is habitual. You will be pleased to know that your monthly payment of Rs. Therefore, be compassionate and make it clear to the customer that you understand. Therefore, be compassionate and make it clear to the customer that you understand. It is the letter of acknowledgment sent by the individual who is ought to receive the money on account of any purchase or official transactions. A sender, when sending a payment email, intends to inform or to remind people of the payment they need to make for a particular purchase. The following is an acknowledgment for payment of overdue balance. House Advance Payment Receipt Form Format Below briefly describe on Sample Letter of acknowledgment for Payment of Overdue Balance. To: From: SUBJECT: Overdue Balance Payment Acknowledgement for Account 66501. In the case of employee acknowledgment letters, that would be its parent company, though payment acknowledgment letters are hardly restricted to the use of companies.