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Letter informing a debtor that contractual interest will be charged

Address 1
Address 2
Address 3
Address 4

[Date]

Dear

Reference/ Account Number:

Balance Due: £

I note that I have not heard from you in reply to our recent statements and my previous letter dated [ ]. I also note that no queries have been raised on your account so the balance remaining must be undisputed.

In these circumstances I must ask you to send me by return of post your remittance for the outstanding balance shown above. If I do not hear from you as requested then I will have no alternative but to apply interest to that balance at the rate of [ ]% per annum as prescribed by our Conditions of Sale.

Yours sincerely,

Credit Manager

 
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