Address 1
Address 2
Address 3
Address 4

[Date]

Dear

Reference/ Account number:

You generally pay your account promptly although lately I have noticed your payments, though regular, are consistently overdue. Is there any special reason for this? Extended credit is an overhead we both have to fight and of course prompt payment enables us to keep our costs down so that you benefit from competitive prices.

We are exercising our statutory right to claim interest and compensation for debt recovery costs under the late payment legislation, as we have not been paid according to the agreed credit terms.

Will you please send your payment for [amount] today to enable us to continue to provide you with the prompt service you rightly expect from us.

Yours sincerely,

Credit Services Manager

Amount overdue : £

Interest : £

Debt recovery costs : £

Payment terms : X days from date of invoice

Credit limit : £

Account : 123456

Address 1
Address 2
Address 3
Address 4

[Date]

Dear

Reference/ Account Number:

Court action will be the consequence of your ignoring this letter.

Despite our telephone conversations on [dates] and our letters of [dates], and your promise to pay, payment of your account has still not been received. If full payment is not received by [date] court action will be taken against you. If you allow this to happen you will incur court costs and you may forfeit your credit status because your name will be recorded by the major credit reference agencies. This may deter others from supplying you.

You are also being charged debt recovery costs and statutory interest of 8% above the reference rate (fixed for the six month period within which date the invoices became overdue) pursuant to the late payment legislation.

To stop this from happening please pay in full now or contact me to put forward your proposals.

Yours sincerely

Credit Services Manager

Amount overdue : £

Interest : £

Debt recovery costs : £

Payment terms : X days from date of invoice

Credit limit : £

Account : 123456

Address 1
Address 2
Address 3
Address 4

[Date]

Dear

Reference/ Account Number:

Have you forgotten?

Your payment of £[amount] for your [month] account has not yet been received. Is there a reason for this?

We are exercising our statutory right to claim interest and compensation for debt recovery costs under the late payment legislation, as we have not been paid according to the agreed credit terms.

Please send your payment to reach us by [date].

Thank you.

Yours Sincerely

Credit Services Manager

Amount overdue : £

Interest : £

Debt recovery costs : £

Credit Limit : X days from date of invoice

Account : 123456