Credit advice

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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