Address 1
Address 2
Address 3
Address 4

[Date]

Dear

Reference/ Account Number:

Thank you for your letter of [date] together with your cheque for £300.00 in part payment of the debt of [amount].  As agreed by telephone today, your proposal to pay the account

by weekly instalments is acceptable only if you send 10 post dated cheques as shown below to reach us by [date].

28.02.- -          £300.00 (received)

06.03. - -         £300.00

13.03.- -          £300.00

20.03.- -          £300.00

27.03.- -          £300.00

03.04.- -          £300.00

10.04.- -          £300.00

17.04.- -          £300.00

24.04.- -          £300.00

01.05.- -          £300.00

08.05.- -          £319.89

Total                £3,319.89

If any cheque is dishonoured on first presentation for payment then the whole debt will immediately fall due for payment.

Once this debt is paid in full we will recommence supplies.  I am glad we have been able to settle this amicably.

Yours sincerely

 

Credit services Manager

Amount overdue         :           £3,319.89

Interest                        :           £

Payment terms :           X days from date of invoice

Credit limit                    :           £

Account                      :           123456