2nd reminder letter for payment

2nd Reminder Letter for Payment

Letters Kate

For many people, collecting money that is pending from the other side is a considerably challenging task. Some people shy away from asking for the money. However, this task is performed systematically in the business world by writing a letter or email to the targeted person.

What is 2nd reminder letter for payment?

This is a second letter to the debtor to remind him of the payment he was supposed to make. It is written after one reminder letter has already been sent.

In the first letter to remind the debtor about the payment, the creditor talks about the money to be collected from the recipient. In the first letter, the creditor generally tries to write the request for money in a friendly way. However, he writes a second letter when he does not receive the payment, even after making the recipient remember to pay.

What is the purpose of writing the second letter to prompt the reader?

The fundamental objective of writing every reminder letter is to let the reader know he is late fulfilling his promise. With this letter, the reader starts to realize that he is causing inconvenience to the other person. In addition, when the creditor mentions in the letter that it is a second letter, it is an indirect message to the debtor that the creditor is waiting for the payment and that he should pay as soon as possible.

Things to remember while writing:

There is generally so much pressure on the creditor to maintain his business relationship with his customers by tolerating them while asking for payment. Therefore, they need to be cautious about how they put forward their demand without ruining the relationship with the customer. Every person who has to write another letter making a demand for payment should keep the following points in mind:

Watch your tone:

The second letter to prompt the reader differs slightly from the first one. In this letter, the sender must change his tone so that the recipient can also understand that now the sender is getting annoyed.

The first letter to prompt the reader is always friendly. Likewise, the second letter is also friendly, but here, the claimant has to show that he knows his business and that collecting payment from the borrower is all he wants.

Mention that you are writing for the second time:

Some people forget to mention that they have reminded the borrower before. Due to this, many borrowers don’t take the letter seriously and often ignore it. To collect money, you must ensure that you don’t forget to mention that you have written before and now want the payment to be made. If the creditor has been given the authority to take action against the borrower if he does not pay the money even after the second letter, it will alert him, and he will immediately pay the money.

Remind about how much to pay:

Tell the reader how much he should pay, assuming that he may have forgotten the actual amount to be paid. In case a fine is imposed on the total amount due to late payment, mention it separately and then add it to the total amount in the letter.

Sample letter:

Subject: Second reminder letter for payment on [X]

Dear customer,

This letter concerns invoice No. 21255. We sent a letter to remind you to make the payment on 21st Oct 20XX; however, we have yet to hear from you. Therefore, your account is now 15 days past due, and payment of $1000 is pending.

You are our valued customer, and we expect you to remit the money to avoid any actions taken against you that can damage your credit score. If you have a genuine reason for not making the payment, you can call 42263524 and ta to us. I would be happy to arrange payment for installments from your side.

Looking forward to your response.

Regards,

Sender’s signatures

________________________

2nd reminder letter for payment

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