Are you looking for a sample of a Partial Payment Acknowledgement Letter? In this article, we provide examples of such letters that you can use and modify as needed to suit your specific situation.
Why Use a Partial Payment Acknowledgement Letter Sample?
When a customer or client makes a partial payment on an outstanding invoice or bill, it is essential to acknowledge receipt of the payment. Sending a Partial Payment Acknowledgement Letter serves several purposes:
- Confirms that you have received the partial payment
- Provides a record of the payment for both parties
- Helps maintain good communication and transparency with the payer
Example of Partial Payment Acknowledgement Letter Sample
Dear [Recipient’s Name],
This letter is to acknowledge the receipt of your recent payment of $500 towards your outstanding balance of $1,000. We appreciate your efforts to settle the amount owed and thank you for your prompt payment.
As per our records, the remaining balance on your account is now $500. Please note that this amount is due by [Due Date]. We kindly request that you settle the remaining balance at your earliest convenience to avoid any late fees or penalties.
If you have any questions or concerns regarding your account or payment, please do not hesitate to contact our customer service team at [Phone Number] or [Email Address]. We are here to assist you in any way we can.
Sincerely,
Your Name