Here is sample final payment reminder letter. A copy may be required if the business needs to take legal action against the person who owes payment.
Final Payment Reminder Email Sample
Subject: Final reminder for late payment
Dear Name of Person
Outstanding account: $5,000
Charges for late payment: $50
Charges of interest: $500
Outstanding due: $5550
Kindly reference the letters I sent to you dated DATE and DATE requesting that you pay the amount owed on account number NUMBER. This payment is overdue for two months. Because of the delay in payment, we have no choice but to charge you a late fee and interest payments making the total owed $5550.
If we do not receive payment in full including fees and interest by the end of this month, we will regrettably have to ask our debt recovery agency for help. If the debt recovery agency fails to recover the amount in full, we will be forced to cancel your account.
Please regard this matter with the utmost urgency and make the payment to settle the account.
If the payment has already been sent, please disregard this letter.
Printed Name of Sender
List of attachments
By Andre Bradley