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A late payment is an amount of money a borrower sends to a lender or service provider that arrives after the date that the payment was due or after a grace period for the payment has passed.
Include as many details as you can regarding the payment, such as the invoice number and amount. As always, continue reminding them of when the due date was, and how overdue they are. However, remain helpfulyou never know what they could be going through, or if there was some sort of mix-up.
How to Write a Note of Apology for Being LateApologize and lay out a specific account of the situation.Acknowledge the consequences.Accept responsibility.Explain what happened.Promise that it won't happen again.Show that you regret the situation.Offer to help correct the situation.
What should a late payment letter include?your company name and address.recipient's name and address.today's date.a clear reference and/or any account reference numbers.the amount outstanding.original payment due date.a brief explanation that no payment has been received.More items...?
What should a late payment letter include?your company name and address.recipient's name and address.today's date.a clear reference and/or any account reference numbers.the amount outstanding.original payment due date.a brief explanation that no payment has been received.More items...?
If you know that you are going to delay payment, you should write an apology letter to your supplier, which should be done in advance. In the letter, you should seek to explain in detail the cause for the delay and politely ask them to forgive you.
The pandemic has become one of the most common excuses for late payment and deferrals lately. The situation with the pandemic is affecting everyone in so many different ways, whether physically by contracting the virus, mentally by having to quarantine, or financially by losing a job or having to close down a business.
SentencesWe apologize for this late payment.We apologize for this late payment.I hope my late payment has not caused any inconvenience and apologize if it has.We apologize for this unfortunate set of circumstances.We apologize for these circumstances.We apologize for this inconvenience.More items...
We are deeply sorry for this delay and we apologize for any inconvenience that may have been caused to your organization for this delay. While I would not like to take any ingenuine excuses, I would really appreciate it if you would kindly understand our situation and excuse us for this late payment.