Explanation Letter for Late Payment

Some people may forget their payment and outstanding dues for a variety of reasons. It is always a great idea to write an explanation letter to explain the reason of delay payment. In this letter, you should apology first and state that why you pay so late. If you cannot pay immediately, you have to tell the other party the exact date you will pay and promise that you will never delay. It is also important to keep you manner of speaking polite and pleasant. Communicating in a professional manner will get you respect and will bring you and your company further in life and business. 

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