Payment Arrangement Agreement Letter

By | October 25, 2014

A payment arrangement agreement letter is a letter which is used by one of the parties in a financial arrangement to set forth payment terms in case of financial debt or difficulty in making payments. A payment arrangement agreement letter template is a ready to use letter that can be customized to draft a needed letter. A sample of a payment arrangement agreement letter is given below and can be used for reference.

Sample Payment Arrangement Agreement Letter:

To,

_______________ [enter name of the recipient here]

________________ [enter the address of the recipient here]

_________________ [enter the contact details of the recipient here]

Date: _________________ [enter the date of sending of the letter here]

Subject: ______________________________ [the subject of the letter must be written here in a precise sentence or statement]


______________ [provide a formal salutation here]

I am ________________ [mention the name of the sender in this space] and I am writing to you in order to ________________ [give the purpose or aim of writing the letter in this space]. I wish to set forth a payment arrangement agreement because ________________ [give the reasons for drafting of the arrangement agreement for payment].

I would like to state a few of the terms of this agreement and they are given as follows:

  • ____________________________[give the first term and condition]
  • ____________________________[give the second term and condition]
  • ____________________________[enter all the other clauses]

 

Hope that___________________ [give suitable information]

Thanking you

Yours sincerely

_________________ [enter the name of the sender here]


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