[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP] Subject: Request for Execution of Receipt and Release for Payment Dear [Recipient's Name], I hope this letter finds you well. I am writing to request the execution of a Receipt and Release following the recent payment made to your company by [Your Company Name]. The purpose of this letter is to ensure that both parties acknowledge the completion of the payment transaction and release each other from any future liabilities or claims related to this specific payment. I am enclosing a copy of the payment receipt, numbered [Receipt Number], which evidences the successful transfer of funds from our account to [Recipient's Company]. We kindly request that [Recipient's Company] completes the following actions: 1. Review the receipt for accuracy: Please carefully review the payment receipt attached. Ensure that all relevant details, including the payment amount, date, and invoice reference, are accurately reflected. 2. Execution of Receipt and Release: Upon confirming the accuracy of the payment receipt, we kindly request that you sign and date the Receipt and Release document, which is provided separately or attached to this letter. This document will serve as a confirmation of the payment's receipt and release from any future claims or obligations arising from this transaction. Please note that by executing this document, both parties agree to consider the payment as fully settled, thereby releasing each other from any potential disputes or claims associated with it. This is a standard practice to formalize the completion of a financial transaction. Once you have reviewed and executed the receipt and release document, kindly return a copy to us at the address mentioned above or via email at [email address]. Upon receipt of the signed document, we will consider the payment process fully completed and close our records accordingly. Should you have any questions or require further assistance regarding this matter, please do not hesitate to contact me at [phone number] or via email at [email address]. We value our business relationship with [Recipient's Company], and we are committed to ensuring a seamless payment experience. Thank you for your prompt attention to this request. We appreciate your cooperation and look forward to receiving the executed Receipt and Release document. Yours sincerely, [Your Name] [Your Position] [Your Company Name] [Your Company Address] [City, State, ZIP]