[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Payment Schedule for [Services/Products] — [Contract/Invoice Number] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to provide you with a detailed payment schedule for the outstanding balance on our agreement regarding [services/products provided], as per our agreement [mention date or reference number of the contract/invoice]. To ensure clarity and transparency, I have outlined the payment breakdown below: 1. Invoice/Contract Number: [Insert invoice/contract number] 2. Total Agreed Amount: [Insert the total amount agreed upon] 3. Payment Deadline: [Specify the payment deadline or mention the date when the payment was due] Payment Schedule: — Payment 1: [Payment Amount] on [Due Date/Month] — Payment 2: [Payment Amount] on [Due Date/Month] — Payment 3: [Payment Amount] on [Due Date/Month] ...— - Payment [n]: [Payment Amount] on [Due Date/Month] Please note that failure to adhere to the payment schedule may result in additional late payment fees or penalties as indicated in our agreement. Additionally, to expedite the payment process, I have included the details of our preferred payment methods below: [Payment Method 1]: [Insert relevant details, such as bank account number, routing number, or online payment portal information] [Payment Method 2]: [Insert relevant details, if applicable] [Payment Method 3]: [Insert relevant details, if applicable] Furthermore, if you anticipate any difficulties meeting the agreed-upon payment schedule, please do not hesitate to contact our office immediately. We understand that unforeseen circumstances may arise, and we are open to discussing alternative arrangements that could possibly accommodate your situation while ensuring timely payment for our services/products. I would like to take this opportunity to express our gratitude for your business. We value our partnership with you and look forward to continuing to provide exceptional [services/products] in the future. Thank you for your prompt attention to this matter. Should you have any questions or concerns, please do not hesitate to reach out to me at [your contact number] or via email at [your email address]. Yours sincerely, [Your Name] [Your Company Name, if applicable]