When drafting a request letter for changing payment terms, maintain clarity and politeness. Clearly state the details of the original transaction, specify the desired changes in payment terms, provide a reason for the request, and express gratitude in advance for considering the request.
Sample Letter for for Change of Payment Terms
To,
The Manager
_____________ (Name of the company),
_____________ (Address of the company)
Date: __/__/____ (Date)
Subject: Request for change of payment terms
Dear Sir/ Madam,
This is in with reference to the purchase of ______________ (Product/ Service/ Project) against your purchase order no. __________ (order number) dated __/__/____ (Date).
We would like to request you for changing payment terms to __________ (mention new terms). The reason for the change of payment terms is ________ (reason for requesting the change of terms).
We hereby request you to kindly consider the request and do the needful.
Thanking you in advance.
Thanking you,
__________ (Signature)
__________ (Name)
__________ (Contact Details)
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Sandeep Bhandari