A Second Payment Reminder Letter is a document used to recover a debt that is owing to you or your business after you have already issued a First Payment Reminder Letter. This letter serves as a follow up reminder, and the tone of this letter can be more direct than the first.
To minimise the amount of valuable time and effort you spend chasing late payments, you should consider using the Second Payment Reminder Letter as part of a structured credit control process.
This letter allows you to follow up your initial communication in a professional way and ensure you keep a suitable record should the matter need to be progressed further.
When drafting a Second Payment Reminder Letter, it is important to focus on a number of key clauses, in particular: