Notice of NSF Check Charge and Late Fee Owed

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{company_phone}} | Email: {{company_email}}

Website: {{company_website}}

Date and Customer Information

Date: {{current_date}}

Customer Name: {{customer_name}}

Customer Address: {{customer_address}}

Account Number: {{customer_account_number}}

Subject

NOTICE OF NON-SUFFICIENT FUNDS (NSF) CHECK CHARGE AND LATE FEE OWED

Details of Dishonoured Check

Dear {{customer_name}},

This letter serves as formal notification that a check issued by you, intended for payment to {{company_name}}, has been returned to us by our bank due to Non-Sufficient Funds (NSF). The details of the dishonoured check are as follows:

Check Number: {{check_number}}

Date of Check: {{check_date}}

Original Amount of Check: {{original_check_amount}}

Reason for Return: Non-Sufficient Funds (NSF)

Charges for Returned Check and Late Fee

In accordance with our terms and conditions, and applicable banking regulations, the following charges have been levied against your account:

NSF/Returned Check Fee: {{nsf_fee_amount}}

Late Payment Fee: {{late_fee_amount}}

Please note that the late payment fee is applicable as the original payment was not successfully processed by its due date. We kindly remind you of your outstanding balance.

Total Amount Due

The total amount currently due and payable is:

Original Check Amount: {{original_check_amount}}

Plus NSF/Returned Check Fee: {{nsf_fee_amount}}

Plus Late Payment Fee: {{late_fee_amount}}

TOTAL AMOUNT DUE: {{total_amount_due}}

Payment Instructions

To resolve this matter, please remit the total amount due of {{total_amount_due}} immediately. Payment can be made via the following methods:

Bank Transfer to: {{bank_name}}, Account No: {{bank_account_number}}, Branch Code: {{branch_code}}

Online Payment Portal: {{online_payment_link}}

In-Person at: {{company_address}} during business hours.

Kindly ensure that the payment reaches us within {{payment_due_days}} days from the date of this notice to avoid further charges or collection actions.

Consequences of Non-Payment

Failure to make full payment of the total amount due by {{payment_deadline_date}} may result in, but is not limited to, the following actions:

Further late payment penalties.

Reporting of the outstanding debt to credit bureaus, which may negatively impact your credit rating.

Commencement of collections procedures, including referral to a debt collection agency or legal action.

Suspension or termination of services/accounts with {{company_name}}.

Contact Information

If you have any queries regarding this notice or wish to discuss payment arrangements, please do not hesitate to contact our accounts department at {{company_phone}} or {{company_email}}.

We urge you to address this matter promptly to maintain a good standing with {{company_name}}. We value your business and look forward to your immediate cooperation in resolving this outstanding issue.

Sincerely,

{{sender_name}}

{{sender_title}}

{{company_name}}