Notice of Assignment

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Notice of Assignment

Notice of Assignment

{{company_name}} {{company_address}} Phone: {{phone}} Email: {{email}} Website: {{website}}

NOTICE OF ASSIGNMENT

Date:

{{date}}

To:

{{debtor_name}}

{{debtor_address}}

From:

{{original_creditor_name}}

{{original_creditor_address}}

Subject: Notice of Assignment of Debt/Receivable

Dear {{debtor_name}},

Please be advised that as of {{effective_date_of_assignment}}, the debt/receivable owed by you to {{original_creditor_name}} (the 'Assignor') arising from {{description_of_original_agreement_or_invoice}} (hereinafter referred to as the 'Assigned Debt'), has been irrevocably assigned to {{assignee_name}} (the 'Assignee'), located at {{assignee_address}}.

Terms of Assignment:

1. Effective immediately, all payments related to the Assigned Debt are to be made directly to the Assignee: {{assignee_name}} at {{assignee_payment_address}}.

2. The total outstanding amount as of {{effective_date_of_assignment}} is {{currency}} {{amount_due}}.

3. All terms and conditions of the original agreement between {{original_creditor_name}} and {{debtor_name}} concerning the Assigned Debt remain in full force and effect, save for the change in the payee.

4. You are hereby released from your obligation to make any further payments related to the Assigned Debt to {{original_creditor_name}}.

Payment Instructions:

Please direct all future payments concerning the Assigned Debt to the following account:

Bank Name: {{assignee_bank_name}}

Account Name: {{assignee_account_name}}

Account Number: {{assignee_account_number}}

Swift/BIC Code: {{assignee_swift_bic_code}}

Reference: {{payment_reference}}

Contact Information:

For any queries regarding this assignment or payment, please contact:

Assignee Contact Person: {{assignee_contact_person}}

Assignee Contact Phone: {{assignee_contact_phone}}

Assignee Contact Email: {{assignee_contact_email}}

Acknowledgement:

We request that you acknowledge receipt of this Notice of Assignment by signing and returning the enclosed copy of this letter within {{number_of_days}} days.

Sincerely,

_____________________________

{{original_creditor_name}}

{{original_creditor_title}}

_____________________________

{{assignee_name}}

{{assignee_title}}

_____________________________

{{debtor_name}} (Acknowledgement of Receipt)

Date: {{acknowledgement_date}}