REMITTANCE LETTER

A document sent by a customer, which is often a financial institution or other type of firm,
to a creditor or supplier along with a payment to briefly explain what the payment is for so
that the customers account will be credited properly.
Remittance letters are often used when the customers does not have a fully
established account with the counter party.
The purpose of the letter is to reference the reason for the payment or remittance,
as well as supply other information that will assist the creditor in recording the receipt
of the payment properly.
A. Sample of a remittance letter making a partial and full payment for goods
ordered.
B. Sample of a remittance letter making payment on the service rendered.
C. Sample of remittance letter acknowledging payment.
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BOOKS ATBP. PUBLISHING CORP.

707 Tiaga cor Kasipagan Street
Barangka Drive, Mandaluyong City
February 13, 2009
PROF. JESUS Z. MENOY
Faculty Member
College of Arts and Sciences
52 Aurora Boulevard, Quezon City
Dear Prof Menoy:
Enclosed is Check No. 0211718 amounting to PESOS: THREE THOUSAND EIGHT HUNDRED
TWENTY-FIVE (P3,825.00) as payment for the royalty for the sale of 200 copies of your
technical writing book.
The computation of the royalty is as follows:
Number of Copies Sold
Selling Price per Copy
Total Sales
Rate of royalty
Gross Royalty
Less: 10% Withholding Tax
Net Royalty

200
P275.00
P55,000.00
15%
P4,250.00
P425.00
P3,825.00

I hope that you acknowledge in writing the remittance of your royalty.

Sincerely yours,
MS. LITA RODRIGUEZ
Manager