Apology for payment that has bounced with request to resubmit
[Date] [Name] [Address] Dear [Name] We have being informed by our bank that the payment for [amount], which we presented to you for credit to account [number] has been returned. We apologize for any inconvenience this may have caused you. Could you please resubmit the payment, as cleared funds are now available to meet this payment. If you would like to discuss this matter further please do not hesitate to contact us. Yours Sincerely [Your Name] [Your Title]