Write two letters for the sellers on acceptance and refusal to the buyer's extension in the paym
We have received your letter informing us of our not having settled the payment of July 2.
We fully aware that the remittance should be made before July 2according to the S/C, but our remittance arrangements with our bank have not been finalized up to now, so we ask you to accept our requesting the extension of the payment date to 20th July.
Since the contract involves considerable amount of money, we would appreciate your understanding and we sincerely apologize for any inconvenience caused by our delay in remittance.
We look forward to receiving your favorable reply.
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