If an agreement is reached, I will pay this amount by (date of payment). Please respond by (date requested) with written confirmation if we can move forward with this arrangement.

A letter of credit is a letter from a bank guaranteeing that a buyer’s payment will be received on time and for the correct amount. Here’s how letters of credit work.

When it comes to requesting an installment agreement, the IRS offers two primary methods: Online Payment Arrangement (OPA) and submitting Form 9465, Installment Agreement Request.