Business Letter for The Year-End Financial Statements :
This letter should be typed in the official letter-head of the company.
The Company's Name
Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXX
Phone Number : 0000 - 123456789
TO :
The Receiver's Name,
Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXXX
Date :
Reference :
Dear _____________,
We have recently reviewed the year-end financial statements for Ardco Engineering.
Because of the unbalanced financial condition at year end, Ardco does not now meet our
stringent guidelines for extending unsecured credit.
So your company can continue its purchases on an unsecured basis, we need a bank
letter of credit to serve as security for the account. In view of your firms past history of
monthly purchases, we recommend the letter of credit be set up for no less than Rs.5
000 000.
For your convenience, we have enclosed a copy of our format for the banks letter so it
includes the essential information we need. We look forward to serving you in the
months ahead.
Yours Sincerely,
(The Sender's Signature)
The Sender's Name
Enc. :
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Business Letter for The Year-End Financial Statements
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