Business Letter for The Year-End Financial Statements :

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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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