Letter Regarding Enhancement of Interest

Letter Regarding Enhancement of Interest :


From :

The Name of The Sender,
Door Number and The Name of The Street,
City with ZIP Code.

To :

The Manager,
ZZZZZZ Business House,
Door Number and The Name of The Street,
City with ZIP Code.

Dear Sir,

The rate of interest having advanced in consequence of the steady increasing scarcity of money, we shall likewise be obliged from the 1st February - 2008 to raise our interest from 3.50 per cent to 4 per cent for business operations in Current Account.

If these terms do not suit your convenience, it is at your option to withdraw your account with us at end of this month.

Yours Faithfully,


Letter Regarding Enhancement of Interest

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