Reply To Enquiry About Discount Rate




Reply To Enquiry About Discount Rate :


National Limited

191 / N - Patricia Avenue
Liverpool – 600 020
Phone : 0011 - XXXXXXXX
Fax : 0011 - XXXXXXXX



Your ref : VGT / 0091


Our Ref : SAL / 6 / 1425


6 March - 19XX


To :

XYZ LIMITED,
326 / H - Raman Nair Street,
Maalyvalley – 682 016.


Dear Sirs,


We apologise for not informing you earlier of our revision in discount rates for our customers. At their last meeting in March, the Board members have decided to reduce all our discount rates from 5-10% effective 1st August. We have not alternative but to carry out their decision. Your new discount rate is now 20%.


Your credit limit remains the same.


Thank you.


Yours Truly,


(V. RAJAN PETER)

Manager




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