Category:

To,

John Lennon,

Branch Manager

Reserve Bank of UK

34 Tango Charlie Road,

London, United Kingdom.

Subject: Credit to guarantee payment to the seller

Respected Sir,

This letter is to inform you that our organization would like your financial support in the form of credit. We would like you to be the guarantor for the amount we have to pay the seller.

Our organization, Gentle Retail Stores buys garments in bulk from Gas Garments Limited.  We have to make the complete payment at the purchase. At the time of purchase it may be difficult for us to make the complete payment, so we would like you to stand as our financial guarantor to make the payment on time to the seller and for the full amount.  We would of course return the payment in monthly installments along with the specific interest rate.

We would be really grateful if you approve this credit letter.

Thanking you,

Jane Austen.

MD, Gentle Retail Stores.

To,

Ken West

Credit Department Head

Finance Bank of Credit

1 Aspen High Road,

New Hampshire 6789

United Kingdom.

Subject: Credit to make complete payment to the seller

Respected Sir,

This letter is to inform you that our organization would like your financial organization to stand as guarantor of the partial amount for the purchase made from the seller.

Our organization, Real Steel Manufacturers specializes in making steel products from raw iron and iron ore. We need to purchase iron from various suppliers and it sometimes becomes difficult to make complete payment to the seller. So, we would like you to provide us credit and make partial payment of the selling amount. We are aware about the interest rate charged by your organization and ready to bear that.

I would request you to approve the credit . I am also attaching few documents stating the profile of our company.

Thanking you,

Brett Lee,

Manager, Real Steel Manufacturers

To,

Name [name of the recipient]

Designation [designation in which the recipient is working in the organization]

Name [name of the organization]

Address [the address of the organization]

Date [the date on which this letter is being written]

Subject [write the exact subject for which the letter is being written]

Dear Sir/ Madam [write the appropriate way of addressing the recipient]

First paragraph: [The first paragraph should state the purpose for which for which the sender is writing the letter. If the sender is writing on behalf of an organization, he should state the name of the organization.

Second paragraph: [In the second paragraph the sender gives details about the financial transaction that he is making for which he requires credit and also the name of the seller]

Third paragraph: [In this paragraph the sender will show gratitude and request for the credit to be approved]

Thanking you,

Name [write the name of the sender]

To,

Henry Lee

Relationship Manager

JP Morgan Bank

21 Yankee Doodle Street

Leeds 2345

United Kingdom

Dated: 15^th of December 2011

Subject: Letter for transferring the credit amount

Respected Sir,

This letter is to inform you that I would like to transfer a certain amount of the credit being offered by your organization to Hot Deal Manufacturers.
I would like to make Hot Deal Manufacturers the second beneficiary for the credit approved to us for making purchase from the seller.  It will be a partial transfer of credit. Hot Deal Manufacturers will also have access to the rights and obligations to the credit facility like our organization. They will also be responsible for returning the credit amount to your bank with the interest rate.

I would be highly grateful if you could approve the transfer of credit and process it. It will be beneficial for our organization.

Thanking you,

Nathan Ben,

MD, Gas Garments Ltd.

To,

Orson Welles

Credit Department Head

Finance Bank of Credit

22 Rock High Road,

New Hampshire 6723

United Kingdom.

Subject: Letter to become a standby for the purchase made

Respected Mr. Welles,

I, Lenny Ben on behalf of Gas Garments Limited am writing this letter to request you to become a standby for the amount incurred by us to make purchase for our business transaction.

Our organization specializes is making fashion garments. In order to design our garments we need to purchase cotton cloth materials from various manufacturers. I hope that you must be knowing that there are ups and downs in business, so there may times we may be unable to pay the complete purchase amount to the manufacturer. In such cases it would be a relief if you stand as our last resort for making payment.

I would be obliged if you approve this request.

Thanking You,

John Smith

Sales Manager, Gas Garments Limited

To,

Roger Moore,

Head of Sales Department

Iron Scrap Suppliers

23 Hilly Billy Road

Leeds 4567

United Kingdom

Dated: 12^th of November 2011

Subject: To approve revolving line of credit

Respected Sir,

This letter is in regards to the business transaction between your organization and ours. This  to inform you that we would like to request you to make the delivery of goods in multiple shipments instead of one so that the credit is revolving.

Our organization Steel Limited buys iron scraps from your organization in bulk once every year. We would like to purchase the iron scraps in parts as we may not be able to make the complete payment at one go. It will be convenient for us if there is a revolving line of credit.

I believe you will consider the long and healthy business relationship that we have since last ten years and approve our above request.

Yours sincerely,
Luke Wilson.

To,

Terry Morgan

Branch Manager

Morgan Chase Bank

567 Down Inn Street

North Success 2345

UK

Subject: Red clause letter of credit

Respected Sir,

This letter is to request you to initiate an advance to the buyer so that he can pay for the initial expenses incurred by us. The advance will be to cover the cost of delivery of goods exported by us.

We, at Iron Manufacturers based in Italy specialize in manufacturing iron scraps and supply that to Real Steel Limited who has applied for credit to make purchase from your financial institution. I believe that Real Steel Limited has mentioned about us in the letter of credit.

I understand that by doing so the buyer will be bearing a financial risk as he is paying us an unsecured loan, but at the same time we also need cover the deliver cost. I hope you would consider the above request.

Thanking you,

Jane Myer

Iron Manufacturers

To,

Elvis Presley,

Branch Manager

Reserve Bank of London

14 Chaplin Charlie Road,

London 2378

United Kingdom.

Subject: Credit to guarantee payment to the seller

Respected Sir,

This letter is to apply for credit from your financial institution for the purchases made from our vendors.

We, at Oliver Manufacturers buy readymade clothes from various vendors. We have plans to extend our company and as a result have made lots of investments for that. Even the market last year was low, so the profit was not as high compared to previous years. Thus, we would require credit to make immediate payment to the vendors or else they may refuse to supply the products.

We are ready to accept the interest rate on the installments that we will have to pay you in order to return the credit.

It would be great for our business if you process the above request.

Thanking you,

Jane Austen

Oliver Manufacturers

To,

Brett Lee

Managing Director

Buy and Sell Limited

12 West End Road,

London 3456

United Kingdom

Subject: Letter of credit at sight

Dear Sir,

This letter is in response to your application to offer credit to your organization in order to buy goods from the seller. We are ready to offer credit at sight.

You had written to us that your organization needs credit for making purchase of raw materials from the supplier. We agree to offer you credit but we would pay the required amount to the seller at sight, but ten days prior to purchase you have to submit the necessary documents to us. We would also bring to your notice that from the total amount to be paid we would deduct a certain amount as transaction fees.

I believe that you would consider the above terms and conditions and submit the required documents with us before the purchase.

Yours sincerely,

Jane Austen,

Morgan Chase Bank.

To,

Tyra Banks

Regional Head

Bank of Credit

Regina Towers

23 Gordon Street

Gotham City 2345

United Kingdom.

Dated: 1oth of February 2009

Subject: To issue credit on submission of documents

Respected Madam,

This letter is to apply to your financial institution for credit for the purchase made by us from the seller. In order to get the credit approved we are ready to submit the necessary documents that comply with the terms and conditions of the credit.

Our organization is an importer of coffee from Brewing Limited, the exporter which is an international organization based in Brazil. We would request you to reimburse the exporter for the goods and services provided by them. We assure that we would submit all the necessary documents before hand so that you can make the reimbursement.

I hope you understand that the above request is beneficial for our business if you approve it.

Thanking you,

John Woo

Nest Coffee.

Credit letters are documents sent by an individual or a company or a business organization to another individual or company asking for credit. Such letters are usually professional documents and must be written in a corresponding style.

• Credit letters are extremely important since the request for credit will be judged primarily on the basis of the letter and its arguments, and hence the document provides the first impression which can be very valuable.

• They must be well reasoned. The need for the credit must be mentioned and the credibility of the sender must be established. All necessary details like bank account, financial condition, current loans and debts and so on must be clearly put forward in the credit letter.

• All the information provided in the credit letter must be absolutely verified and accurate. Incorrect information in a credit letter can have legal repercussions. The tone of the credit letter must be polite and humble and the letter must on no account be imposing.

• The amount of credit needed and the purpose for which it is needed must be included. More importantly, why the recipient should consider extending financial help to the sender must be mentioned as well.

Credit Letter

Free Credit Letter

Sample Credit Letter

Credit Letter Format

Credit Letter Template

Credit Letter Example

Transferable Letter of Credit

Standby Letter of Credit

Revolving Letter of Credit

Red Clause Letter of Credit

Letter of Credit

Letter of Credit at Sight

Documentary Letter of Credit

Credit Dispute Letter

Credit Reference Letter

Credit Inquiry Letter

Credit Analyst Cover Letter

Credit Analyst Thank You Letter

Credit Authorization Letter

Credit Application Letter

To,

Glenn Close

Assistant Manger

Credit Department Head

United Finance Limited

67 Universal High Street

New York, New Jersey 6789

Dated: 12^th of May 2011

Subject: Letter of credit

Respected  Mr. Close,

I would like to apply for credit from your financial institution for an amount of $3000. The credit will be in the form of a car loan.

I am planning to buy a new car, but I need the amount required for down payment. I am currently working in the position of a customer care executive for  Genesis Private Limited and have a monthly income of $2000. I agree to repay the car loan in five years time. I am aware about the 15% interest rate on the loan and agree to pay that too.

I would be highly grateful if you consider my application and process my car loan. I am enclosing a copy of my employment details and other documents with this letter.

Thanking you,

Nathan Lee.

To

______________ [here write the name of the recipient]

______________ [write the profile of the recipient]

______________ [write the name of the financial institution]

______________ [write the address of the institution]

_______________ [write the date of sending the letter]

________________________: [write down an appropriate subject for the letter]

Respected Sir/ Ma’am,

I would like to apply for credit from your financial institution for an amount of ______ [amount of credit required]. The credit will be in the form of ______ [type of credit].

I would pay back the credit amount in ______________ [loan term] years. I am aware about the interest rate of __________ [mention the interest rate] that you would be charging and agree to pay that.

I would be highly grateful if you consider my application and process my __________ [type of loan] loan. I am enclosing a copy of my ______________ [mention the details of the documents enclosed with the letter].

Thanking you,

_______________ [write the name of the sender]

_______________ [write the address of the sender]

To,

Tammy Horse

Lending Manager

International Finance Limited

783 Big Highway Road

Florida, Los Angeles  6789

Dated: 12^th of March 2012

Subject: Applying for Credit for doing trading

Dear Mr. Horse,

I would like to apply for credit from your financial institution for an amount of $15000 for the purpose of making payment to the supplier.

My organization Raw Garments Limited specializes in supplying raw materials to various garment manufacturing companies. I buy the products to manufacture raw materials from various suppliers. The whole process of   buying goods from supplier and the selling the manufactured raw materials to the clients involves a time period of three months. Thus I would return the credit amount in three months time by paying en equal installment each month. I am aware about the interest amount charged and ready to bear that.

I would request you to approve the credit amount. I am also enclosing business report of my organization with this letter.

Regards,

Roger Moore.

To,

Tony Hanks

Finance Department Head

Gas Garments Limited

56 Straight Drive Road,

New York, New Jersey 8689

Dated: 2^nd of May 2012

Subject: Letter of credit dispute

Respected Mr. Hanks,

This is in regards to the credit applied by your organization in the form of a business loan for an amount of one million dollars on 25^th of April 2012. There is a certain dispute in providing the credit amount.

After any client applied for loan from us, we do a credit check of that client. Similarly we  did a credit check of your organization. We found that the credit rating of your organization is negative. Your organization had earlier applied for a business loan in which there is a default in making payment and the loan amount has not been cleared.

I would request you to clear off the outstanding amount  and apply to us three months afterwards.

Regards,

Brad Pit

Branch Manger

Credit Provider Bank.

To,

Terry Iron

Assistant manager

Credit Card Department

JP Morgan Bank

59 East Side Road,

Iowa, Illinois 5678

Dated: 3^rd of March 2012

Subject: Reference letter for credit

Respected Mr. Iron,

This in regards to the credit card applied by our client Jeremy Winter from your bank for a credit limit of $20000.  I would like to refer Jeremy Winter so that he can be allowed credit.

Jeremy Winter holds a mortgage loan with us. The mortgage loan is a for a period of ten years and it has been three years since the loan period started. Since the loan amount has been processed, he has been paying the installment amount every month on time.  There has not been a single default in the loan repayment. He is one of our most valuable customers.

I would like to request you to process the credit card that he has applied for.

Thanking you,

Danny Boyle

Loan Department Head

National Mortgage Limited

To,

Nancy Myers

34 Tango Charlie Lane

North Brooklyn, Illinois 8478

Dated: 21^st of March 2012

Subject: Letter for credit inquiry

Dear Miss. Myers,

This letter is in regards to the home loan that you had applied from our bank on 15^th of March 2012 for an amount $200000. In order to approve the loan we need to make an inquiry about your credit history.

As you must be knowing that after any individual applies for a loan, it is mandatory for us to check his credit history. Based on the inquiry made by us we decide whether to approve the loan applied by the person. We have to check the person’s credit worthiness and credit rating maintained by various credit bureau. We would also like you to provide with information about your current credit status and provide us with a photocopy of your credit report.

I hope you understand that this inquiry is a standard procedure and cooperate with us. Please collect all the needed documents and meet our representative at the office.

Regards,

David Boon

Credit Manager

Housing Development Credit Bank

———————-

Credit Letters

To,

Nathan Lee

Human Resource Manager

Great Finance Limited

Carolina, New Dakota 7890

Dated: 1^st of March 2012

Subject: Applying for the position of credit analyst

Respected Mr. Lee,

This letter is in response to the vacancy in your organization for the position of a credit analyst. I would like to apply for the same position.

I have work experience of five years in the credit industry and I have work experience of two years in the position of a credit analyst. I have been working with National Union Bank since last two years as a credit analyst. I have a great knack for analyzing credit applicants and evaluate the credit risk involved.  I have completed my MBA with specialization in finance from the prestigious Colorado Business School in the year 2006.

I can assure that if you hire me I will be an asset for the organization. Please find my resume enclosed.

Thanking you,

John Woo.

To,

John Woo

Credit Analyst

Indus Union Credit Institution

23 Aspen High Road

North Dakota, New Jersey 4567

Dated: 23^rd of March 2012

Dear Mr. Woo,

This is regards to the personal loan held by me under the account number 56789 and offered by your credit institution on 20^th of March 2012. I would like to thank you for approving my loan.

I had applied for a personal loan from your credit institution on 10^th of March 2012 for an amount of $50000. I was badly in need of the money as I required it for my mother’s surgery. Above that I had forgotten to renew my insurance so had to apply for the personal loan. I am really grateful to you and your organization that you analyzed my credit history and gave a positive feedback about my credit worthiness.

Once again thank you for approving my loan in this time of need.

Thanking you,

Christian Bale

To,

Jim Courier

56 Green Wood Road

New York, New jersey 5678

Dated: 12^th of June 2011

Subject: Authorization of the credit applied

Dear Jim,

This is in regards to the home loan applied by you for an amount of $50000 on 1^st of June 2011. We would like to inform that your loan amount has been authorized.

After an individual applies for loan from us we do a credit check on the individual. We check the credit history and credit rating of the person. We have done a similar check on you and we found that you have a good credit rating. There is no outstanding amount from your previous loan and you have always made timely payments. The loan authorized will be for a period of ten years and the interest amount charged will be 10% compounded annually.

We are enclosing a form along with the letter which you need to sign and return.

Regards,

Roger Moore

Credit Manager

National housing Loan

To,

Norman creed

Branch Manager

Union Bank of Credit

34 Regina High Street

Holly Wood, Los Angeles 6789

Dated: 23^rd of February 2012

Subject: Application for home loan

Respected Mr. Creed,

I would like to apply for a home loan from your credit lending organization for an amount of $75000.

I am currently working in a reputed organization, Sun Rise Technologies in the respectable position of a software engineer. I draw an annual salary $60000. I would also like to bring to your notice that I have an excellent credit rating. I have always cleared my outstanding dues by due date and have never defaulted in making payment.  I also have a good credit score with Trans Union.

I would be grateful if you process my loan request as soon as possible as I am badly in need of it.  I am enclosing photocopies of my last two month’s salary and my credit report along with the letter.

Thanking you,

Nick Carter

To,

Mr. Richard Ainsworth,

#4, Liverpool,

Merseyside,

London, L37

Date : 14^th September 2012

Subject : Letter for credit salary

Dear Mr. Richard,

We are hereby writing from London Global Bank with regard to the credit salary request letter received from your company ABC Corporation. Your company has sent us a letter dated 1^st September seeking to provide one month’s salary as advance credit to all their employees.

We are happy to inform you that your name is part of the list of employees who will receive one month’s salary as credit along with the salary for this month. We have agreed to the credit being given on the condition that the employees will furnish their documents such as personal identity documents, credit card details etc within a period of one week of receipt of this letter.

We are enclosing a form along with this letter which you need to fill up and sent it across to our bank within the time frame specified above. We will on receipt of the enclosed form and said documents will process your credit salary and transfer it to your salary account. Please remember that this is a credit salary being issued without any security and only on the basis of the letter of recommendation issued by your employer. Therefore ensure to submit the necessary documents properly for no further delay in receiving credit salary.

Yours Sincerely,

Chris Thomas.

Manager – London Global Bank.

To,

Mr. Richard Campbell,

#5, Preston, Lancashire,

London, PR1

Date : 15^th August 2012

Subject : Termination of credit received from the bank

Dear Mr. Richard,

We are hereby writing this letter from XYZ International Bank that we regret to terminate the credit extended to you six months ago. There are many reasons for our taking this painful decision of credit termination.

Remember that when we extended the credit to your six months ago there were certain terms and conditions set out for offering the credit. But you have not fulfilled any of the terms in these months. We have always received late payment of your credit payments for which we have been levying late payment fees. Even after repeated warning letters from our bank you have never made the payment on time nor have you responded to our letters at any point of time.

This attitude is not something that the bank can agree to and feel that we will not be able to continue the credit offered to you. We therefore request that you make full settlement of the credit offered by us within 14 days of receipt of this letter. You can find out the outstanding balance from the phone numbers mentioned below. Please take this credit termination letter as final decision from our side and make payment of your outstanding credit with us.

Yours Truly,

Mac Brown

XYZ International Bank

8980-8979-67868

To,

Mr. Christopher S Robin,

Manager – ABC Credit Agency

#6, Balerno, Edinburgh,

London, EH14

Date : 29^th July 2012

Subject : Letter to dispute credit report sent by your agency

Dear Mr. Christopher,

I have recently received a credit report from your agency which gives complete information of my entire outstanding credit. But I have found a lot of errors in the credit report. The first error is that my surname has been mis-spelt as Rodin instead of Robin. Secondly the credit report shows an outstanding amount in one of my credit card for which I have made payment in full last month. Thirdly there is a credit card outstanding amount reflecting in my credit report where I do not hold any such card.

I request to kindly take immediate action to rectify these mistakes in my credit report. I have always been an honest payer of all credit cards and have never defaulted in any of my credit payments so far. With the credit report that has been sent by your agency it affects my creditworthiness very badly and is not something that is acceptable to me.

I therefore request you to act immediately on my credit report dispute letter and rectify the errors accordingly. I am enclosing my bank statement and latest credit card statements for you to do the needful at the earliest.

Thanking you.

Yours Truly,

Anne Robin.

To,

Mr. Stanley Richard,

Manager,

Credit Report Agency,

#8, Dewsbury, West Yorkshire,

London, WF12

Date : 25^th March 2012

Subject : Request letter for issuance of credit report

Dear Mr. Stanley,

I am writing this letter to request for my credit report along with my financial information. I am herewith enclosing a demand draft for 50 pounds as processing fees for the issuance of the credit report. I am also enclosing along with this letter my passport copy along with proof of address for you to do the needful.

I need the credit report as soon as possible as I am applying for a mortgage loan and the mortgage agency needs my credit report for clearance of the loan. I have mis placed my earlier credit card statements when shifting my home recently and hence credit report is necessary from your agency for getting my loan application processed.

The mortgage agency has given me a deadline of one week to furnish the documents failing which my mortgage loan application will be rejected. I therefore request you to kindly process my request for credit report at the earliest and send it across to my address mentioned herewith.

Address : #1, Leeds, Yorkshire, London, London, LS6.

Thanking you in advance for a prompt service from your end.

Yours Sincerely,

Dorothy Stanford.

To,

The Manager,

Global Bank of London,

#7, Bury, Lancashire,

London, BL0

Date : 29^th April 2012

Subject : Issuance of reference letter

Dear Sir,

My name is Gordon Vera and I hold a savings account with your bank for the past 10 years. I have a very good record of transactions and relationship with your bank. I have always been proud to be a customer of your bank and received excellent service whenever I have visited your bank branch.

I am planning to start a new business venture with a reputed international company for export of products manufactured by me. For the purpose of this export order the company is seeking a credit reference letter to validate my creditworthiness for processing the order.

I therefore want your bank to issue me a credit reference letter that will help me to secure this export order. I am herewith enclosing all the documents necessary for your to issue me the credit reference letter at the earliest. This export order is of great importance for the continuity and success of my business. I hope that the bank will help me with my request for the credit reference letter and oblige me soon.

Thanking you in advance.

Yours Truly,

Estrada Jobson.

To,

Ms. Jennifer Abraham,

#12, Redruth, Cornwall,

London, TR16

Date : 12^th August 2012

Subject : Refusal letter for credit request

Dear Ms. Jennifer,

We received your credit request application dated 01^st August 2012. We regret to inform you that at the moment we are unable to process your credit request for varied reasons which have been explained as under.

Firstly we have set a certain benchmark for employees seeking credit with our bank. Your annual income does not meet the benchmark requirements that have been stipulated by our bank. Secondly our bank has a policy to provide credit to only those employees who work for A+ rated companies. Unfortunately the company you are presently working for is not part of the A+ rated companies. Lastly on evaluation of your credit card bills we have found that you have made late payment on your credit card outstanding more than five times in the preceding financial year. As our bank also has a policy not to issue credit to credit card defaulters who have defaulted more than three times in one financial year we will not be able to extend any credit to you.

We are returning back all the documents of employment, personal information and credit card statements submitted by you for obtaining the credit. We once again regret that we are unable to extend credit to you.

Yours Sincerely,

Teresa Gomes.

ABC Bank

To,

The Manager,

M/s Redruth Associates,

#12, Southampton,

Hampshire,

London, SO45

Date : 05^th March 2012

Subject : Approval of credit term

Dear  Sir,

We have received your application dated 25^th February 2012 for enhancement of credit term for the credit availed from our bank. We are happy to inform you that we have approved increase in your term from 36 month to 48 months as per your application and request letter.

We have decided to grant the credit term increase by keeping in view your excellent performance and track record in the market. Also we have taken into consideration your long term relationship with our bank which has been to our satisfaction so far.

In order to help the process of credit term increase to be completed we request your company to execute the set of security documents the list of which has been enclosed with this letter. The documents that are required by our bank should be submitted in triplicate to our bank on or before 19^th March 2012 for us to process your request before the close of our financial year.

Please give us your written agreement of acceptance of this credit term approval process along with all other documents you are submitting to us.

We are happy to extend the credit term for you and wish you good luck in all future business endeavors.

Yours Sincerely,

Milton Keynes.

ABC Bank.

To,

Mr. Kay Chester,

Manager – Associated Company Ltd,

#44, Basingstoke, Hampshire,

London, RG22

Date : 15^th March 2012

Subject : Intimation letter for approval of credit application

Dear Mr. Kay,

We are writing this letter in response to your application for credit from our bank last week. We have reviewed your application and have arrived at the decision that we are glad to offer you the credit that you need with immediate effect.

In order to get the credit application processed we will be opening a fresh credit account in the name of your company in our bank. We will also issue a credit account cheque book for this account through which you can transact in this account.

You can please find enclosed the terms and conditions that are required to be fulfilled by your company. Once you have read and understood the terms of the agreement please ensure to send it back to us. The agreement needs to be signed by the authorized signatory of your company and submit it to us for completion of the process. In case you have any clarification regarding the terms specified in the agreement please feel free to get back to our credit department.

We hope to have a great banking relationship with your company.

Yours Sincerely,

Polson Armanda.

To,

Mr. Ross. A Velvett,

#22, Milton Keynes,

Buckinghamshire,

London, MK10

Date : 14^th November 2012

Subject : Credit payoff  letter intimation

Dear Mr. Ross,

We are writing this letter in furtherance of our earlier letter asking you to make the payment of outstanding credit enjoyed by you in our bank. Please recollect that in response to your request for credit we instantly offered you credit from our back at the lowest possible rate.

It was on account of your financial credibility and past records that we extended this credit facility to you. But unfortunately ever since we have given this credit you have been a regular defaulter with the payments. Even after repeated reminders you have not paid any amount towards the outstanding amount. On account of your default and repeated levy of interest the credit offered by us in your account has multiplied thrice.

While we will be able to wave off the interest part levied in your credit account you will be bound to pay the actual credit availed from our bank. We hereby give you a final warning to payoff the credit in total within 14 days of receipt of this letter or face legal action from the bank.

You are free to have a discussion with executives of our credit recovery department for knowing the credit outstanding and any other information you want to know.

Yours Truly,

Norma Lewis

Bank Manager.

To,

The Bank Manager,

Novotel Bank of London,

#44, Colchester, Essex,

London, CO31

Date : 17^th May 2012

Subject : Letter for acceptance of credit

Dear Sir,

I have received a letter from your bank dated 02^nd May 2012 which has approved my credit by your bank. I have received the credit account number as 123456XXX which was specified in the letter sent by your bank. I am so delighted at the issuance of the credit which will now help me to grow my business better than before.

I have received a copy of agreement which outlines the terms and conditions for the issuance of credit by your bank. As specified in your letter I am in full acceptance of all the terms and conditions specified in the agreement. I am also signing the agreement and the letter sent by your bank in acceptance of the same.

Please find enclosed along with this letter my credit acceptance letter. I request you to kindly process my credit requirement at the earliest as I have a huge export order to be fulfilled within the next one month time span.

I once again thank you for offering me the credit and helping me grow in my business with your support. I cherish a long term relationship with your bank and assure you to maintain the terms specified by the bank always.

Yours Sincerely,

Gillian Alcock.