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Open

New Open Account Welcome Terms Letter

by emily on July 19, 2012

Dear

 

This letter is in reference to the account you have opened at our company. Thank you for opening an account with our company. As one of the leaders in this industry, we can assure you that our products and our services will not disappoint you and we promise high quality services at the competitive prices.

I would like to take this opportunity to briefly set forth our terms and conditions for maintaining an open account with our firm. Invoices are payable within 30 days of receipt, with a 2% discount available if your payment is remitted within ten (10) days of receipt. We consider this incentive an excellent opportunity for our clients to increase their profit margin, and therefore encourage the use of this discount privilege whenever possible. We do, however, require that our invoices be paid within the specified time, for our clients to take advantage of this 2% discount.

At various times throughout the year we may offer our clients additional discounts on our products. In determining your cost in this case, you must apply your special discount first, and then calculate your 2% discount for early payment.

As the credit manager, I will be happy to answer any questions you may have regarding your new account. I can be reached at the above number. Please feel free to contact us for any doubts or clarifications. Welcome to our family of clients.

New Open Account Welcome Terms Letter

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Conversion of Open Account to C.O.D.

by emily on June 19, 2012

Dear

 

You are one of our most valued accounts and it is with deep regret that I must advise you of a change in your account credit status.

 From now on, it will be necessary that a check accompany each order for merchandise from your firm. We must insist upon this until your account is brought up to date, at which time we will reevaluate your open account status.

 I know this will represent an inconvenience to you and I hope that this will not interfere with our long and profitable relationship, but it is necessary for us.

 We value your business and look forward to resolving this difficulty in the immediate future. Please feel free to contact us for any further doubts or clarifications.

Conversion of Open Account to C.O.D.

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