Letter of credit is a written commitment from the bank guaranteeing that a buyer’s payment to a seller will be received on time and it also assures for the promised amount. If the buyer fails to keep its promise and is not in a position to pay the full amount, it is the liability of the guaranteeing bank to pay the committed amount to the seller on behalf of the buyer
The sample credit letter is a letter written to some recipients who may be concerned to acquire credit request of sanction from the financial institutions of linked banks. The letter is written with a purpose to inform the transactions those are relevant to credit such as transfer, extension or issue credit grant letter. This type of sample credit letter is addressed to the recipients like ones who are interested in obtaining credit request or approval from financial institutions, or allied banks. This letter includes the purpose or the intention to inform the credit-related transactions like extension, transfer or issue of credit grant letter, etc.
Here are some sample letter for requesting a credit to a business or a credit supplier –
Sample Credit Letter Writing
- Write in details about the sample credit letter issued. Write what things are included in the same.
- Mention whether the letter is sanctioned by the authorized person or not.
- Also, mention that the reader can contact you in the case of any doubts.
- Instead following the informal format, use formal language and tone.
Sample Credit Letter Template
Use our free Sample Credit Letter to help you get started.
Date: _____________. (Date on which letter is written)
Subject: ____________. (the Main purpose of writing the letter)
Dear ______(Sir/ Madam)
I am writing this letter to you on behalf of ______(mention the name of the company). We have received a request from you regarding the issue of sample credit letter. We are happy to inform you that we are attaching herewith the sample format for issuing credit grant letter after considering the details given by you and have made changed as per your suitability. In the grant letter, we have covered documents to be attached, approval from the relevant authority, the date, and the exact amount.
Kindly note that we have not taken sanction of the said letter by any person or it is not sheltered by copyrights and also which can too reserve with any legal procedures in regards to the forged practices. Hope to get a positive response from your side. Please contact us if there is any confusion, or any changes are to be done.
____________ (Name and signature of the sender)
____________. (Name of the organization)
Universal InfoTech Solutions,
July 14, 2010.
Party Starter Ltd.,
Street No.- 295,
Subject: Credit Letter.
This is with regards to your request for issuing a sample credit letter; we at Universal InfoTech solutions as a reply are glad to enclose the sample format for the issue of the credit grant letter according to the particulars supplied by you and changed as suitable to you. The particulars as given in the grant letter involve the date, enclosures to be attached, sanction from the concerned person, and the amount in words and figures. You are requested to note that this sample letter is not sanctioned by the authorized person and also protected by copyrights which can also stand by with any legal processes in the matters of fake practices.
Awaiting positive response from your end. Kindly let us know if there are any inconsistencies or the changes/additions to be made in the final letter of approval.
The following is the Email format to be followed for Credit Letter.
Subject: _______________. (Main purpose of writing the mail)
With reference to your request to issue a sample credit letter; we at _______________ (Name of the firm/organization) in response are pleased to attach herewith the sample format of the issue of credit grant letter as per your details provided & amended for your convenience. The details as inscribed in the grant letter includes the date, approval from concerned authority, requisites to be attached, amount in figures & words.
Further to note that this sample letter is not acknowledged by the appropriate authority & also copyright protected which can also be binding with any legal proceedings in the case of fraudulent practices. Looking forward to your positive response at the earliest & also inform for any discrepancies & changes to be altered in the final approval letter.
_____________ (Name and signature of the sender)
_____________(Name of the organization)