SAMPLE CREDIT APPROVAL LETTER
WXY Company Limited
22 September, 2013
Re: Credit account request
We are pleased to advise you that after receiving satisfactory references, credit facilities are now available to you.
We confirm our main conditions of trade which are:
Invoices are due for payment 30 days after invoice, directly to our bank
Your monthly Credit Limit is £XXXX
No goods will be issued on credit if your account is overdue by even one day
All other conditions are detailed in the Terms of Credit Agreement, signed by yourselves on 15th June 2007
We must point out that our Collection of Overdue Accounts Policy, detailed in the Terms of Credit Agreement, will be strictly adhered to.
Our banking details are
New Bank PLC
Sort code 33-44-55
Account no 8888888888