Business Writing_Open account letter

Dear Janet:

Thank you for your application to open an account with Ya-Mou. We have received all of your documents and we are pleased to offer you open credit terms for the next year.

Your future orders will be processed and shipped immediately. Invoice will be presented at the time of delivery, along with all other required documentation. (For more information about frequently used customs documents, please see the attached information sheet, Customs Regulations Governing Ya-Mou Products.) According to your preference, we will also fax invoices to you at the time of shipment.

As you know, our invoices are payable within thirty days of receipt, and we offer a 2% discount if payment is remitted within 10 days of receipt. Please bear in mind that any taxes imposed by an government authority on merchandise covered by any invoice shall be your responsibility, Your account will be subject to a finance charge of 2% per month on the entire outstanding balance, but we will waive this finance charge in each month that there is no unpaid invoice that is outstanding more than 30 days from the date of invoice. In other words, if payment is late, we must charge 2% per month on the unpaid balance in your account. If payment is late, we must charge 2% per month on the unpaid balance in your account. If your payments are not late, you will never be subject to the finance charge. Please see the attached information sheet, Ya-Mou Payment Policies, for more information.

Guidelines regarding this open credit account, including terms governing returned merchandise, are found in the attached information sheet Open Credit Account Policies.

Thank you again for beginning a relationship with Ya-Mou. We look forward to meeting your educational and technological needs. As always, please feel free to contact me with questions at any time.

Sincerely,
Smile