Mr. K L Lee Tiger Manufacturing
Eastern Industrial Zone
Guangzhou China
Dear Mr. Lee,
Thank you for your letter of 15 April regarding
payment terms. We agree to your proposal, the terms of which are as follows.
(1) Payment will be by confirmed, irrevocable
letter of credit with draft at sight instead of direct payment at sight.
(2) The price quoted to us is with no
discount.
The above payment terms have been approved by our
Managing Director and will be acted on accordingly. The order is being prepared
and will reach you in the next ten days.
I would like to take this opportunity to inform you
that our representative, Mr. John Green, will attend the forthcoming
Guangzhou Fair. He will be writing to you shortly.
We sincerely hope that future discussions between our
companies will lead to further mutually beneficial business.
Yours sincerely,
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Useful phrases
Line 6
The above payment
terms have been approved by . . .
Line 9
I would like to take
this opportunity to inform you that. . .
Line 12
We sincerely hope that
future discussions between our companies will lead to
Notes
Para. 1
Make the reference
clear.
Para. 2
State the payment
terms.
Para. 3
Indicate when the
order will be placed.
Para. 4
Add any further
relevant information.
|
|
Comments
The letter lays out the agreed payment terms briefly
but clearly. The fact that a personal contact will be arranged indicates that
the purchaser intends to cement the business relationship.
|
Alternative phrases
Line 1 We
refer to your letter of . . .
Line 6 Our
Managing Director has approved the payment terms and we will take the
necessary action.
Line 8 We
are preparing the order, which . . .
|
|
Stating terms of payment
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