Letter of Credit at Sight

his is an application to any company. This way is use to request for the credit payment to the company.A standard, commercial letter of this type is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.
10th September 2010,
Mr. Kevin,
HR Manager
Dear Sir,
We are here to inform you that R & R Company comply with all the terms and conditions and we are willing to buy the materials under the rules and regulations of the company.
We are requesting you to open an unchangeable credit number on account of R&R company in favor of the amount which should not surpass $.15,000. we have given all the documents required such as signed commercial invoices, fee payment instructions showing documentary credit number, copy of material list, insurance policy coverage’s and shipment notices.
We assure that the terms and conditions of credit will be fulfilled upon delivery of documents as specified on due date. Please submit all the documents for payment within 20days after the date of shipment.
We await for your positive response.
Yours Truly,
Taylor Swift
R&R Company

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