Explanation Letter – Sample Explanation Letter
An explanation letter is written to explain a situation or a circumstance that occurred to answer something being enquired or to fill a gap in paperwork. This letter can be written at work, in school or in other places. An explanation letter can be written by a client, employee or student to explain something being […]
Sample Letter Explaining Late Payment
Financial matter always found some edge all over. It is not easy and not consistently smooth with any financial dealing. The late payment issue is prevalent out there. But some kind of problem may arise at any time due to a financial crisis. Because of that issue, the new payment letter is significant. It can […]
Explanation of Bankruptcy
Bankruptcy means that the person declared bankrupt cannot repay their debts back. This may be due to any number of reasons. An insolvent person may wish to do business again, for this he or she requires credit. Usually, a person who has been bankrupt earlier finds it difficult to get credit from the market. For […]
Explanation for Delay of Partial Shipment
One among the key definitions in a credit transaction letter is partial shipment. Every letter of credit that is requesting presentation of a transport document such as a bill of lading, air waybill, road consignment note, rail transport document etc. must indicate whether a partial shipment is allowed or not allowed. Partial shipment means that a part of the […]