Subject: Conversion of Credit Limit to C.O.D. Status — Notice of Update [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Customer's Name] [Customer's Address] [City, State, ZIP] Subject: Important Notice Regarding Credit Limit Conversion to C.O.D. Status Dear [Customer's Name], We hope this letter finds you well. As our valued customer, we would like to inform you about an upcoming change regarding your credit limit status with [Your Company/Organization]. Please note that effective [Date], your current credit limit of [Previous Credit Limit Amount] will be converted to C.O.D. (Cash On Delivery) status. This decision has been made due to recent observations regarding credit management and in compliance with our updated financial policies. We value your business and want to ensure that our terms and conditions are aligned with your purchase volume and payment preferences. The conversion to C.O.D. means that any pending and future orders will need to be paid in full at the time of delivery or collection. We request your cooperation in this matter to avoid any disruption in your order fulfillment, ensuring seamless services between us. We understand that this change may require adjustments to your records and payment processes. Please make the necessary arrangements to prepare for this conversion by [Deadline Date]. We encourage you to review your outstanding balance and coordinate with our accounts department regarding the payment modalities. However, please feel free to reconsider this C.O.D. status conversion if you believe there are extenuating circumstances or if you wish to discuss alternative arrangements that may suit your business requirements. Our team is available to address any concerns or queries you may have in order to find an amicable solution. We value your continued partnership and assure you that this change aims to streamline our financial operations, enabling us to serve you better in the long run. We hope for your understanding and look forward to maintaining a fruitful business relationship with you. Should you have any questions or need further clarification, please do not hesitate to contact [Your Name] at [Your Phone Number] or [Your Email Address]. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title/Position] [Company/Organization Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.