Sample Letter for Charge Account Terms and Conditions in Collin Texas [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Customer Name] [Customer Address] [City, State, ZIP Code] Subject: Charge Account Terms and Conditions Dear [Customer Name], We are delighted to inform you that your application for a charge account with our establishment in Collin, Texas, has been approved. We appreciate your interest in conducting business with us and would like to provide you with the essential terms and conditions to ensure a smooth and satisfactory transaction process. 1. Charge Account Details: Account Number: [Insert Account Number] Account Opening Date: [Insert Opening Date] 2. Payment Terms: a) Monthly Statements: Each month, you will receive a detailed statement outlining your charges, payments, and any outstanding balance. Please thoroughly review these statements to ensure accuracy. b) Due Date: Payment is due within [Insert Number] days from the statement date. c) Accepted Payment Methods: We accept payment by cash, check, or credit/debit card. [Specify if any specific cards are not accepted] 3. Late Payments: a) Late Payment Fee: A late payment fee of [Insert Fee Amount] will be applied to payments received after the due date. b) Interest Charges: A monthly interest rate of [Insert Percentage] will be applied to any unpaid balance past the due date. 4. Credit Limit: a) Pre-approved Credit Limit: Your pre-approved charge account credit limit is $[Insert Credit Limit Amount]. This limit may be adjusted periodically based on your payment history and business relationship with us. b) Overdue Balance: Exceeding your credit limit or having an overdue balance may result in temporary suspension or termination of your charge account. 5. Account Changes and Updates: a) Address and Contact Information: Please inform us promptly of any changes in your mailing address, email, or phone number. b) Authorized Users: If you wish to authorize any additional users on your account, please submit a written request indicating their full names and contact details. 6. Account Termination: a) Account Closure: If you decide to terminate your charge account, please submit a written request. Any outstanding balance must be settled before closure. b) Inactive Accounts: If your account remains inactive for a continuous period of [Insert Duration] without any transactions, it may be subject to closure. Please read these terms and conditions carefully and keep a copy for your reference. If you have any questions or require further clarification, please do not hesitate to contact our customer service team at [Insert Contact Information]. Thank you for choosing our establishment as your preferred business partner. We look forward to serving you and meeting all your business needs. Sincerely, [Your Name] [Your Title] [Company 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.