Sample Letter for Charge Account Terms and Conditions in San Antonio, Texas [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Customer Name] [Customer Address] [City, State, ZIP] Subject: Charge Account Terms and Conditions Dear [Customer Name], Thank you for expressing interest in establishing a charge account with our company. We are pleased to provide you with the required information and terms and conditions to help you understand our credit policies and ensure a successful business relationship. Please review the following terms and conditions: 1. Charge Account Approval: Approval for a charge account is subject to our company's credit review process. Upon completion of the necessary credit checks, we will notify you in writing of the acceptance or rejection of your application. 2. Credit Limit: Each charge account approved will be assigned a credit limit, which represents the maximum amount you may charge on your account. The assigned credit limit is at the sole discretion of our company and may be adjusted periodically based on your payment history and creditworthiness. 3. Payment Terms: All charges made to the account must be paid in full within [number] days from the date of the monthly statement. Failure to make timely payments may result in account suspension or closure. 4. Interest and Late Fees: Should any charges remain unpaid after the due date, we reserve the right to charge interest at a rate of [rate]% per annum on the outstanding balance. Additionally, a late fee of [amount] may be applied to the account for each late payment. 5. Statement and Invoicing: A monthly statement will be sent to the billing address specified in your application. It will include the details of transactions made during the billing period, outstanding balances, and the minimum payment due. 6. Disputed Charges: If you believe there is an error or discrepancy in your monthly statement, you must notify us within [number] days of receiving the statement. Failure to do so will be deemed as accepting the charges indicated on the statement. 7. Account Termination: We reserve the right to terminate your charge account at any time without prior notice should you fail to comply with the terms and conditions outlined herein or if your creditworthiness deteriorates. Please keep this letter for your record and sign the attached copy to indicate your acceptance of these terms and conditions. Return the signed copy to us at the address mentioned above. Should you have any questions or require further assistance, feel free to contact our customer service team at [phone number] or [email address]. We value your business and look forward to serving you efficiently. Thank you for choosing our company. Sincerely, [Your Name] [Your Title] [Company Name] Enclosure: Charge Account Terms and Conditions Agreement
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.