When a bank or credit card company issues a credit card to an individual, there is a certain credit limit on the card. For example, a client has the credit limit of $50,000 per month where another client has the credit limit of $100,000 per month. This depends on the Credit Card Company and income…

A formal letter that is written by individuals or companies and corporations to bank managers in order to ask them to provide a mortgage loan is known as the application letter for new mortgage loan. This letter is different from the simple loan request letter. In most cases, this request letter is addressed to the…

Letter of Credit

A letter of credit is an official document which is issued by a company or business to assure another party (seller, vendor) that the goods or services have been received and soon the buyer will pay the amount he owes in return of that services or products. This is a document that proves that the…


A financial letter is a letter related to money and its transactions and deals with the finance related problems. A financial letter is created for a number or purposes which includes both financial and account related issues. A firm issues a financial letter to get financial aid from a bank, organization or corporate firm when…