Threatening letter to the Bank

Phone....

CAPITAL FORWARDING COMPANY

234 -Mount Street, SINGAPORE

No.................. Registered Post

Date 11th Jun, 20…..

The Manager,

.................... Bank Limited,

………………

………………

Sub: Our documents for US$.............. in the name Of Messrs……

Dear Sir(s),

The above documents were sent to you vide our registered letter No. 1293, dated 14th April 20…….

It was clearly mentioned in the last para which reads as: "THE DOCUMENTS SHOULD BE RETURNED TO US, IF NOT CLEARED WITHIN 20 DAYS".

Accordingly, we should have received either a bank draft or the uncleared documents latest by 14th May, 20…..

Having failed to hear anything from you upto 14th May, 20…..we issued you a reminder on 16th May, 20….bearing No.397 requesting you once again to

either send us a bank draft or return the .documents and the para concerning the subject reads as:

"A draft for the amount should therefore be sent to us by return of post. If by any chance the documents are still uncleared, they must be returned to us by return of post."

We are now convinced that you are withholding our payment deliberately and we have no choice except to insist for the same. Should we therefore fail to receive our payment before 21st June, 20…. , we shall be obliged to proceed legally at "your risk and cost. At the same time in case the documents are now returned to us, they will be refused at your risk and cost.

Thanking you,

Yours faithfully,

For Capital Forwarding Company

Accountant

Note: The other way of forwarding documents to the bank of your client is to forward the same through your own bank. This system is however, generally avoided as it leads to delay in delivery of documents as also amount to double bank expense—one that of your own bank and second that of your client bank.

Foreign bills are generally routed through your own bankers.