Wednesday, January 25, 2017

Sample Letter to Notify Customer That Credit Limit Has Been Exceeded


Sample Tender Submission Letter

Request Letter to Customer to Bring His Balance Down to the Approved Credit Limit.

January 25, 2017

Name of Customer
Account No: [insert]
Name of Branch
Address

Sub: Request for Payment against Exceeded Credit Line.

Dear Sir,

We highly value you as one of our cautious customers since you have a well-disciplined transaction history. However, our office record indicates that in [insert month] your credit limit has been exceeded. Informatively, your credit limit is [insert amount] while your account shows a debit of [insert amount].

Under the above circumstance, we would highly appreciate if you kindly forward us a payment of [insert amount], to bring your balance down to the approved limit.

We believe, this was just an oversight and we will get full co-operation from your end with regard to settling this issue.

In the event that you are unable to comply with this request, we suggest that you visit the bank as soon as possible in order to avoid possible legal actions.

Yours faithfully,

Handwritten Signature
(Name of Officer)
Designation

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