F. Lynch & Co. Ltd
Head Office
Nesson House
B3 3EL
Telephone: +44 (0)21 236 6571
Fax: +44 (0)21 236 8592
Email: pcrane@lynch.co.uk
www.lynch.com
Your ref:
Our ref: Order 14463
16 June 20¨C¨C
Satex S.p.A.
Via di Pietra Papa
00146 Roma
ITALY
Attn Mr D. Causio
Dear Mr Causio
Thank you for being so prompt in sending the documents for our last order, No. 14463. We have accepted the sight bill (vadesiz senet), and the bank should send you an advice shortly.
We have been dealing with you on a cash against documents basis for over a year and would like to change to payment by 40-day bill of exchange (senet), documents against acceptance.
When we first contacted you last February you told us that you would be prepared to reconsider terms of payment once we had established a trading association. We think that sufficient time has elapsed for us to be allowed the terms we have asked for. If you need references, we will be glad to supply them.
As we are planning to send another order within the month, could you please confirm that you agree to these new terms of payment?
Yours sincerely
Peter Crane
Peter Crane
Chief Buyer
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