Scribd Logo
Upload

Welcome to Scribd!

  • 34 views

    Suspension of Credit Facilities Letter

    Uploaded by

    Sudershan Thaiba
    The letter notifies Tourico Holidays that InterContinental Bali Resort is suspending their credit facilities because Tourico failed to respond to previous requests to renew their credit application and set a clear credit limit. Going forward, all bookings from Tourico will need to be prepaid instead of using credit. The resort regrets enforcing this policy but must comply with their standard procedure for obtaining credit.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Suspension of Credit Facilities Letter

    Uploaded by

    Sudershan Thaiba
    34 views1 page
    The letter notifies Tourico Holidays that InterContinental Bali Resort is suspending their credit facilities because Tourico failed to respond to previous requests to renew their credit application and set a clear credit limit. Going forward, all bookings from Tourico will need to be prepaid instead of using credit. The resort regrets enforcing this policy but must comply with their standard procedure for obtaining credit.

    Original Description:

    Suspension of Credit Facilities Letter

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The letter notifies Tourico Holidays that InterContinental Bali Resort is suspending their credit facilities because Tourico failed to respond to previous requests to renew their credit application and set a clear credit limit. Going forward, all bookings from Tourico will need to be prepaid instead of using credit. The resort regrets enforcing this policy but must comply with their standard procedure for obtaining credit.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    34 views1 page

    Suspension of Credit Facilities Letter

    Uploaded by

    Sudershan Thaiba
    The letter notifies Tourico Holidays that InterContinental Bali Resort is suspending their credit facilities because Tourico failed to respond to previous requests to renew their credit application and set a clear credit limit. Going forward, all bookings from Tourico will need to be prepaid instead of using credit. The resort regrets enforcing this policy but must comply with their standard procedure for obtaining credit.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    6 May, 2015

    TOURICO HOLIDAYS
    Suite 4000
    220 East Central Parkway Altamonte Springs
    Florida 32701

    Tel: 407 667 8700


    Fax: -

    RE: SUSPENSION OF CREDIT FACILITIES

    Dear Sir / Madam,

    Greeting from InterContinental Bali Resort!

    As part of our policy in obtaining credit facility in our Resort, we need to get complete credit
    application with clear credit limit set. To comply with this standard, we have sent
    correspondences to you asking for renewal of credit application which we have not received any
    respond. At such, we regret to inform that we are unable to continue granting credit facilities to
    your company and all future bookings will have to be on a prepayment basis.

    We regret having to enforce this policy and if you require any further clarifications, please do not
    hesitate to contact us.

    Yours sincerely,

    Laurensia Febianti
    Assistant Director of Finance and Business Support

    cc: Sales & Marketing

    You might also like