Credit letters are issued by the bank as a grantee and assurance of genuine and honesty of purchasing as well as selling party. Whatever may be terms and conditions mentioned in the credit letter should be agreed by the selling as well purchasing party. The bank plays the mediator between the selling and purchasing party through issuing credit letter. Mr. Dorothy B. Estrada Branch Manager National Bank of Laurel Pvt. Ltd 4279 Flanigan Oaks Drive Laurel, MD 20707 27 September 2010 Subject: CREDIT REFERENCE LETTER Dear, Mr. Dorothy I am Mr. Robert C. Hayes owner of the Hayes Industries Pvt. Ltd I own a current account in your bank since past 6 years and my transaction record with your branch is very good. I have always received great honor and respect from your bank whenever I visited to your branch. I am very please to hear that your bank support the new talented and sincere entrepreneurs who wanted to started their own enterprise. But for that a strong reference or guarantee is require...