This letter would be addressed to any third party customer on behalf your customer allowing them the accesses the withdrawal of amount as request by the customer. The letter is way to tell them about how the transactions can be processed as per the agreement reached between both parties. To, Arjun Singh, Project Manager, Tough Rubber Manufacturers, Noida. 28 th Sept’ 2010 Subject: Letter of Credit Dear Mr. Arjun Singh, As a Branch Manager of Globus Bank, I am writing to you referring to the request made by our customer, Trek Raw Materials Pvt. Ltd., to provide you with the payment as per your requirement for the completion of the project you have undertaken. We would credit the amount to the applicants account with our bank, Indore branch, and the transaction would be non-cumulative and would be on fortnightly basis. As per the agreement between both the parties we would allow you to utilized Rs. 4,000 every fortnight. All the drawing must be repaid to us at our Head office ...