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Account Opening Terms Letter Template








Date: [l-Date]

To: [r-Name]

From: [s-Name]


Dear [r-FName]:

Thank you for opening an account with our company.  As a leader in this industry, we can assure you that our products and services will not disappoint you.

I would like to take this opportunity to briefly explain our terms and conditions for maintaining an open account with [s-Company].  Invoices are payable within 30 days of receipt.  A 2% discount is available if payment is remitted within ten (10) days of receipt.  We consider this 10-day discount incentive an excellent opportunity for our customers to increase their profit margin. Therefore, encourage the use of this discount privilege whenever possible.

At various times throughout the year we may offer our customers additional discounts on our products.  Customers are advised to take full advantage in combining any additional discount(s) offered and then calculating in the 2% discount for early payment.

As the credit manager, I will be happy to answer any questions you may have regarding your new account.

Welcome to our family of customers.

Best regards,



[s-Name]