Dear :
The terms you quoted in your fax of [date] are quite satisfactory, and we have enclosed our order, # for [quantity] of [products].
We have instructed our bank, [bank], to open an irrevocable letter of credit for $ in your favor. This should cover c.i.f. shipment and bank charges. The credit is valid until [date]. You will receive confirmation from our bank's agents , and you may draw on them at days for the amount of the invoice. You will be required to present the following documents when submitting your draft:
We will expect your consignment by the end of next month. Please fax or call us as soon as you have arranged shipment.
Sincerely yours,
[name]
[title]
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