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1. Letter Header: Company letterhead, date, reference number, and recipient details
2. Salutation: Formal greeting to the recipient
3. Purpose Statement: Clear statement that this letter confirms the approval of a cash advance
4. Advance Details: Specific amount of the cash advance, currency, and date of advance
5. Repayment Terms: Details of how and when the advance must be repaid, including any profit rate (avoiding interest terminology for Sharia compliance)
6. Source of Funds: Declaration of the source of funds for anti-money laundering compliance
7. Usage Requirements: Any restrictions or requirements regarding how the advance may be used
8. Bank Details: Account details for disbursement of the advance
9. Acknowledgment: Space for recipient to acknowledge and accept the terms
10. Closing: Formal letter closing, signature block, and company stamp
1. Guarantor Details: Required when the advance needs a guarantor, including guarantor's details and acknowledgment
2. Security Details: Required when the advance is secured against specific assets or collateral
3. Project Reference: Required when the advance is tied to a specific project or contract
4. Foreign Exchange Provisions: Required when the advance involves cross-border transactions or foreign currency
5. Early Repayment Terms: Optional section detailing terms for early repayment if permitted
1. Repayment Schedule: Detailed breakdown of repayment dates and amounts
2. KYC Documentation: List of required Know Your Customer documents to be attached
3. Authorization Evidence: Copies of corporate authorizations or board resolutions approving the advance
4. Security Documentation: If applicable, details of any security or collateral documentation
Banking & Financial Services
Construction
Real Estate
Oil & Gas
Trading & Commerce
Manufacturing
Hospitality
Retail
Professional Services
Transportation & Logistics
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Banking
Credit
Operations
Commercial
Corporate Secretariat
Chief Financial Officer
Finance Director
Treasury Manager
Financial Controller
Credit Manager
Legal Counsel
Compliance Officer
Risk Manager
Corporate Banking Manager
Finance Manager
Accounts Manager
Company Secretary
Managing Director
Commercial Director
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