KYDEI ENTERPRISE (H.K) CO.LTD.
29-32/F., 30 Queen?s Road Central, Hong Kong,
HONG KONG.
Dear Sir/Madam,
We the management, members and staff of Kydei Enterprise (H.K)co. ltd, will be
very glad if you can represent us in your country as a medium of receiving
payments for goods supplied to our customers in North America. We deal in
Chinese art and interior design and the global need for our goods has given
rise to a significant increase in our customer base world wide. Commission for
your services is subject to negotiation upon acceptance of our proposal. In
anticipation of your acceptance of our proposal, I am taking the liberty of
explaining in detail the requirements and need for your services.
I am an exporter based in Hong Kong who exports Chinese art and interior
design. Due to the growing trend for the need for Chinese arts and interior
design in North America and the world in general, there has been an upsurge in
my customer base and the need for me to expand my business to meet up with the
new responsibility at hand. I assume you understand the need for every business
to grow and expand to increase profit. As a result of this development, I have
had the need to extend my customer base to North America. However, it is only
logical that changes are put in place to meet up with the demands of a speedy
intercontinental monetary transaction as time is always a factor in effective
business management. To give you a better understanding of what your
responsibilities will be as my private payment agent, it is important that you
understand some difficulties that I am faced with pr
esently in receiving funds from clients in North America.
Firstly, most payments for goods are drawn in checks and it takes approximately
two-four weeks for checks from other continents to clear with our local banks.
These delays mostly result in our late response to orders and we sometimes
loose clients to other suppliers.
Secondly, we experience high tariffs and foreign exchange charges as funds will
have to be converted by our banks to local currencies as they are cleared with
our banks and re converted to foreign currency as we place orders for supplies
from our international suppliers. As you can see, the back and forth process of
currency conversion, results to high charges for foreign exchange thereby
resulting to increase in cost of doing business. But with your assistance,
funds that are to be used for supplies will be sent directly by you to my
supplies there by avoiding the intercontinental banking processing time between
Asia and North America.
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