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Sunday, 12 June 2011

What is dunning letter?,What is collection letter?

Features of a dunning letter

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What is dunning letter?,What is collection letter?,Features of a dunning letter
What is dunning letter? What do you mean by dunning and collection letter? Briefly discuss the features of a dunning letter.
Letter that written to make formal request to the debtors for paying the dues. That is when debtors delay the payment, and then they need to be given reminder by the seller. Thus it can be stated that collection letters are written to provide formal reminder to the debtors to clear of the debts.

Features of Dunning letter:
Collection letters serve specific purpose, thus it has some unique features which are as follows:
1. Specific objective.
2. Used for prompt collection.
3. Formal but persuasive tone of language.
4. Specific structure.
5. Tone of confidence.
6. Documentary evidence maintained.
7. Send through formal system

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