Dear Sirs,
We have thoroughly considered the terms of payment discussed with your Mr Wu.We are in agreement with your proposals and hereby give you in writing the terms and conditions which have been agreed upon as follows:
(1)Your terms of payment are confirmed,irrevocable L/C with draft at sight instead of D/P at sight.
(2)The price quoted to us are net with no discount whatsoever.
The above terms of payment were approved by our manager and will be acted upon accordingly.The relative order is now being prepared and will be sent to you in the course of next week.
Taking this opportunity,we would like to inform you that our representative at the forthcoming Guangzhou Fair will be Mr Brown,who will doubtlessly write to you about it.We sincerely hope that future discussions between our two companies will result in further business to our mutual advantage.