What does the account letter mean?

A reconciliation letter is a written notice containing information such as account balance and transaction records, which is convenient for both parties to check accounts. Usually, the reconciliation letter is issued by the financial department or banking institution to ensure the accuracy of the accounts and the interests of both parties.

Reconciliation letters are usually used for commercial transactions, especially for large companies and institutions involving many transactions. By sending a reconciliation letter, we can prevent problems such as discrepancies between accounts and facts, mistakes and omissions, and find problems accordingly and solve them in time.

At the same time, the statement is a legal document with legal effect. The receiver needs to check and confirm its contents, and if there is any dispute, the reconciliation letter can also be used as one of the evidences. Therefore, the accuracy and timeliness of subject correspondence is very important and needs to be paid attention to.