Unit 3 Status Enquities.pptVIP

Unit 3 Status Enquiries Status enquiries are those written communications in which trader request information concerning the financial position, credit, reputation, and business methods of other firms. Status enquiries, often referred to as bankers references, have been with us for more than a century. Although other sources of relevant information have become available more recently (such as credit reference agencies), many businesses still regard status enquiries as a useful source of information about those with whom they may wish to do