Fee Increase Letter
A fee increase letter is a formal document used by businesses, educational institutions, service providers, and other organizations to notify customers, clients, or members about an upcoming adjustment in fees. It serves as a professional way to communicate necessary changes while maintaining transparency and trust.
Typically, a Fee Increase Letter includes key details such as the reason for the fee adjustment, the effective date, and any transitional considerations, such as honoring previous rates for advance payments. Additionally, the letter often acknowledges the value of the relationship with the recipient and provides contact information for further inquiries.
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