What are fee letter templates?

A fee letter template is a document with established legal language that informs the recipient of fees charged, incurred or due. The template leaves blank spaces for the name of the recipient, the amount of the fee, the sender's information and any specific language related to the recipient's account.

Fee letter templates are often used when companies, banks or business owners need to send out similar letters to multiple recipients. The template allows the user to fill in the customer's information quickly and to change the amount of the fee without having to write a new letter for each recipient when fees are due or have changed.