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Farewell Letter To Clients Template for Saudi Arabia

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Key Requirements PROMPT example:

Farewell Letter To Clients

"I need a Farewell Letter to Clients for my financial advisory practice in Riyadh, as I'm retiring and transferring my client portfolio to my successor effective March 15, 2025; the letter should emphasize my 20-year relationship with clients and introduce my replacement advisor."

Document background
The Farewell Letter to Clients is a crucial business communication document used when a professional is leaving an organization or when a business relationship is being transferred in Saudi Arabia. This document serves as an official notification to clients about changes in their business relationship while maintaining professional standards and compliance with Saudi Arabian commercial law. The letter should be drafted with consideration for Islamic business principles and local business customs, including appropriate expressions of gratitude and respect. It typically includes information about the transition timeline, future arrangements, and new contact persons. The document is particularly important in maintaining client relationships during transitions and ensures proper handling of business continuity in accordance with Saudi Arabian regulatory requirements.
Suggested Sections

1. Date and Address Block: Current date and proper business letter formatting with client's address if being sent physically

2. Greeting and Opening: Professional salutation and opening that personalizes the letter to the specific client

3. Announcement of Departure: Clear and direct statement about leaving the organization or closing the business

4. Expression of Gratitude: Acknowledgment of the client relationship and appreciation for their business

5. Transition Information: Details about what will happen next, including last day of service/operation

6. Future Arrangements: Information about who will handle their business going forward

7. Contact Information: New contact details or reference to who they should contact in the future

8. Closing: Professional closing with appropriate sign-off and signature block

Optional Sections

1. Reason for Departure: Brief explanation of the departure if appropriate and beneficial to share

2. Historical Reference: Brief mention of significant milestones or length of relationship, useful for long-term clients

3. Specific Project Status: Update on ongoing projects or transactions, if applicable

4. Handover Process: Detailed transition plan for complex client relationships

5. Future Business Opportunities: If maintaining professional contact is desired and permitted by any non-compete agreements

6. Islamic Business Ethics Statement: Reference to Islamic business principles if relevant to the business relationship

Suggested Schedules

1. Contact Information Sheet: Detailed list of new contact persons and their roles

2. Transition Timeline: If the transition is complex and requires multiple steps

3. Outstanding Matters List: Summary of any pending matters or projects that need attention

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions















Clauses














Relevant Industries

Professional Services

Financial Services

Legal Services

Healthcare

Consulting

Real Estate

Insurance

Banking

Technology Services

Education

Construction

Retail

Manufacturing

Telecommunications

Relevant Teams

Client Services

Account Management

Business Development

Sales

Customer Relations

Professional Services

Legal

Financial Advisory

Corporate Communications

Operations

Project Management

Relevant Roles

Account Manager

Relationship Manager

Business Owner

Managing Director

Partner

Financial Advisor

Legal Consultant

Medical Professional

Insurance Agent

Real Estate Agent

Sales Executive

Business Consultant

Project Manager

Client Service Manager

Portfolio Manager

Investment Advisor

Department Head

Regional Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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