Document background
The Client Transfer Letter is a critical business document used in the Philippines when a company needs to formally notify and transfer its clients to another service provider. This can occur during various business scenarios such as mergers, acquisitions, business restructuring, or strategic partnerships. The document must comply with Philippine legislation, including the Data Privacy Act of 2012, the Civil Code, and relevant industry-specific regulations. It serves multiple purposes: providing formal notice to clients, explaining the transfer rationale, outlining any service changes, detailing data handling procedures, and specifying required client actions. The letter typically includes information about both the current and new service providers, transfer timeline, impact on existing services, and contact information for queries. It's essential for maintaining transparency and ensuring smooth client transitions while meeting legal and regulatory obligations in the Philippine business context.
