diff --git a/account_credit_control/__openerp__.py b/account_credit_control/__openerp__.py
index 003486a41..4aca6c4b0 100644
--- a/account_credit_control/__openerp__.py
+++ b/account_credit_control/__openerp__.py
@@ -19,7 +19,7 @@
 #
 ##############################################################################
 {'name': 'Account Credit Control',
- 'version': '0.2.0',
+ 'version': '0.3.0',
  'author': "Camptocamp,Odoo Community Association (OCA)",
  'maintainer': 'Camptocamp',
  'category': 'Finance',
diff --git a/account_credit_control/migrations/0.3/post-migration.py b/account_credit_control/migrations/0.3/post-migration.py
new file mode 100644
index 000000000..0bc929983
--- /dev/null
+++ b/account_credit_control/migrations/0.3/post-migration.py
@@ -0,0 +1,26 @@
+# -*- encoding: utf-8 -*-
+import logging
+from openerp import SUPERUSER_ID
+from openerp.modules.registry import RegistryManager
+
+uid = SUPERUSER_ID
+
+__name__ = 'Change custom_mail_text text field to hmtl field'
+_logger = logging.getLogger(__name__)
+
+
+def migrate_replace_text_with_html(cr, registry):
+    cr.execute("""update credit_control_policy_level set
+                  custom_mail_text=regexp_replace(custom_mail_text, E'[\\n]',
+                                                  '<br/>','g')""")
+    cr.execute("""update ir_translation set
+                  value=regexp_replace(value, E'[\\n]','<br/>','g')
+                  where name='credit.control.policy.level,custom_mail_text'""")
+
+
+def migrate(cr, version):
+    if not version:
+        # it is the installation of the module
+        return
+    registry = RegistryManager.get(cr.dbname)
+    migrate_replace_text_with_html(cr, registry)