Notice of Dishonor for Bounced Check - Template Form Pro · PH-law
✓ Valid in Philippines · drafted to comply with local law
Create your Notice of Dishonor for Bounced Check - Template Form for use in Philippines. Answer a few plain-English questions and the document fills in automatically as you go — then download it in Word and PDF, ready to sign or share. This version has been professionally rewritten to comply with local law.
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________
________
Contact No.: ________
Email: ________
________
________
________
Re: NOTICE OF DISHONOR AND DEMAND FOR PAYMENT
Dear ________,
This letter serves as formal written notice, pursuant to Section 2 of Batas Pambansa Bilang 22 (the Bouncing Checks Law) and the pertinent provisions of the Negotiable Instruments Law (Act No. 2031), that the following check issued and drawn by you has been DISHONORED upon presentment:
Drawee Bank: ________
Branch: ________
Check No.: ________
Date of Check: ________
Amount in Words: ________
Amount in Figures: \u20b1________
\u00a7 1. Reason for Dishonor. The aforesaid check was presented for payment on ________ but was dishonored by the drawee bank for the reason of "________" (e.g., Drawn Against Insufficient Funds / Account Closed / Stop Payment), as evidenced by the bank's return slip / notation appearing on the dorsal portion of the said check.
\u00a7 2. Underlying Obligation. The said check was issued by you in payment of the following obligation: ________, which obligation remains valid, due, demandable, and unpaid as of the date of this notice.
\u00a7 3. Demand for Payment. Formal and final demand is hereby made upon you to settle and pay the full face value of the dishonored check in the amount of \u20b1________, in cash or in manager's check, within five (5) banking days from your receipt of this notice, in accordance with Section 2 of Batas Pambansa Bilang 22. Payment may be made or coordinated at the following address: ________.
Trusting that you will give this matter your preferential and immediate attention to avoid the inconvenience and expense of litigation.
Very truly yours,
________
Sender / Payee
MANNER OF SERVICE
This Notice of Dishonor was delivered upon the recipient by:
______ Registered Mail / Courier (with proof of service) by: ________
______ Personal Service by: ________
ACKNOWLEDGEMENT OF RECEIPT
(for personal delivery only)
I, ________, hereby acknowledge actual receipt of the original copy of this Notice of Dishonor and Demand for Payment on ________ at ________.
________
Signature over Printed Name of Recipient
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