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Notice of Dishonor for Returned Check

This notice informs the recipient that a check they used for payment was dishonored due to [cause not specified]. The payment has been reversed and the recipient's liability has been reinstated. They are requested to settle the account in cash or certified check within 5 days, otherwise criminal action may be taken under the Revised Penal Code and Batas Pambansa Blg. 22 for issuing a bad check.

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Grace Perez
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341 views1 page

Notice of Dishonor for Returned Check

This notice informs the recipient that a check they used for payment was dishonored due to [cause not specified]. The payment has been reversed and the recipient's liability has been reinstated. They are requested to settle the account in cash or certified check within 5 days, otherwise criminal action may be taken under the Revised Penal Code and Batas Pambansa Blg. 22 for issuing a bad check.

Uploaded by

Grace Perez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Annex B

NOTICE OF DISHONOR

_______________________
_______________________
_______________________

Sir/Madam:

You are hereby notified that your (name of bank) Check No. _________ dated
__________, 20__, in the amount of P__________ paid to us and acknowledged by our
Official Receipt No. __________ dated ___________, 20__ has been deposited but was
dishonored and returned to us due to __________________________.

In view thereof, we have, today, reversed the payment recorded and reinstated your
liability in the same manner as if you had never tendered any payment.

Please settle your account in cash or by certified check to the undersigned within
five days from receipt of this notice. Otherwise, we will be constrained to institute
criminal action against you as may be warranted under Article 315 of the Revised Penal
Code and Batas Pambansa Blg. 22.

Very truly yours,

_______________________
(Head of Agency)

By:

_______________________
(Collecting Officer)

Note: The last paragraph applies only to cases where the cause of the dishonor of the check is
lack or insufficiency of funds. Where the check is dishonored by reason of defect in form,
such as incomplete signature or the like, the following paragraph should be used in lieu of
the aforementioned last paragraph.

Please settle your account in cash or by certified check to the undersigned within
three days from receipt of this notice. Otherwise, we will be constrained to initiate
appropriate action to enforce our claim.

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