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DEMAND LETTER

January 17, 2023

RAMUALD T. BANTAYANON
Poblacion No. 1, Dauin
Negros Oriental

Dear Mr. Bantayanon,

I am writing you this letter in reference with your unpaid loans in the total amount of THIRTY-
TWO THOUSAND TWO HUNDRED FORTY-SEVEN AND EIGHTY-FOUR
HUNDREDTHS ONLY. It was also agreed upon that the amortization of your loans shall be
deducted from your BPI ATM Card with Card No. 536347 0003 9781 81.

Your total unpaid obligations and accrued legal interest are computed as follows:

Loan date: August 18, 2022 Maturity Date: December 16, 2022
Loan Balance ₱ 8,100.00
Accrued Interest ₱ 1,347.85
Total: ₱ 9,447.84

Loan date: September 19, 2022 Maturity Date: July 16, 2022
Loan Balance ₱ 22,800.00
Accrued Interest ₱ 0.00
Total: ₱ 22,800.00

₱ 32,247.84

Please be reminded that we tried using your BPI ATM Card with Card No. 536347 0003 9781 81
last October 15, 2022, but the said BPI ATM Card with Card No. 536347 0003 9781 81 has zero
balance/insufficient funds.

Please settle your loans immediately from receipt of this demand letter. Otherwise, I will be
compelled to pursue appropriate legal actions.

Thank you in advance for your prompt attention to this matter. I look forward to hearing from
you.

Received by: Baby Q. Chiong


CEO/MANAGER

RAMUALD T. BANTAYANON 32 San Juan Street,


Date: __________________ Barangay 5, Dumaguete
City Negros Oriental 6200
Tel. No: (035)541-1585
Cell. No: 0998-135-5017

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