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Demand For BP 22

Piolo C. Pascual wrote a demand letter to Cardo A. Dalisay regarding a bounced check for 50,000 pesos issued in payment for landscaping services. The check was dishonored by BPI due to insufficient funds in the account. Pascual demands payment within 5 days as required by law, and warns that failure to pay constitutes a fraudulent act punishable under law.

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Jhon Dave Macatol
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127 views1 page

Demand For BP 22

Piolo C. Pascual wrote a demand letter to Cardo A. Dalisay regarding a bounced check for 50,000 pesos issued in payment for landscaping services. The check was dishonored by BPI due to insufficient funds in the account. Pascual demands payment within 5 days as required by law, and warns that failure to pay constitutes a fraudulent act punishable under law.

Uploaded by

Jhon Dave Macatol
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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January 17, 2020

From: PIOLO C. PASCUAL


Buhangin Davao City

To: CARDO A. DALISAY


Bajada, Davao City

Re: Demand Letter for Bounced Check

Dear Sir:
I regret to advise you that Bank of the Philippine Islands (BPI) Check
No. 143436 dated December 15, 2019 for the sum of P50,000.00
issued by you in payment of the landscaping service has been
dishonored by the drawee bank for the reason: drawn against
insufficient funds/ account closed.
Pursuant to the Provision of Batas Pambansa Bilang 22, in
conjunction with Republic Act 4885, I would ask you to make
necessary arrangement for the full payment by the drawee bank of
your check within five (5) banking days after receipt of this notice.
Needless to state, in this connection, your failure to do so is a prima
facie evidence of deceit constituting false pretense or fraudulent act
punishable under the law.
Please be guided accordingly.

Very truly yours,

PIOLO C. PASCUAL

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