29  December 2015
Non-Acceptance of Check with Erasure, Alteration and/or Deficiency Notice.

Dear Clients,

Effective January 04, 2016, the following shall no longer be accepted for clearing:

Any issued check with erasures or alteration on the following:

  • Date
  • Name of the Payee
    (whether indicated as "Cash" or "Bearer" or "Holder" or a specific name or any other word phrase of identification)
  • Amount in figures
  • Amount in words
  • Signature of the drawer/s or the Drawer's signatory/ies
  • Account Name
  • Account Number
  • Check Number, or
  • MICR characters

 

OR

Any check that does not indicate the following:

  • Date
  • Payee
  • Amount payable in figures
  • Amount payable in words
    except for checks issued by bank (Manager's Cashier's Checks, Demand Drafts) using a check writer
  • Signature of the Drawer/s

 

 
  • A proud member of: BancNet and PDIC. Deposits are inqured by PDIC up P1 Million per depositor.
  • Maybank Philippines Inc. is regulated by the Bangko Sentral ng Pilipinas (BSP). For inquiries or concerns, please call our Customer care at (02) 8588 3888, PLDT Domestic Toll-Free number 1-800-10 588 3888, or email at mpi.customerservice@maybank.com.

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