Notice of Check NSF

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Recipient Information

{{customer_name}}

{{customer_address}}

Subject: Notice of Insufficient Funds (NSF) for Cheque No. {{cheque_number}}

Dear {{customer_name}},

Details of Dishonoured Cheque

This letter serves as a formal notification that Cheque No. {{cheque_number}}, dated {{cheque_date}}, in the amount of {{amount}} ({{amount_in_words}}), issued by you in favour of {{company_name}}, has been dishonoured by your bank due to 'Insufficient Funds' (NSF).

Demand for Immediate Payment

We hereby demand immediate payment of the outstanding amount of {{amount}} ({{amount_in_words}}). In addition to the principal amount, please be advised that a bank charge of {{bank_charge_amount}} for the dishonoured cheque, and an administrative fee of {{admin_fee_amount}} have been levied. The total amount now due and payable is {{total_amount_due}}.

Payment Options

Please remit the total outstanding amount of {{total_amount_due}} within {{number_of_days}} ({{number_of_days_in_words}}) days from the date of this letter. Payment can be made via:

1. Electronic Funds Transfer (EFT) to: Bank Name: {{bank_name}}, Account Name: {{company_name}}, Account Number: {{bank_account_number}}, Branch Code: {{branch_code}}.

2. Direct deposit at any branch of {{bank_name}} to the account details provided above.

3. Payment in cash or via card at our offices located at {{company_address}} during business hours.

Consequences of Non-Payment

Failure to make full payment of {{total_amount_due}} within the stipulated {{number_of_days}} days will result in further action. This may include, but is not limited to, the initiation of legal proceedings to recover the debt, referral to credit bureaus which may negatively impact your credit rating, and the accrual of interest on the outstanding amount at a rate of {{interest_rate}}% per annum from the due date until full settlement.

Contact Information

Should you have any queries or wish to discuss this matter, please contact our accounts department at {{phone}} or via email at {{email}}.

Sincerely,

{{your_name}}

{{your_title}}

Signature

_________________________

Authorised Signature