{"id":78909,"date":"2021-06-01T11:00:01","date_gmt":"2021-06-01T03:00:01","guid":{"rendered":"https:\/\/mycitihomes.com.ph\/?post_type=guide&p=78909"},"modified":"2023-01-09T16:23:08","modified_gmt":"2023-01-09T08:23:08","slug":"holding-of-checks","status":"publish","type":"guide","link":"https:\/\/www.cbdi.com.ph\/staging\/guide\/holding-of-checks\/","title":{"rendered":"Holding of checks"},"content":{"rendered":"\r\n
\r\n
\r\n

To Request for Hold Deposit or Payment of your check, you must submit a written request to hold the deposit of his check at a minimum of seven (7) working days before check\u2019s payment date.<\/p>

    1. The buyer\u2019s letter must specify the date of the check\u2019s re-deposit<\/li>
    2. The time limit to hold deposit of any check is Fifteen (15) days<\/li>
    3. Only one (1) check may be requested for hold deposit at a time<\/li>
    4. Subsequent months\u2019 checks shall be deposited according to schedule<\/li>
    5. Hold Deposit Penalty \u2013 this is currently set at three percent (3%) of the check\u2019s amount, wherein a fraction of a month is considered one month. <\/li>
    6. Check-holding fee is five hundred Pesos (Php 500.00) per check<\/li><\/ol><\/li><\/ol> \r\n <\/div>\r\n <\/div>\r\n","protected":false},"menu_order":0,"template":"template-fullwidth.php","categories":[42],"class_list":["post-78909","guide","type-guide","status-publish","hentry","category-buyers-guide"],"yoast_head":"\nHolding of checks - CBDI<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Holding of checks - CBDI\" \/>\n<meta property=\"og:description\" content=\"To Request for Hold Deposit or Payment of your check, you must submit a written request to hold the deposit of his check at a minimum of seven (7) working ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cbdi.com.ph\/staging\/guide\/holding-of-checks\/\" \/>\n<meta property=\"og:site_name\" content=\"CBDI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CBDIOfficial\/\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-09T08:23:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mycitihomes.com.ph\/wp-content\/uploads\/2022\/08\/a2.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@mycitihomes\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/guide\/holding-of-checks\/\",\"url\":\"https:\/\/www.cbdi.com.ph\/staging\/guide\/holding-of-checks\/\",\"name\":\"Holding of checks - 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