{"id":78911,"date":"2021-06-01T11:01:50","date_gmt":"2021-06-01T03:01:50","guid":{"rendered":"https:\/\/mycitihomes.com.ph\/?post_type=guide&p=78911"},"modified":"2023-05-30T16:27:54","modified_gmt":"2023-05-30T08:27:54","slug":"pull-out-and-replacement-of-checks","status":"publish","type":"guide","link":"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/","title":{"rendered":"Pull-out and replacement of checks"},"content":{"rendered":"\r\n
\r\n
\r\n

In cases of insufficient funds, stopped payment or closed accounts you can always request for your check to be pulled out or replaced. You can directly coordinate with your Account Officer and send a written request to pull-out his check(s) at a minimum of Seven (7) working days before the date of next check<\/p>\r\n

    \r\n
  1. \r\n
      \r\n
    1. Check pull-out fee is five hundred Pesos (Php 500.00) per check<\/li>\r\n
    2. No pullout fee is required given the following<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n
        \r\n
      1. \r\n
          \r\n
        1. \r\n
            \r\n
          1. advance-principal or full payment, or if it is due to bank failure \/ closure<\/li>\r\n
          2. refinancing from Inhouse to external financing, but the checks\u2019 pullout shall be allowed only after loan takeout<\/li>\r\n
          3. for external financing fees\u2019 PDCs, provided that the buyer has already paid the outstanding fees\u2019 amount<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n

            Once replacement checks have been submitted, the old checks will be made available for release after the following the number of days upon verification of the Treasury Department:<\/p>\r\n

              \r\n
            1. \r\n
                \r\n
              1. Seven (7) banking days if the check is available at the Treasury Department<\/li>\r\n
              2. Fifteen (15) banking days if check is in warehoused banks<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n

                The Principal Buyer or his\/her authorized representative (with Authorization Letter and 2 valid Government issued IDs with claim stub provided during request of pulling out the check\/s) is the only one allowed to request pull-out or replacement of check.<\/p>\r\n

                Note<\/b>: Pull-out and replacement of checks may also pertain to a change of bank account, change of payment term, replacement of lump sum \/ guaranty check, conversion to bank financing, and paying in full. Same number of days shall be applied in releasing the old checks under these circumstances.<\/p>\r\n<\/div>\r\n<\/div>\r\n","protected":false},"menu_order":0,"template":"template-fullwidth.php","categories":[42],"class_list":["post-78911","guide","type-guide","status-publish","hentry","category-buyers-guide"],"yoast_head":"\nPull-out and replacement of checks - CBDI<\/title>\n<meta name=\"description\" content=\"Once replacement checks have been submitted, the old checks will be made available for release after the following the number of days upon verification of the Treasury Department\" \/>\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=\"Pull-out and replacement of checks - CBDI\" \/>\n<meta property=\"og:description\" content=\"Once replacement checks have been submitted, the old checks will be made available for release after the following the number of days upon verification of the Treasury Department\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-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=\"2023-05-30T08:27:54+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=\"2 minutes\" \/>\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\/pull-out-and-replacement-of-checks\/\",\"url\":\"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/\",\"name\":\"Pull-out and replacement of checks - CBDI\",\"isPartOf\":{\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/#website\"},\"datePublished\":\"2021-06-01T03:01:50+00:00\",\"dateModified\":\"2023-05-30T08:27:54+00:00\",\"description\":\"Once replacement checks have been submitted, the old checks will be made available for release after the following the number of days upon verification of the Treasury Department\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cbdi.com.ph\/staging\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Guides\",\"item\":\"https:\/\/www.cbdi.com.ph\/staging\/guide\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Pull-out and replacement of checks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/#website\",\"url\":\"https:\/\/www.cbdi.com.ph\/staging\/\",\"name\":\"CBDI\",\"description\":\"Building from the Heart\",\"publisher\":{\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/#organization\"},\"alternateName\":\"CBDI\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cbdi.com.ph\/staging\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/#organization\",\"name\":\"CBDI\",\"alternateName\":\"CBDI\",\"url\":\"https:\/\/www.cbdi.com.ph\/staging\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.cbdi.com.ph\/wp-content\/uploads\/2025\/11\/affordable-house-lot-cavite-batangas-quality-homes-cbdi-favicon.png?fit=512%2C512&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.cbdi.com.ph\/wp-content\/uploads\/2025\/11\/affordable-house-lot-cavite-batangas-quality-homes-cbdi-favicon.png?fit=512%2C512&ssl=1\",\"width\":512,\"height\":512,\"caption\":\"CBDI\"},\"image\":{\"@id\":\"https:\/\/www.cbdi.com.ph\/staging\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/CBDIOfficial\/\",\"https:\/\/x.com\/mycitihomes\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pull-out and replacement of checks - CBDI","description":"Once replacement checks have been submitted, the old checks will be made available for release after the following the number of days upon verification of the Treasury Department","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Pull-out and replacement of checks - CBDI","og_description":"Once replacement checks have been submitted, the old checks will be made available for release after the following the number of days upon verification of the Treasury Department","og_url":"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/","og_site_name":"CBDI","article_publisher":"https:\/\/www.facebook.com\/CBDIOfficial\/","article_modified_time":"2023-05-30T08:27:54+00:00","og_image":[{"url":"https:\/\/mycitihomes.com.ph\/wp-content\/uploads\/2022\/08\/a2.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_site":"@mycitihomes","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/","url":"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/","name":"Pull-out and replacement of checks - CBDI","isPartOf":{"@id":"https:\/\/www.cbdi.com.ph\/staging\/#website"},"datePublished":"2021-06-01T03:01:50+00:00","dateModified":"2023-05-30T08:27:54+00:00","description":"Once replacement checks have been submitted, the old checks will be made available for release after the following the number of days upon verification of the Treasury Department","breadcrumb":{"@id":"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.cbdi.com.ph\/staging\/guide\/pull-out-and-replacement-of-checks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cbdi.com.ph\/staging\/"},{"@type":"ListItem","position":2,"name":"Guides","item":"https:\/\/www.cbdi.com.ph\/staging\/guide\/"},{"@type":"ListItem","position":3,"name":"Pull-out and replacement of checks"}]},{"@type":"WebSite","@id":"https:\/\/www.cbdi.com.ph\/staging\/#website","url":"https:\/\/www.cbdi.com.ph\/staging\/","name":"CBDI","description":"Building from the Heart","publisher":{"@id":"https:\/\/www.cbdi.com.ph\/staging\/#organization"},"alternateName":"CBDI","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cbdi.com.ph\/staging\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/www.cbdi.com.ph\/staging\/#organization","name":"CBDI","alternateName":"CBDI","url":"https:\/\/www.cbdi.com.ph\/staging\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/www.cbdi.com.ph\/staging\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.cbdi.com.ph\/wp-content\/uploads\/2025\/11\/affordable-house-lot-cavite-batangas-quality-homes-cbdi-favicon.png?fit=512%2C512&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cbdi.com.ph\/wp-content\/uploads\/2025\/11\/affordable-house-lot-cavite-batangas-quality-homes-cbdi-favicon.png?fit=512%2C512&ssl=1","width":512,"height":512,"caption":"CBDI"},"image":{"@id":"https:\/\/www.cbdi.com.ph\/staging\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/CBDIOfficial\/","https:\/\/x.com\/mycitihomes"]}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.cbdi.com.ph\/staging\/wp-json\/wp\/v2\/guide\/78911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cbdi.com.ph\/staging\/wp-json\/wp\/v2\/guide"}],"about":[{"href":"https:\/\/www.cbdi.com.ph\/staging\/wp-json\/wp\/v2\/types\/guide"}],"wp:attachment":[{"href":"https:\/\/www.cbdi.com.ph\/staging\/wp-json\/wp\/v2\/media?parent=78911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cbdi.com.ph\/staging\/wp-json\/wp\/v2\/categories?post=78911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}