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Bounced Check Fees

Please note that effective February 1, 2015, Philequity Management will be increasing its fees for bounced checks.

A fee of Php 1,000.00 will be charged for any bounced check received.
For the second bounced check under the same account, a fee of Php 2,000.00 will apply.
For the third bounced check under the same account, a fee of Php 2,000.00 AND any succeeding investments funded by checks will no longer be accepted for the corresponding accounts.

Please contact our office or your agent for any clarifications