Insurance Company Intimating About Dishonor Of A Cheque

Dear Sir,

Your cheque no.12345 for USD2300 on the Bank Of Shanghai, in payment of advance premium under the above proposal has been returned to us unpaid with the reason, ‘REFER TO DRAWER”.

Our premium-deposit BOC12345, dated 01.06.2xxx, issued to you, therefore, stands cancelled. We shall thank you to send us immediately a fresh remittance of USD2300 in lieu of the dishonored cheque. In the meantime the dishonored cheque is retained by us pending fresh payment or return of receipt deposit memorandum issued to you.

Yours faithfully,

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