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What is Penalties for Bouncing Checks in the Philippines about?

This document discusses the penalties for bouncing checks under B.P. Blg. 22, which penalizes the making or drawing of checks without sufficient funds. It summarizes recent Supreme Court rulings that have modified the penalties to remove imprisonment and instead impose only fines, with the maximum fine being double the amount of the bounced check. The Administrative Circular disseminates this new policy to lower courts to apply only fines for violations of B.P. Blg. 22 going forward.

Author

Adi Lim

Language

EN