Demand to Endorsers for Immediate Payment Template

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Demand to Endorsers for Immediate Payment Template

[DATE] 

Dear [RECIPIENT NAME],

This notice is hereby given by the holder of [DETAIL], to which you are an endorser. The aforementioned negotiable instrument is deemed not received as payment pursuant to the agreed terms and conditions in the [NAME] agreement.

Thus, this letter serves as a protest and demand to you for your immediate payment of such negotiable instrument having the face amount of USD[NUMBER] in accordance with the terms and conditions of the said agreement.

If you fail to procure the negotiable instrument with the face amount specified within [NUMBER] days after the receipt of this demand, the undersigned shall commence and proceed to file a suit in relation to your warranties of endorsement.

Please be guided accordingly.

Regards,

[YOUR SIGNATURE] 

[YOUR NAME]