TLA: Refer to Maker Cheques

Abe Olandres Editor-in-chief November 30, 2006 · 1 min read

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Looks like the issue with Text Link Ads isn’t over yet. I just receive notice from my bank as well that my September cheque from TLA was returned. Migs was the first one who mentioned this about 2 weeks ago.

So there goes my measly $304.89 cheque returned to me and my bank account deducted by the same amount plus a $20 processing fee. *ouch*

Ajay did mention to me though that after she reported the incident to Patrick Gavin of TLA, she was promised to have a new payment re-issued which will also cover the bank charges. *whew*

Apparently, TLA has been a victim of forgery. They had to change their bank accounts because of this development.

The new cheques for October and November will bear the new bank accounts and if you received a new one recently, you will notice that the cheque numbers have reset. The September ones are in the 5000 range and the new cheques are now back to 1000-ish.

Hopefully, there’ll be no more incidents like these in the future. :D

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Abe Olandres

Editor-in-chief

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and is considered by many as the Father of Tech Blogging in the Philippines.

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30 Comments

Dane Helger · 16 years ago

http://kline.rizon.net/vbulletin/member.php?u=10407

Coco Sugar · 17 years ago

On encashing US cheques and local bank accounts.

If you have an existing Peso account with BPI, just deposit the said cheque to your peso account. There’s no need to open a dollar account.

More details here.

Mira · 19 years ago

Yuga thanks for replying and info, pero kasi pounds ito sabi saken it will take 2 months pa bago ko makuha for collection daw sabi sa Equitable Bank peso account kasi ako. kaya balak ko nalng ipapalit kaysa naman abutin pa ng pasko diba? ganun din naman. kainis nga bigay kasi ito ng bf ko british, pwede naman siya mag pa door to door bakit cheque pa. thanks anyways

Abe Olandres Editor-in-chief · 19 years ago

Mira, you need to open a US dollar bank account in any bank nearest you. It’s only $100 with BDO. Then you can deposit the cheque there and wait for the 20 day clearing period.

Mira · 19 years ago

hi there! jhay ask ko lang saan ka nagpapalit ng foreign checks? meron kasi ako uk cheque eh pwede kaya dun sa money changer nyo? hope to reply me soon or paki suyo nalang text me 0915******* please thanks so much

Miguel · 20 years ago

Philippines PayPal accounts are only for sending money.

Brendan · 20 years ago

Perhaps I am missing something, but can you not switch to paypal (at least temporarily) whilst TLA sorts out their issues? Or is there some limit on paypal payments?

Just a thought.

Miguel · 20 years ago

Huge for us, but Abe makes that much in… how many days? Oops Secret!!

issai marie · 20 years ago

300 is a big amount of money…

Miguel · 20 years ago

Must be huge.

Kates · 20 years ago

I got 4 cheques returned today. 2 publisher and 2 affiliates. Unlike yuga I won’t disclose mine. :)

Miguel · 20 years ago

Better get your own USD account, the fact that a third party like the moneychanger can encash your cheque sounds iffy to me.

jhay · 20 years ago

I wonder if my town’s local money changer has had troubles with the TLA cheques I had converted in to pesos with them. I don’t have a dollar bank account and I was lucky our local town money changer accepts foreign cheques.

Guess, I better check up on them to see if they had the same problems, they may not accept my future TLA cheques if that were the case.

helga · 15 years ago

hi. i wanna know the name of the town ur referring to because i think i really need to change my check into money changers because we have the same case,pls let me know how long then you able to get the money into peso? thanks a lot.