Promissory Note & Bills of Exchange
Full Procedure & Fees

This page sets out the full private procedure and fees for dealing with a claim using a Promissory Note and Bill of Exchange from creation, presentment and 7-day notice, through to final notice of non-acceptance and preparation to strike and negate the balance under the Bills of Exchange Act 1882 (sections 34–35).

Once all five stages of the Promissory Note & Bills of Exchange process have been completed and the matter has been fully documented, the client may choose to progress their case through FPC-UK, an independent private arbitration venue operating strictly under private agreement.

This option allows for a contractual determination based solely on the evidence, notices and non-acceptance recorded throughout the process.

FPC-UK is not a public court and does not provide legal or financial advice. Any determination issued applies only within private contractual capacity and with the consent of the parties involved.

All work is done in private capacity and subject to separate client agreement, we handle all communications from start to finish.

Stage 1 – Creation of Promissory Note & Bill of Exchange

We draft a bespoke Promissory Note and corresponding Bill of Exchange for your specific claim (credit card, loan, mortgage shortfall, utility, business account, etc.).
Includes: fact-finding call, document review, tailored wording, and final PDFs ready for print and signature.

Stage 2 – Presentment & 7-Day Notice

We guide you in serving the Promissory Note and Bill of Exchange on the third party with clear 7-day terms for acceptance or non-acceptance.
Includes: covering notice, service instructions, and template proof-of-service record.

Stage 3 – Final Notice of Non-Acceptance

If the third party fails to accept, honour or rebut within the time allowed, we prepare a Final Notice of Non-Acceptance setting out their dishonour, the timeframes given, and the consequences under your private contract.

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Stage 4 – Strike & Negate Balance (BoE 1882 ss.34–35)

Based on the recorded non-acceptance, we prepare the paperwork to move to strike and negate the balance under sections 34–35 of the Bills of Exchange Act 1882, using your notices and evidence of fair warning as the foundation.

Stage 5 – Motion & Award Preparation

For clients who wish to proceed, we prepare the documentation for you to obtain a motion and seek an award in your favour, based on the third party’s non-acceptance and the completed notice process.
Our work covers drafting the motion bundle and setting out your evidence and chronology. Court or arbitration filing fees are additional at cost.

Full Procedure Package – Start to Award

All five stages in one package: creation of Note & Bill, presentment and 7-day notice, Final Notice of Non-Acceptance, strike/negate preparation under the Bills of Exchange Act 1882, and motion/award.

Fee:
Full Package price: from £950

(Payment plan available on request.)

This private process is not legal advice, financial advice or regulated activity. All documents are prepared under private contract and private capacity only.

Start the Process

Complete this form to begin. We will review your situation, confirm which stages you need, and send a written quote before any work starts.

Promissory Note & Bills of Exchange Full Procedure & Fees

Start the Process

Promissory Note & Bills of Exchange
Full Procedure & Fees