Paperless Statements Clause Samples
The Paperless Statements clause establishes that account statements and related communications will be provided electronically rather than in paper form. Typically, this means customers access their statements through an online portal or receive them via email, and may be required to maintain a valid email address on file. This clause streamlines communication, reduces environmental impact, and ensures faster delivery of important account information by eliminating the need for physical mail.
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Paperless Statements. If we provide statements or bills to you electronically, you understand and agree that (i) certain documents will continue to be delivered to you via U.S. mail that are not included in the Paperless Statements program and that in the future, some or all of these documents may be made available for you to view electronically in accordance with this Agreement; (ii) we may revoke your participation in the Paperless Statements program (or any other electronic delivery program) at any time at our discretion; (iii) neither we, nor our agents or Service Providers will be liable for any loss, liability, cost, expense, or claim for acting upon this authorization or arising from my use of any product or the Online Services provided pursuant to this Agreement; and (iv) inserts that may be provided along with your statements or bills contain important information or disclosures concerning your Account, and you agree to review such inserts in a timely manner. If there are multiple owners on an account, you agree that we may send a statement or ▇▇▇▇ electronically, or a notification that an electronic version of the statement or ▇▇▇▇ is ready to be viewed through the Online Services, to a single obligor on such account who has elected to receive Paperless Statements and that we are under no obligation to send the remaining accounts owners a statement. We may always, in our sole discretion, provide you with statements, bills, or any other Communications, in paper format even if you have authorized electronic delivery
Paperless Statements. You may elect to suppress paper Account statements and receive periodic Account statements in electronic form only by selecting “Paperless Statements” for eligible Accounts through your Digital Banking preferences. In such case, we will make your periodic Account statements for each selected Account available through Digital Banking and you will no longer receive paper statements in the mail. We may advise you that Paperless Statements are available to review by: (i) sending you information by email; (ii) displaying a notice on your Eligible Mobile Device; or (iii) sending you a Secure Message. You may withdraw your consent to suppress paper Account statements and receive Paperless Statements only by calling us at the Contact Number or by changing your preferences within Digital Banking. Changing your statement preferences may result in a fee or change in fee for some Accounts. Please refer to your Account Agreement and/or applicable product disclosure for additional information.
Paperless Statements. Copies of Company’s Periodic Statements are available through Online Banking. Company may choose to discontinue receiving paper statements through U.S. Mail upon request at any time by updating Account Owner’s settings through Online Banking. If Company has chosen to discontinue receiving paper statements, Company can revoke previous request at any time with no fee, by logging into Online Banking for Mortgages or by notifying Bank.
Paperless Statements. Copies of Company’s Periodic Statements are available through Online Banking. Bank may automatically enroll Company in Paperless Statements for all business Accounts associated with the Entities documented in the Agreement or any future addendums. If Company chooses to receive Periodic Statements through the U.S. Mail, a System Manager or System User can revoke Paperless Statements at any time. Bank’s standard statement delivery fee pursuant to the applicable fee schedule or any other fee proposal provided in writing will apply for the delivery of Periodic Statements through the U.S. Mail. Company should allow ten (10) Business Days to process the revocation of Paperless Statements. In addition:
a. Company must have access to a computer which is able to comply with and adhere to the software and hardware requirements which are required to enable the electronic delivery of bank statements as well as access to the statements, which includes having appropriate browser software, such as Microsoft Edge, Mozilla Firefox, Google Chrome or Apple Safari.
b. Documents may be in Portable Document Format (PDF). In order to view, download, and print a PDF document, Company must have Adobe Acrobat Reader software or another PDF viewer. Company can download Adobe Acrobat Reader at no charge from Adobe’s website.
c. Bank may change the hardware and software required to obtain Paperless Statements at any time with ten (10) calendar days advance notice to Company. If Company chooses not to obtain the new hardware or software, Company may withdraw consent for Paperless Statements and Periodic Statements will then be delivered by U.S. Mail. Bank’s standard statement delivery fee pursuant to applicable fee schedule or any other fee proposal provided in writing will apply. Company will remain liable for any other fees disclosed.
Paperless Statements. Personal Accounts linked to Online Banking will not be automatically enrolled in Paperless Statements. A System Manager or a System User must opt-in to Paperless Statements through Business Online Banking, or an Account Owner on Personal Account through a separate System specifically used to provide Services for Personal Online Banking. MORTGAGE ACCOUNTS LINKED TO ONLINE BANKING
Paperless Statements. Personal Accounts linked to Online Banking will not be automatically enrolled in Paperless Statements. A System Manager or a System User must opt-in to Paperless Statements through Online Banking, or an Account Owner on Personal Account through a separate System specifically used to provide Services for Personal Online Banking. ADDENDUM 13 - MORTGAGE ACCOUNTS LINKED TO ONLINE BANKING
1. Mortgage Accounts. Company may request Bank to link access to Mortgage Accounts through Company’s Online Banking Services in order to permit Company to view both Mortgage Accounts and Company Accounts in one location. Company acknowledges that the Mortgage Accounts will continue to be governed by applicable account agreements and related documentation. Additionally, Mortgage Accounts may receive additional protections under applicable laws that are not available to Company Accounts. Nothing in the Agreement shall be construed to expand the legal protections governing Mortgage Accounts to Company Accounts.
Paperless Statements. Copies of your Periodic Statements are available through Online Banking. You may choose to discontinue receiving paper statements through U.S. Mail upon request at any time by updating your setting through Online Banking. If you have chosen to discontinue receiving paper statements, you can revoke your previous request at any time with no fee, by logging into Online Banking or by calling us at ▇▇▇.▇▇▇.▇▇▇▇ or ▇▇▇.▇▇▇.▇▇▇▇ or writing to us at: Bell Bank, PO Box 10877, Fargo ND 58106-0877.
a. You must have access to a computer which is able to comply with and adhere to the software and hardware requirements which are required to enable the electronic delivery of Periodic Statements as well as your access to the statements, which includes having appropriate App or browser software, such as Microsoft Edge, Google Chrome, Mozilla Firefox, Safari, or equivalent software. You agree that you are able to meet such software and hardware requirements.
b. Documents may be in Portable Document Format (PDF). In order to view, download, and print a PDF document, you must have Adobe Acrobat Reader software or another PDF Viewer. You can download Adobe Acrobat Reader at no charge from Adobe’s website.
c. We may change the hardware and software required at any time with ten
Paperless Statements. Copies of Third-Party Sender’s Periodic Statements are available through Online Banking. Bank may automatically enroll Third-Party Sender in Paperless Statements for all business Accounts associated with the Entities documented in the Agreement or any future addendums. If Third-Party Sender chooses to receive Periodic Statements through the U.S. Mail, a System Manager or System User can revoke Paperless Statements at any time. Bank’s standard statement delivery fee pursuant to the applicable fee schedule or any other fee proposal provided in writing will apply for the delivery of Periodic Statements through the U.S. Mail. Third-Party Sender should allow ten
Paperless Statements. Copies of your Periodic Statements are available through Online Banking. You may choose to discontinue receiving paper statements through U.S. Mail upon request at any time by updating your settings through Online Banking. If you have chosen to discontinue receiving your paper statements, you can revoke your previous request at any time with no fee, by logging into online banking for Mortgages or by calling us at ▇▇▇.▇▇▇.▇▇▇▇ or ▇▇▇.▇▇▇.▇▇▇▇ or writing us at Bell Bank, P.O. Box 10877, Fargo, ND 58106-0877.