Passbooks. 7.1 Passbooks will only be issued to seniors or persons beyond the age of 65 years. Account statements will be issued quarterly and will be mailed to the address on record. Accounts without the proper mailing address will not receive a quarterly statement, but may request a statement from any branch of the Bank or may download the statement from the Bank’s Online Banking. For Passbook Holders: 7.2 Your passbook is for reference only and is not conclusive as to the current balance of your Account since deposits or withdrawals may be made or charges debited to your Account without production of the passbook. 7.3 Where the number of transactions which are not entered or posted in the passbook reach a certain number as we may determine from time to time, the transactions may be consolidated and only the aggregate credit and debit amounts shall be printed in the passbook when it is updated. 7.4 If you lose or damage your passbook, we may impose a prevailing prescribed fee for issuing a new passbook to you and may debit this fee from your Account.
Appears in 3 contracts
Sources: Account Terms and Conditions Agreement, Account Terms and Conditions Agreement, Terms and Conditions Agreement