Statements, Confirmations and Other Correspondence Clause Samples

The "Statements, Confirmations and Other Correspondence" clause governs the delivery and receipt of official communications between parties, such as account statements, transaction confirmations, and other formal notices. It typically outlines the methods by which these documents are sent—such as by mail, email, or electronic platform—and may specify when such communications are deemed received or effective. This clause ensures that both parties have a clear and agreed-upon process for exchanging important information, reducing the risk of misunderstandings or disputes regarding the status of accounts or transactions.