Statement Options Clause Samples
The 'Statement Options' clause defines the choices or alternatives available for making formal statements within an agreement or process. It typically outlines the specific forms, formats, or types of statements that parties may use, such as written declarations, electronic submissions, or standardized templates. By clearly specifying these options, the clause ensures consistency and clarity in communication, reducing the risk of misunderstandings or disputes over how statements should be made.
Statement Options. ▇▇▇▇▇▇▇ Savings Bank offers the ability for you to receive your statements electronically, free of charge. You may enroll for this service via the eStatement tab within Online Banking. If you do not enroll you will continue to receive your regular account statement either monthly or quarterly, depending on the type of account. Once you enroll for eStatements, any statement account(s) that you subsequently open and access via Online Banking will automatically receive eStatements. You may request paper statements on any account at any time, however this may require the removal of the account(s) from Online Banking.
Statement Options eStatement 6 No Charge Paper Statement with Safekeeping 1 $3/month* Paper Statement with Images $4/month* * Primary customers age 62+ are not charged for paper statements. Minimum Deposit to Open $50.00 Minimum Daily Balance Requirements: 7 $200.00 and over No Charge $0.00 to $199.99 $5.49/cycle Closed before Disbursement Loss of Interest + $29.99 Early Withdrawal $29.99
Statement Options eStatement 6 No Charge Paper Statement with Safekeeping 1 $3/month* Paper Statement with Images $4/month* * Primary customers age 62+ are not charged for paper statements. Minimum Deposit to Open $1.00 Monthly Service Charge $7/month* Foreign ATM Fee $3.49 Official Checks (up to 2 per month) No Charge Stop Payment Orders (up to 5 per month) No Charge Assisted Transfers by Phone or In-Person No Charge eStatement 6 or Paper Statements No Charge * Primary customers under 18 years of age will not be assessed the monthly service charge for this account. Minimum Deposit to Open $1.00 Monthly Service Charge $9/month* Foreign ATM Fee No Charge Official Checks (up to 2 per month) No Charge Stop Payment Orders (up to 5 per month) No Charge Assisted Transfers by Phone or In-Person No Charge eStatement 6 or Paper Statements No Charge *Avoid the monthly service charge of $9 by maintaining a $2,500 average monthly balance in this account. Minimum Deposit to Open $1.00 Closed before Disbursement Loss of Interest + $29.99 Early Withdrawal $29.99 Minimum Deposit to Open $1.00 Minimum Daily Balance Requirements 7 None Minimum Deposit to Open $1.00 Additional Withdrawals over Six (6) $37.49/each Minimum Daily Balance Requirements: 7 $2,500.00 and over No Charge $0.00 to $2,499.99 $16.49/month Includes choice of Check Safekeeping 1 or Images. Transfers and withdrawals to another account or to third parties by preauthorized, automatic, telephone, computer transfers, check, draft, or similar order to third parties is limited to only six (6) per month or statement cycle. Minimum Deposit to Open $1.00 Monthly Service Charge $10/month Foreign ATM Fee No Charge Official Checks (up to 2 per month) No Charge Stop Payment Orders (up to 5 per month) No Charge Assisted Transfers by Phone or In-Person No Charge eStatement 6 or Paper Statements No Charge Minimum Deposit to Open $1.00 Minimum Daily Balance Requirements 7 $0.00 • Plus, a $5.99 Continuous Overdraft Fee per day that the account remains overdrawn beginning on the fourth consecutive business day the account is overdrawn • We do not charge the Overdraft Fee on your account when we determine that your account is overdrawn by a total amount less than $10.00 after we finish processing for the day. Daily maximum amount charged is limited to $240.00 • Plus, a $5.99 Continuous Overdraft Fee per day that the account remains overdrawn beginning on the fourth consecutive business day the account is overdrawn The types of transactions tha...