Common use of ACCOUNT STATEMENT Clause in Contracts

ACCOUNT STATEMENT. 5.1. The Bank sends the Account Statement, which includes the breakdown of all debit and credit records of the Credit Card for the relevant period, and shows the date of cut-off and last payment for the next period, by mail to the address of the Customer or electronically upon the request of the Customer. If the Account Statement is sent electronically upon the customer's request, these notifications shall be also valid. Notifications to be made to the Customer shall also be binding for the Supplementary Card holders. The Bank is not obliged to send Account Statement to the Supplementary Card Holders, and the Customer accepts this situation. In the Account Statement sent to the Customer, the expenditures made by the Supplementary Card holders are also shown. Changes in the Account Statement periods are notified to the Customer within the Account Statement..