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Stopping bank statements

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  • 07-01-2010 9:43pm
    #1
    Morgan Gifted Seeker
    Posts: 0 ✭✭✭ Morgan Gifted Seeker


    I have three accounts with Ulster Bank and one with Halifax. Is it possible to stop them sending out statements? I have internet banking so they're unnecessary really. I'm also worried about disposing of them and identity theft. I don't have a shredder so am forced to cut them up with a scissors.


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    #2
    namloc1980
    Registered Users Posts: 18,244 ✭✭✭✭namloc1980


    Deleted User wrote: »
    I have three accounts with Ulster Bank and one with Halifax. Is it possible to stop them sending out statements? I have internet banking so they're unnecessary really. I'm also worried about disposing of them and identity theft. I don't have a shredder so am forced to cut them up with a scissors.

    Bank's are obliged by Law to send you out a statement of account at least once a year. You can't stop them doing it...they have to do it by Law. I know AIB allow you to have your statements available on internet banking as PDF files instead of posting them out....do Ulster Bank have this option on their internet banking?


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    #3
    Morgan Gifted Seeker
    Posts: 0 ✭✭✭ Morgan Gifted Seeker


    namloc1980 wrote: »
    Bank's are obliged by Law to send you out a statement of account at least once a year. You can't stop them doing it...they have to do it by Law. I know AIB allow you to have your statements available on internet banking as PDF files instead of posting them out....do Ulster Bank have this option on their internet banking?
    Not that I know of but I will have a look. Once a year would be better than the deluge I'm getting at the moment.


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    #4
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭Toots


    If they don't do an email statement just ask them to change your statement frequency to annual or every six months. I had to do this too because I was just being inundated with statements that I didn't need. It's worked well so far, although it was quite funny when my last statement arrived, it was 15 pages long!


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    #5
    jimoc
    Registered Users Posts: 634 ✭✭✭jimoc


    With BOI I only get one statement per year as I do all my banking online.
    I assume they were clever enough to realise this as I never actually told them so they must have had some way of finding out I check the bank account regularly (once I day cause I'm paranoid and broke :) )

    Of course it doesn't actually help save the environment, since my last statement arrived in 8 different envelopes with 5 pages in each one!!


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    #6
    Morgan Gifted Seeker
    Posts: 0 ✭✭✭ Morgan Gifted Seeker


    Yeah went to both the Halifax and Ulster today and got it changed to once a year.


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