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TO BE COMPLETED ON COMPANY LETTERHEAD To:Citibank, N.A., South Africa Branch 145 West Street Sundown, Sand ton 2196ELECTRONIC DELIVERY OF MONTHLY ACCOUNT/ BANK STATEMENTS Company Name, (the Account
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How to fill out e-statement instruction agreement
How to fill out e-statement instruction agreement
01
Start by logging in to your online banking account.
02
Navigate to the 'Settings' or 'Preferences' section of your account.
03
Look for an option related to e-statements or electronic statements.
04
Click on the option to enroll or sign up for e-statements.
05
Read and review the terms and conditions of the e-statement instruction agreement.
06
If you agree to the terms, click on the checkbox or button to indicate your consent.
07
Follow any additional prompts or steps to complete the enrollment process.
08
Once you have successfully enrolled, you will start receiving your statements electronically instead of through regular mail.
09
Make sure to regularly check your registered email or online banking portal for notifications about new statements.
10
If you ever wish to switch back to receiving paper statements, simply follow the same steps and look for an option to unsubscribe from e-statements.
Who needs e-statement instruction agreement?
01
E-statement instruction agreement is beneficial for anyone who wants to receive their account statements electronically rather than through traditional mail.
02
This option is especially useful for individuals who prefer a paperless approach, as it reduces clutter and the need for physical storage of statements.
03
Additionally, e-statements are often more secure than physical mail, as they are protected by encryption and can only be accessed through online banking credentials.
04
Many financial institutions also offer incentives, such as reduced fees or bonus rewards, for opting for e-statements.
05
Therefore, anyone who has access to online banking and wants a convenient, secure, and environmentally-friendly way to receive and manage their account statements can benefit from e-statement instruction agreement.
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What is e-statement instruction agreement?
The e-statement instruction agreement is a document that authorizes a financial institution to send account statements electronically instead of via mail.
Who is required to file e-statement instruction agreement?
Customers who wish to receive their account statements electronically are required to file an e-statement instruction agreement.
How to fill out e-statement instruction agreement?
To fill out the e-statement instruction agreement, customers need to provide their account information, contact details, and consent to receive electronic statements.
What is the purpose of e-statement instruction agreement?
The purpose of the e-statement instruction agreement is to reduce paper waste, increase convenience, and improve security for account statements.
What information must be reported on e-statement instruction agreement?
The e-statement instruction agreement must include the customer's account number, name, address, email, and signature.
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