Frequency Bank Statements are sent out

[cork]

I switched over to Ulster bank recently - they send out lots of statements. Can you adjust the frequency statements are sent out by banks?

My old bank used send them very rarely.

 

[mathepac]

Yes - some banks seem to have a "default" schedule, that appears to be triggered by the level of activity on the account e.g. current accounts monthly, interest bearing accounts quarterly or whenever interest is paid, long-term investment accounts annually, mortgage account annually with certificate of interest paid, etc.

I am not an UB customer, but my bank sends me statements as often as I want; monthly, annually, quarterly as I deem appropriate for the type of account

More frequent statements on certain types of accounts, may incur charges, AFAIK.

 

[Dropout]

I opened a current account with AIB last september and I havent received a statement yet, just wondering if this is normal. Surely I should have gotten one by now?

 

[mathepac]

Ring them and ask.