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#726200 - 05/03/07 05:47 PM Monthly charges vs. quarterly statements
FRC Offline
Junior Member
Joined: Apr 2007
Posts: 35
I have looked into this and do not see why it can't be done. My bank wants to begin service charging accounts monthly, but send the statemetns quarterly. I did not see where it can not be done. Any comments?
Last edited by Ken_Pegasus; 05/04/07 12:17 AM.
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Deposits and Payments
#726705 - 05/04/07 01:41 PM Re: Monthly charges vs. quarterly statements FRC
Tricia Offline
Gold Star
Joined: May 2004
Posts: 458
Smack dab in the middle of IL
We do this with our savings accounts. We have monthly service charges but mail statements out monthly. I believe the only time you have to send statements out monthly is if there are any electronic transacations such as direct deposit, ACH, ATM, etc.
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#727954 - 05/08/07 11:04 AM Re: Monthly charges vs. quarterly statements Tricia
FRC Offline
Junior Member
Joined: Apr 2007
Posts: 35
thats what i thought

Thanks

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