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Can I stop paper bank statements?


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Old 05-12-2008, 14:20
Jmoo
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It seems such a waste of paper now everything I do is online. I have three accounts and Barclays keep sending me them. No information about stopping them though.
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Old 05-12-2008, 14:23
roland rat
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It seems such a waste of paper now everything I do is online. I have three accounts and Barclays keep sending me them. No information about stopping them though.
I assume, Barclays have online banking, if they do, enquire to open an account

Go online, open your account, and then ask to stop paper billing, as you will check your statements online
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Old 05-12-2008, 14:24
Jmoo
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I am with online banking. I just can't find anywhere to stop them.

Ah I've Googled it and they give this response: "Unfortunately we are unable to stop sending out paper statements by post. As a financial institution, we are legally bound to send hard copy statements to all cardholders if there is a balance owing on their account."
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Old 05-12-2008, 16:06
Shambly
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I also tried this with Barclays a while ago. For now at least I've stopped the monthly deluge of post from all my various accounts with them by moving it to an annual paper statement.
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Old 05-12-2008, 17:45
Claires_dad
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LloydsTSB give you the option to stop receiving paper statements when using their online banking.

However I would advise people to keep receiving paper statements especially if they want to apply for a mortgage etc.

A lot of lenders will ask to see the last 6 months statements and those printed online will not normally be acceptable.
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Old 05-12-2008, 17:56
tellyadict
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LloydsTSB give you the option to stop receiving paper statements when using their online banking.

However I would advise people to keep receiving paper statements especially if they want to apply for a mortgage etc.

A lot of lenders will ask to see the last 6 months statements and those printed online will not normally be acceptable.
True, I was told that by a Broker this week
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Old 05-12-2008, 18:10
scorpio man
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I don't have paper statements sent out, if I need any official one's my bank will print out whichever month(s) i require while i wait.
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Old 05-12-2008, 18:36
Richard46
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Both American Express and first direct have offered to stop sending snail mail and I have accepted. American Express even offered a cash reward. Neither has stopped sending me statements etc by post.
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Old 05-12-2008, 19:56
grellow
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What did your bank say when you asked them?
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Old 05-12-2008, 20:10
hugsie
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LloydsTSB give you the option to stop receiving paper statements when using their online banking.

However I would advise people to keep receiving paper statements especially if they want to apply for a mortgage etc.

A lot of lenders will ask to see the last 6 months statements and those printed online will not normally be acceptable.
You can request official printed statements as required from Lloyds TSB if you do not have them normally
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Old 05-12-2008, 20:18
scorpio man
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What did your bank say when you asked them?
If you asking me the above quote,........ they said, no problem Mr ****** take a seat, would you like a quote for a loan while your waiting
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Old 05-12-2008, 22:11
Claires_dad
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You can request official printed statements as required from Lloyds TSB if you do not have them normally
But if you've already got them, you want have to wait
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Old 05-12-2008, 22:13
hugsie
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But if you've already got them, you want have to wait

It takes two days to recieve them, it is rare you would not know that far in advance that you need them.
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Old 06-12-2008, 10:21
pickledlily
 
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I bank on line with HSBC, and haven't had paper statements for my current accounts for over a year now. They have an option on their web site to stop paper statements.

I do still get a paper statement for my credit card, even when there's no balance or payment outstanding.

I keep a paper file with my transactions in, so I can look back and see where I am spending my money.
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Old 06-12-2008, 12:11
kwscott
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I dont get paper statements theirs an option in the internet banking otiond to stop them
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Old 06-12-2008, 12:23
IslandNiles
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With RBS, it's optional; I have recently switched to online statements only. I seemed to be getting them all the time, and I use online banking so frequently that I never even looked at them anyway, so this is a better option.
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Old 06-12-2008, 13:39
JS Bach
 
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Same with me: the LTSB don't send me paper statements - it's all dealt with online.
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Old 06-12-2008, 17:02
WindChim
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I also tried this with Barclays a while ago. For now at least I've stopped the monthly deluge of post from all my various accounts with them by moving it to an annual paper statement.
I've done this with Barclays too ... unfortunately it means I'll get a massive one next Autumn, but they said if I call up the month before it's due out, they can move the date for another year, which is cool as it's a lot of paper to waste!
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Old 06-12-2008, 17:20
Toilet-Duck
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Same with Natwest once you sign up there an option to "Change the way you recieve statements" you can stop or start them from online under my account.
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Old 06-12-2008, 18:06
*_ellie_*
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Ironically, I am getting no statements from Barclays right now and am having a hard time getting them back since I started using a dormant account again recently
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