Halifax paper free statements letter

GTR_King

Hi there 😀, 

anyone else receive this letter recently just wondering! 

HillStreetBlues

Looks like you left your name on statement

fatbelly

I got the same letter today, from Lloyds

GTR_King

Well seems like they want all customers to go paper free & reducing there printing operations!

If & when they eventually stop paper statements for good, I will move to another bank that offers that service for free!

Nasqueron

GTR_King said:

Well seems like they want all customers to go paper free & reducing there printing operations!

If & when they eventually stop paper statements for good, I will move to another bank that offers that service for free!

The way it's going thankfully, more money for the bank, share price higher, good for us. Less chopping down trees for pointless paper copies that are a massive security risk for the user when the data / statement is available immediately on the web/app. I hope they start charging for the people who want to cost the banks money

GTR_King

The banks do need to make more money off us lol 😂 

they gotta claw some money back, charging for paper statements is the way to go! Other countries do this already

mr_stripey

seems fair enough. Most people don't want paper statements so printing for the shrinking proportion of those that do costs more. 

Barkin

GTR_King said:

Hi there 😀, 

anyone else receive this letter recently just wondering! 

Nope. Haven't had paper statements for many years.

GTR_King

Agreed if banks charge for example £3-5 a month for proper quality statements that would be better 

that way more people will chose online instead 

mr_stripey

GTR_King said:

Agreed if banks charge for example £3-5 a month for proper quality statements that would be better 

that way more people will chose online instead 

how do you mean by proper quality statements? They all say the same thing, just on paper rather than online

The biggest advantage of online (for me) is I check mine daily. Waiting a month for it to drop through the door is too long. 

mta999

Paper statements are good if you are old because when the time comes and your executor needs to apply for probate they will need to know if you have given any gifts in the last seven years

So either the executors apply for the bank statements when they need them or you just get them and save them up for your executor