Common use of Account Statement Clause in Contracts

Account Statement. (1) The Bank shall prepare an Account Statement as of the end of each calendar month and provide it in such electromagnetic form as designated by the Bank in order to confirm the fact of deposit, withdrawal, or other transactions, but shall not issue a passbook or any other such document. (2) Notwithstanding the provision of the foregoing paragraph, in addition to providing the Account Statement in an electromagnetic form, the written Account Statement may be issued and mailed to a customer’s registered address at such time and in such manner as prescribed by the Bank at the request of the customer or where designated by the Bank. (3) When the Bank issues an Account Statement in writing, the Bank, in principle, shall prepare and issue it as of the end of every certain number of calendar months as prescribed by the Bank (hereinafter referred to as a "Certain Period"). However, the written Account Statement may be prepared and issued as of the end of each month at the request of the customer or where designated by the Bank. (4) Notwithstanding the provisions of the two preceding paragraphs, the written Account Statement shall not be issued in principle if there are no transactions or if the only transactions are interest settlements on savings for a Certain Period (including the day immediately preceding a Certain Period but excluding the last day of such Certain Period). However, the Bank may prepare the written Account Statement describing the interest settlements at such time and in such manner as prescribed by the Bank, and may mail it to a customer’s registered address at the request of the customer or where designated by the Bank. (5) Inquiries about the contents of the Account Statement must be made within one month of the date of preparation thereof, unless otherwise stipulated. (6) In the Account Statement, the order of descriptions of transactions made on the same day shall be as determined by the Bank. Transactions described in the Account Statement or their contents may be changed depending upon amendments to applicable laws, ordinances or regulations or changes in social circumstances. (7) Reissuance of the written Account Statement is subject to a processing fee, as designated by the Bank. (8) The written Account Statement may double as a transaction balance report of securities investment trusts.

Account Statement. (1) The Bank shall prepare an Account Statement as of the end of each calendar month and provide it in such electromagnetic form as designated by the Bank in order to confirm the fact of deposit, withdrawal, or other transactions, but shall not issue a passbook or any other such document. (2) Notwithstanding the provision of the foregoing paragraph, in addition to providing the Account Statement in an electromagnetic form, the written Account Statement may be issued and mailed to a customer’s registered address at such time and in such manner as prescribed by the Bank at the request of the customer or where designated by the Bank. (3) When the Bank issues an Account Statement in writing, the Bank, in principle, shall prepare and issue it as of the end of every certain number of calendar months as prescribed by the Bank (hereinafter referred to as a "Certain Period"). However, the written Account Statement may be prepared and issued as of the end of each month at the request of the customer or where designated by the Bank. (4) Notwithstanding the provisions of the two preceding paragraphs, the written Account Statement shall not be issued in principle if there are no transactions or if the only transactions are interest settlements on savings for a Certain Period (including the day immediately preceding a Certain Period but excluding the last day of such Certain Period). However, the Bank may prepare the written Account Statement describing the interest settlements at such time and in such manner as prescribed by the Bank, and may mail it to a customer’s registered address at the request of the customer or where designated by the Bank. (5) Inquiries about the contents of the Account Statement must be made within one month of the date of preparation thereof, unless otherwise stipulated. (6) In the Account Statement, the order of descriptions of transactions made on the same day shall be as determined by the Bank. Transactions described in the Account Statement or their contents may be changed depending upon amendments to applicable laws, ordinances or regulations or changes in social circumstances. (7) Reissuance of the written Account Statement shall be requested in such manner as prescribed by the Bank, and is subject to a processing fee, as fee designated by the Bank. (8) The written Account Statement may double as a transaction balance report of securities investment trusts.