Common use of ELECTRONIC ACCOUNT STATEMENTS Clause in Contracts

ELECTRONIC ACCOUNT STATEMENTS. UMB Online Banking service is a convenient method to obtain information about your account balances and transactions. If you have selected the “Receive electronic statements only” option in UMB Online Banking service, you agree that the electronic notice that we send to the e-mail address that you provide us which advises you of the availability of your statement will constitute your receipt of the statement itself, and we are not required to provide you with regular paper statements through the mail. You should promptly sign on to UMB Online Banking and review your statement when you receive the notice. You must review your statement information using UMB Online Banking at least once every thirty (30) calendar days. It is extremely important that you notify us immediately if your e-mail address at which you instructed us to send your statement notice changes so that you can continue to receive statement notices without interruption.