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And its called "Silicon Valley Bank" on top of that. You would think they would be the first to adopt tech, not the last. Do banks still have any legal reasons
by nyrulez 10y ago
And its called "Silicon Valley Bank" on top of that. You would think they would be the first to adopt tech, not the last. Do banks still have any legal reasons to not allow paperless statements ?
- deleted 10y ago[deleted]
- IndianAstronaut 10y ago>Do banks still have any legal reasons to not allow paperless statements ? The more procedures and services offered means a much greater scope for compliance issues. Running a financial institution means having to put a lot of manpower into regulatory compliance.
- fnord123 10y agoYe olde <hand-waving> "compliance". There's no need to go without paperless statements. If it's written in law then the law should be fixed.