From today, instead of receiving a paper bank statement in the mail from St.George, customers can ask to receive an email when their eStatement is ready to view through St.George Internet Banking.
St.George Bank CEO, Greg Bartlett, said St.George expects about 30 per cent of its total customer base to switch to eStatements over the next 12 months.
“We encourage customers to seriously consider making the switch to eStatements,” Mr Bartlett said.
“By introducing eStatements, we expect to save 67 tonnes of paper over the course of a year – reducing our CO2 emissions by 167 tonnes.
“By helping our customers make this small change to their banking, together we can make a much bigger difference for the environment.”
Mr Bartlett said the introduction of eStatements offers customers’ greater flexibility and a practical way to reduce their paper usage.
“In addition to helping to reduce our paper usage - which in turn will save trees and reduce carbon emissions - for many customers, making the switch to eStatements will make banking with St.George even more convenient.
“St.George eStatements look just like a paper statement and customers can now view at least 2 years of their past statements online. Our eStatements are free of charge and can be printed or saved for customer records.”
eStatements are available for individual account holders on most transaction and savings accounts, credit cards, personal loans, home loans, business loans and some investment loans.
St.George eStatements can only be accessed through St.George Internet Banking, which offers world-class levels of protection for customers’ personal information.
Following a trial roll-out of eStatements to St.George employees beginning in December 2009, more than 30 per cent of employees had already switched to eStatements.
To encourage customers to consider switching to eStatements, St.George is running an online competition valued at $10,000. Further information is available at www.stgeorge.com.au.