Question by Alexis: Does anyone else find it strange that some banks still print ATM statements on fax-type paper that fades?
I’ve noticed over the years that ATM statements don’t always correlate with the statements you receive in the mail. (By the way, I was just informed that bank aren’t required to send back your cancelled checks anymore.)
I’m not knocking the paperless system. I do check my account from time to time online. However, I once had a dispute with a very large well known bank about an amount that should of been credited to my account. I printed the ATM statement, and had to wait for my mailed hard copy statement. By the time I could prove my point, the ATM receipt was barely visible.
I notice offices don’t use the paper that fades anymore with their fax machines, so why do banks? Since they are institutions dealing with money, I would think it would be even more important to print such inquiries on paper of permanence.
These days if I have a questionable receipt, I copy it on to normal paper. Not all banks print on disappearing paper. Is it a paper issue or an ethical issue?
Best answer:
Answer by Becky E
they do it so that after you go home and copy the information into your bankbook all the information will disapear in case you dont shred the receipt. not really. sounds good though?
Answer by Big’en
it’s not just bank ATM receipts that do that, i have had some wal-mart and other gloss type paper do the same thing. What i find unusual is that they still have brail writing on drive thru atm’s go figure.
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