IB paper statements

Quote from SideShowBob:

All I know is yesterday I received quarterly statements in via snail mail for two of my four accounts. No clue why. Assuming the other two accounts will come tomorrow.

WOW.
This is complete new to me.

Can can IB employee in here confirm this?
 
Quote from BSAM:

Paper statements are dumb. A waste of resources.

Agreed, but not for all cases......
Option is option.
IB can offer the option to its client. It is up to client to decide (and pay for the service).....
 
Quote from nihao1234567890:

Agreed, but not for all cases......
Option is option.
IB can over the option to its client. It is up to client to decide (and pay for the service).....

I'm sure IB has a printer. Don't you?
 
Quote from BSAM:

I'm sure IB has a printer. Don't you?

The issue as I understood it was cost. Printing costs money, and it's a hassle. Which is fine. And why I don't understand getting paper statements in the mail .
 
Quote from SideShowBob:

The issue as I understood it was cost. Printing costs money, and it's a hassle. Which is fine. And why I don't understand getting paper statements in the mail .

So, just offer the option to its clients and let clients pay for it if client want to have the paper statement.
 
Quote from nihao1234567890:

So, just offer the option to its clients and let clients pay for it if client want to have the paper statement.

Sounds reasonable to me. Even make it $10 or $20 a statement to deter most people. Then again for the longest time IB said it was impossible to allow 24/7 logins, and out of the blue they allow them. I'm glad they did, but I don't think all their decisions are always rational. Still, I prefer them to any other broker I've used.
 
Quote from nihao1234567890:

You are too funny :)
If IB send me paper statement, I may remove my printer.

The only reason you have a printer is because you have an account at IB? Oh my.
 
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