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Reserve Account Statement Explained

Pitney Bowes Reserve account statement, payment terms and fee structure explained.
The Reserve Account is a prepaid deposit account used to pay for postage and shipping funds. Funds are held in an FDIC-insured account at The Pitney Bowes Bank Inc. Postage can then be downloaded from this balance. 
 

Statement Terms

  • A monthly statement will be issued detailing all payments and transactions in the previous period. 
  • There is no minimum balance required on the account, however available funds are needed to download postage. 
  • Deposits can be made into the account at any period. See Reserve Account Payment Options. 

Activity Summary Explained 

Use the below image for more information on any of the sections within Activity Summary. 
 
activity_summary_explained.png

Purchase Summary Explained 

Transactions are grouped by type and summarised in the Purchases field. Individual transactions are itemised on the additional pages of the invoice. 
Note: Use the tips below to see important information within the itemised section of a statement. 
 
  • Postage: Postage funds added to a meter from the reserve account balance. 
    • 💡 Tip: The reference field will show the meter number of each individual meter that has made a postage download. 
  • Deposits, Credits, and Other Activities: All payments and credits posted to a reserve account. 
    • 💡 Tip: Credits for unused postage will show here. 
    • 💡 Tip: If a fee is charged for a returned payment, this will reflect as a transaction fee. 
  • Shipping Activity: Shipping charges for packages and parcels related to Sendpro Online | Pitney Ship™. 

Helpful Links 

Check Account Balances and Available Postage
How to get a Copy of a Statement  
 

UPDATED: October 07, 2022