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.
Purchase Summary Explained
Transactions are grouped by type and summarised in the Purchases field. Individual transactions are itemized on the additional pages of the invoice.Postage
Postage funds added to a meter from the reserve account balance. The reference field will show the meter number of each meter that has made a postage download.
Deposits, Credits, and Other Activities
All payments and credits posted to a reserve account. Credits for unused postage will show here.
Shipping Activity
Shipping charges for packages and parcels related to Sendpro Online | Pitney Ship™.
Related topics
UPDATED: February 06, 2024