Understanding your Pitney Bowes Reserve (Deposit) account statement

Your Reserve Account is a prepaid deposit account used to fund postage and shipping expenses. Funds are securely held in an FDIC-insured account at The Pitney Bowes Bank Inc. You can use your available balance to download postage and pay for shipping services.

Statement terms

• A monthly statement is issued showing all payments, purchases, and account activity from the previous billing period.
• There is no minimum balance requirement for your account. However, available funds are required to download postage.
• A $5 monthly service fee may apply if your available balance falls below $500 during the statement period.
• The monthly service fee is waived when your available balance remains at or above $500 each day during the statement period.
• Deposits can be made to your account at any time.

The image below shows an example of a Reserve Account statement. Refer to the numbered sections in the image for more details.

1. Previous Balance
   • The ending balance from your previous statement period. A negative balance means the account is in arrears and no longer in prepaid status.
2. Total Purchases
   • The total of all purchases made since your last statement.
3. Deposits, Credits, and Other Activities
   • The total of all payments, credits, and account adjustments made since your last statement.
4. Ending Balance
   • Your account balance at the time the statement was generated. This amount equals the Previous Balance plus Total Purchases, minus Deposits, Credits, and Other Activities.

Purchase summary explained

Postage

• Includes postage funds downloaded to a meter using your Reserve Account balance.
• The Reference field displays the meter number associated with each postage download.

Deposits, Credits, and Other Activities

This section includes all payments, credits, and account adjustments, such as:

• Credits for unused postage
• Incoming wire transfer fees
• Returned or rejected payment fees
• Monthly account service fees

• Account service fee

Account service fee

• A $5 monthly service fee may be charged to maintain your account.
• This fee is waived if your available balance remains at or above $500 each day during the statement period.

Shipping activity

• Includes shipping charges for packages and parcels processed through PitneyShip® or PitneyShip® Pro.

Related topics

• Getting a copy of an invoice or statement
• Adding funds to your Pitney Bowes Reserve (Deposit) or USPS Trust accounts