On my ebanking, if I enter more than one payment order, it defaults to "group booking, no notification". This means I get one entry on my statement for all bookings done that day with this selection. If I chose "single entry, no notification" I get a line entry on my statement.

I find it pretty irritating seeing just "ebanking order" on my statement line, so my question is : are there any cost implications to have all payments performed as single-entry items as opposed to group booking of the transactions ? Or is it just for viewing convenience...?

dave

I think the cost is in the statement itself. If however you have 10K+ in the bank, there are no costs.

This is my understanding of it and needs to be confirmed.

There's no implication in choosing single entry, no notification. If you choose to be informed then they may charge you for the service depending on your balance.

You can choose the default entry options in the personal settings to save you having to change it everytime.

and it's all explained in the help - if it's not available online, download UBSPay and rejoice