Final answer:
The question pertains to the fees charged for paper statements by MAX, which are waived if the customer has Perform or Arrive Check account types. MAX offers eStatements for free, suggesting an incentive for customers to opt for digital over paper services. It emphasizes the importance of understanding banking fees in relation to different account types.
Step-by-step explanation:
The subject matter of the question revolves around banking services and the fees associated with different kinds of bank statements. MAX, the institution mentioned, offers eStatements at no cost to its customers as a digital alternative to traditional paper statements.
However, the cost for paper statements is not specified in the question and is linked to whether a customer has a Perform or Arrive Check account. Such accounts presumably either reduce or eliminate the fees for paper statements.
Understanding fees and how they relate to account types is crucial in personal finance management. It is important for customers to review their banking options and select an account that minimizes unnecessary charges while meeting their needs. In the context of this inquiry, customers interested in avoiding monthly fees should consider opting for eStatements or opening an account type, like Perform or Arrive Check, that waives these fees.