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POST OFFICE SAVINGS BANKS.

The following are the regulations regarding the Post Office Savings Banks, which have boon established at Christohuroh, Lyttelton, Kaiapoi eimarir, Akaroa, Waimate, Hokitika, and Greymouth i—--1. Interest at 5 per cent, per annum is given on sums less than £200; at 4 per cent, per annum on sums over £2OO and not 'exceeding £500; and in the same proportion for any shorter time on overy complete £1 de> posited; no interest is allowed on more than £6OO, 2. Depositors in Post Office Savings' Ba ks have direct Government security for the prompt repayment of their money. 3. A depositor in any Post Office Bank can continue his deposits at any other, and can withdraw his money at that most convenient to him. 4 The strictest secrecy is observed with respect to the names of depositors, and amounts of their deposits. b \ n* m ' e o d i r om ! n »»7 deposit money in the Post Office Savings' Bank, and monoy so deposited will be repaid to the depositor, unless her husband gives notice, in writing, of marriage, and claims payment of deposits. fl. Money may be deposited by or on behalt oi minors. Depositors over seven years otage are treated as persons of full age, but minors under seven years of age cannot withdraw their deposits until they have reached the age of seven. ,7. Applications to the Chief Office in eaoh Pro. yincfl on the business of Post Office Savings' Banks, and the roplios sent thereto, aro free from oharge for postage.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18680129.2.9

Bibliographic details

Lyttelton Times, Volume XXIX, Issue 2217, 29 January 1868, Page 2

Word Count
258

POST OFFICE SAVINGS BANKS. Lyttelton Times, Volume XXIX, Issue 2217, 29 January 1868, Page 2

POST OFFICE SAVINGS BANKS. Lyttelton Times, Volume XXIX, Issue 2217, 29 January 1868, Page 2