POST OFFICE SAVINGS BANKS.

Press, Volume XII, Issue 1584, 4 December 1867, Page 2

POST OFFICE SAVINGS BANKS.

The following are the regulations for the Savings Banks established at Christchurch, Lyttelton, Kaiapoi, Timaru, Akaroa, and Waimate: — 1. Interest at the rate of 5 per cent, per annum is given on sums leas tlmn £200 ; at the rule of 4 per cent, per annum on sums over £200; an I in the same proportion, for any shorter time on every compl-te £1 deposit, provided that no interest be allowed on more than £500 2. l>epo*i*ors in the Post-office SavingBulks have directed Government recurity lor tiie prompt repayment of their money. 3. A depositor in Hll7 one.of The Po*t-offiee Banks can continue his deposits tit any other of such ban-s, and can witlidrnw Ill* money pot fliat Po¥f"o"ffi"ce~Bant " wTTioTTis most conT(jnrttnt;to liiin. 4 The strictest secrecy is observed with respect to The names of depositors in Postoffice Banks, and amounts; of; their deposits. ""5. Married women, may deposit money in the Post-office Savings Banks, and money so deposited will_be repaid to the depositor, unless her husband gives notice, in writing,! iofr marriage, and daim*, payment 1 .of : the deposits. 6. Mfineyjmay bedeposited by or, ott behalf of minora. Depositors oter aevsa.yearSi of Sge ', are treated-^?. 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 in each province'on the business* of the' Post-office Savings Banks, and the replies sent thereto, are free from charge for postage. ■