POST OFFICE SAVINGS BANKS.

Press, Volume XII, Issue 1586, 6 December 1867, Page 2

POST OFFICE SAVINGS BANKS.

The following are the regulations for the Savings Banks established at Christchurch, Ljttelton, Kaiapoi, Timaru, Akaroa, and Waimate .— 1. Interest at the rate of 5 per cent, per annum is given on Bums less thnn £200 ; at the rate of 4 per cent, per annum on sums OTer £200; and in the same proportion for any shorter time on every complete £1 deposit, provided that no interest be allowed on more than £500. 2. Depositors in the Post-office Savings Banks have directed Government security for the prompt repayment of their money. 3. A depositor in any one of the Post-office Banks can continue his deposits at any other of euch banks, and can withdraw hie money at that Post-office Bank -which is most convenient to him. 4. The "strictest secrecy is observed with respect to the names of depositors in PostBanks, and the amounts of their deposits. 0. 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, of marriage, and claims payment of the deposits. 6. Money may be deposited by or on behalf of minors. Depositors over seven years of ege are treated as persons of full age ; but minors under seven years of age cannot withdraw their deposits uutil they have reached the age of seven. 7. Applications to the chief office in each province, gn the business of the Post-office Savings Banks, and the replies sent thereto, \ are free from charge for postage. NOTICE TO SUBSCBEBEBS. A postage rate of one penny Having Been impcMcd on newspapers, subscribers are respectfully informed thatwherever papers are sfcnt by po*t the amount of the postage will be charged when the eubtcription account is sent in.