LIMIT OF £20

Gisborne Herald, Volume LXVII, Issue 20257, 27 May 1940, Page 8

LIMIT OF £2O

MONEY FOR TROOPS REMITTANCES OVERSEAS PROCEDURE OUTLINED SPECIFIED CHANNELS (Per Press Association.) WELLINGTON, this day. The Minister of Finance, the Hon. W. Nash, has announced the procedure to be followed in remitting money to members of the New Zealand forces overseas. Such remittances may be made, to the oayment of exchange at the current rate through the military authorities up to a total of £2O in New Zealand currency for each member a year. The remittances must be in multiples of El. Friends and relatives wishing to make such payments should pay the money to the public account at any branch of the Bank of New Zealand and forward the receipt, to the director of pay accounts and base records, Wellington, together with the army number and full name of the member to whom the money is to be remitted overseas. The paymaster will then be authorised by cable to pay the amount to the individual concerned. A member of the forces overseas requiring money remitted should apply through the overseas paymaster, who will cable particulars to New Zealand. If the soldier’s request is for money to be remitted by a friend or relative, the director of pay accounts will advise them accordingly on receipt of the cable and they can lodge the money in the manner indicated. Money From Relatives A soldier may, however, cable direct to friends or relatives to remit money, in which case the friend or relative will pay the money to the public account at thq nearest branch of the Bank of New Zealand and forward the bank receipt, together with the soldier's army number and full name to the director ol' pay accounts, Wellington, who will cable the remittance. Should a soldier require money to be remitted from his Post Office Savings Bank account in which allotments of his pay are being deposited, the director of pay accounts and base records, Wellington, will upon receipt of a cable from the overseas paymaster authorise payment to the individual concerned. It will be necessary to make a nominal charge of 5s to cover the cost of cabling remittances. This should be included in payments to the public account. Should a friend or relative desire to remit money to a soldier overseas by letter, the amount should be paid to the public account at the nearest branch of the Bank of New Zealand and the bank receipt forwarded, together with the soldier’s name and number, indicating that the remittance is to be made by letter to the director of pay accounts, who will advise the overseas paymaster by letter to make the payment. Where a soldier overseas desires a friend or relative to remit money to him by letter, he will communicate with the friend or relative direct. The latter will then follow the same procedure as above. Dispatch by Mail Should a soldier overseas desire a remittance to be made to him by mail from his Post Office Savings Bank account, he will make the necessary request to the overseas paymaster, who will mail particulars to New Zealand. On receipt of this advice the director of pay accounts and base records, Wellington, will arrange for 'he required amounts to be withdrawn from the soldier’s Post Office Savings Bank account and forwarded by mail to the overseas paymaster for payment to the soldier concerned. These arrangements, Mr. Nash' exolained, arc intended to obviate delays necessarily associated with the ordinary remittance system and should prove of convenience to all concerned.

The limit of £2O from all sources may appear small, but when it is realised that if all those who are entitled take advantage of the facilities, a charge on the sterling funds to the extent of some hundreds of thousands of pounds would be involved, the necessity for limitation will be appreciated. In view of this, and in fairness to all concerned, remittances to members of the forces will be permitted only through these channels.