BANK CHARGES
FARMERS DESIRE REDUCTION
ITlie opinion that as the Central Bank would take over the note issue for the Dominion the' six joint stock banks should reduce their bank charges for keeping accounts was expressed at the last meeting of the Dominion executive of the New Zealand Farmers’ Union. This was conveyed to the Associated Banks, and at Wednesday s day’s meeting of the Dominion executive a reply was received stating that the banks would like to reduce the charge for keeping 'accounts as soon as possible, but the increase hap been forced on them by the higher note tax. which would not finally run off until August, T 936, the date on which the Reserve Bank of New Zealand would take over the outstanding notes of the trading banks. As soon as the banks felt that a reduction in their charge for keeping current accounts was warranted they would he glad to bring it about. :' ,
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Bibliographic details
Gisborne Times, Volume LXXX, Issue 12244, 4 May 1934, Page 5
Word Count
157BANK CHARGES Gisborne Times, Volume LXXX, Issue 12244, 4 May 1934, Page 5
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