DRAFTS AND TRANSFERS.
NEW RATES FIXED. London, September 8. The Associated Australian Banks have fixed the selling rates on Australia and New’ Zealand for drafts and mail transfers at 10/. and cable transfers at 17 J 6. The premium rate for the purchase of documentary bills on Australia and New Zealand has been reduced to 2 per cent, discount for sight bills, with an increase of onehalf per cent, for every additional 30 days. All alterations commence on September 13.—(A. and N.Z.)
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Hawke's Bay Tribune, Volume XII, Issue 231, 12 September 1922, Page 5
Word Count
82DRAFTS AND TRANSFERS. Hawke's Bay Tribune, Volume XII, Issue 231, 12 September 1922, Page 5
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