POST OFFICE SAVINGS BANKS.
The following are the regulations regarding, tlie i Post, Office Savings' Banks, which have been utablislied at CliriatcliurohLyttelton, Kaiapoi, eimaru, Akaroa, Waiinate, Ilokilika, und (Jrey:mouth 1. Interest at 5 per cent, per annum is given on sums less :■ than . i>2OU;;,.. at 4i per cent, per annum on sums over £2OO and not exceeding £500; and in the same proportiim for (any shorter, time on every, complete £1 .deposited ; no interest is allowed on more t mn £'soo. 2. Depositors: in Post (Mice Savings' Banks have direct Government security fur the prompt repayment of their money. .. . '., ■■. 3. A depositor in any Post Office Bant can . continue his deposits at any other, and can with.draw his money at ilmt most convenient to iiim, 4. I'liu: Btl'icte'sL suerecy- ih' observed with respect to the names of depositor?, and amounts of their deposits. ' 6. Married,yvo:)ien'....may.deposit ..money in the Post Office Havings' B,m», and iri'iii •)• so deposited will be repaid to tho deposiior, iitil- ss her husband gives notice,' in writing, of marriage, and claims payment of deposits. . '' ■ .0. .Money may be deposited by or- oh belialt or 'minors Depositors over seven years ol age lire .'treated as persons jof :fu|l -iigo, lmt minor*. under seven years of ugr.canpot withdraw tb.elr deposits until they Imve reached the agu of .-even. , Applications to tho. Chief Oflicii in each Province on the business of i'ost (jliici? Savings Bank's, and the 'replies 'sent' thcretOiUire'fiee from charge for postage.
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Bibliographic details
Lyttelton Times, Volume XXVIII, Issue 2124, 11 October 1867, Page 2
Word Count
244POST OFFICE SAVINGS BANKS. Lyttelton Times, Volume XXVIII, Issue 2124, 11 October 1867, Page 2
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