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POST OFFICE SAVINGS BANKS.

The following are the regulations for the above Bank : 1. Interest at the rate of 4} pet cent, per annum is given on I**2oo and under ; nt tho rate of 4 per font., per annum on sums under Lf>oo ; and in the ■ nine proportion for any shorter time on every complete LI deposited, provitled that m» interest he allowed on more than LoOft2. Dej>ositors in the 1N» t-< ;h< > S. Banks have direct Government cu :> for the prompt payment of their mom y. 8. A depositor in an\ one of tli* it oflier Banks may continue hi depo .. m any other of such Banks, and «• *i \. Ufe draw his money at that Post-o IV; re B. nK which is most convenience to him. 4. Tho strict- t •ereev is oh..'' 1 !i respect to the Names of the i>. ; it '-, in Post-other Bank*, and tie amounts « t their deposits. 5. Money m y bo d ; isitod b) nr • behalf of minors. |)o|M>sitors over sewn years of ago are trc‘atod as persons of t• 1 11 age. but minor*’ under seven y« ars of i «■ cannot withdraw their deposits until they have reaehed tho age of seven.

6. Applications to the Chi f Offices in each Province on the business of Post otlico Savings Banks, ami the repln s sent thereto are free from charge or postage.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PSEA18880214.2.23

Bibliographic details

Pahiatua Star and Eketahuna Advertiser, Volume 2, Issue 172, 14 February 1888, Page 4

Word Count
230

POST OFFICE SAVINGS BANKS. Pahiatua Star and Eketahuna Advertiser, Volume 2, Issue 172, 14 February 1888, Page 4

POST OFFICE SAVINGS BANKS. Pahiatua Star and Eketahuna Advertiser, Volume 2, Issue 172, 14 February 1888, Page 4