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STERLING CREDITS

RESERVE BANK REQUEST TO HOLDERS. CANCELLATION OF UNWANTED PERMITS. (By Telegraph—Press Association.) WELLINGTON, This Day. The following statement was issued yesterday by the Reserve Bank of New Zealand: — As a consequence of the outbreak of war it is probable that many holders of Reserve Bank permits for overseas funds for travelling and other purposes will no longer need the exchange allocated to them. Holders of such permits will be rendering a national service by arranging with their bankers as soon as possible for reduction or cancellation of their permits in order that the relative overseas funds may be released for essential purposes. Holders of exchange authorities in respect of licensed imports are requested to advise their bankers promptly if they find that they will not require to avail themselves of the whole or part of the exchange allocated to them.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAITA19390907.2.41

Bibliographic details

Wairarapa Times-Age, 7 September 1939, Page 6

Word Count
142

STERLING CREDITS Wairarapa Times-Age, 7 September 1939, Page 6

STERLING CREDITS Wairarapa Times-Age, 7 September 1939, Page 6

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