POST OFFICE SAVINGS' BANK
The New Zealand Gazette, of March 25th publishes the following regulations foi the banks as above newly established at Clu ist church, Lyttelton, Kaiapoi, Timaru, Akrawj Hokitika, Greymouth, Waimate, Westport and Charleston. 1. Interest at. the rate of 4 per cent, per annum is given on £2OO and under ; at the rate of 3 per cent, per annum on mms under £SOO ; and in the same proportion for any shorter time on every complete £1 d e l posited, provided that no interest be albwcd on more than £SOO. 2. Depositors in the Post Office Savings Banks have duvet Government Security r\ r the prompt repayment of their money. 3. A depositor fn any one of the Post Office Banks can continue his deposits at any other of such Banks, and can withdraw his money at that Post Office Bank which is most convenient to him by giving notice of his removal. 4. The strictest secresy is observed with respect to the names of depositors in Post Office Banks, and the amounts of their deposits. 6. Money may be deposited by or on be', half of minors. Depositors over seven yean of age are treated as persons of full age, but minors under seven years of age cannot withdraw their deposits until they have reached the age of seven. 7. Applications to the Chief Office in each District on the business of Post Office ings Banks, and the replies sent thereto are free frou Marge or postage.
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Bibliographic details
Westport Times, Volume V, Issue 839, 20 July 1871, Page 4
Word Count
251POST OFFICE SAVINGS' BANK Westport Times, Volume V, Issue 839, 20 July 1871, Page 4
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