POST OFFICE SAVINGS BANKS,

Inangahua Times, Volume III, Issue 89, 14 March 1877, Page 4

POST OFFICE SAVINGS BANKS,

The following are tho regulations fpr |he above banks :~ 1. Interest at the rate of 4 per cent per v annum is given on £200 and under : at tbe rate of 3 per (jent. per annum on iratnsi under £500 ; and in the same proportion for any shorter time, on every complete £1 deposited, provided thai no interest be allowed on more than £500, Depositors in the Post Office Savings Banks have direct Government sequrit] lor the prompt repayment of theii money . A depositor in an; one of the. Pos Office Banks can continue his deposit at any other of such Banks, and caj withdraw his money at that Post Ofpc, Bank which is most convenient to, him i/jtkq gtrictesti secresy is observed Wty respect to the names of depositors n Posts Office Banks, and the amounts c thehf deposits. ' ' \ $ !!Mpsfiy niay b? depQSi^ld by ot on b^ half of minors. Depository over sere; years of age are treated^ as persons o lull age, b^t minors under seven year of age cannot withdraw their deosits until they have reached the age Applications to the Chief Officer ii each Province on the business, of Pos Office Saving* Banks, and the replie % gent thefetp .are free from charge o