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NATIONAL SAVINGS The fifth repayment of National Sayings falls due on 30th JUNE, 1949, and the following is published for the guidance of investors. .1. WHAT MONEY FALLS DUE FOR REPAYMENT ON 30th JUNE, 1949 AND MAY BE WITHDRAWN WITHIN 3 MONTHS? All sums invested in National Savings Accounts up to 30th June, 19-17, with interest to 30th June, 1949. (Note: If desired, the interest only due on 30th June, 1949, may be withdrawn up to 31st December, 1949.) 2. WHAT ARE THE REPAYMENT OPTIONS? (a) Money (the whole or any portion) may be left where it is and It will remain invested at 3 per cent, and will again become due for repayment on 30th June, 1950. (b) Money (the whole or any portion) may be reinvested at 3 per cent, in National Savings for a further term of two years from 30th June, 1949. (c) Money (the whole or any portion) may be transferred to a Post Off)ice Savings Bank Account or Trustee Savings Bank Account. (d) Money (the whole or any portion) may be withdrawn. (e) Investors may exercise any combination of the above options. r. 3. 8-1 AT PERIOD 8S ALLOWED FOR DECISION ? The repayment options may be exercised at any time from 30th June to 30th September, 1949. 4. WHAT PROCEDURE IS NECESSARY ? For withdrawal, transfer or reinvestment for two years, take your passbook to your nearest Post Office or your Trustee Savings Bank and complete the special form available at those offices. 5. WHAT HAPPENS IF YOU TAKE NO ACTION? Your money wiii remain invested in National Savings at 3 per cent, and will again become due for repayment on 30th June, 1950. NOTE: /. The foregoing does not relate to National Savings Bonds. These mature S years from date of issue and may be redeemed when due, at any Post Office. 2. All National Savings Accounts with the Post Office are centralised in Wellington, and allowance should be made for this fact when lodging application for withdrawal with your local Post Office.

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Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/BPB19490704.2.43.2

Bibliographic details
Ngā taipitopito pukapuka

Bay of Plenty Beacon, Volume 14, Issue 7, 4 July 1949, Page 8

Word count
Tapeke kupu
503

Page 8 Advertisements Column 2 Bay of Plenty Beacon, Volume 14, Issue 7, 4 July 1949, Page 8

Page 8 Advertisements Column 2 Bay of Plenty Beacon, Volume 14, Issue 7, 4 July 1949, Page 8

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