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CROMWELL POST-OFFICE SAVINGS BANK

Tho following are the regulations regarding the management of the above-named institution, and which are also applicable to nil the other Post-office Savings Banks in the Colony:— 1. Interest at 5 percent, per annum is given on sums less than L.200 ; at 4 per cent, on sums over L 200 and not exceedi ig L 500 and in the same proportion fur any shorter time on every complete L 1 deposited No interest is allowed on more than L.500. 1. I tepositur* in Fost-oflice Savings Banks have direct Government Security for the prompt repayment of their money. 3. A depositor in any Post-olfico Bank cau continue his deposit* at any other and can withdriw his money at that most convenient to him. 4. The strictest secresy is ob'crved with respect to the names of the depositors, and amounts of their deposits. 5. Married women may deposit money in Postoffice Savings Banks, a..d money so deposited will be repaid to the depositor, unless her husband gives notice, in wriii g, o( marriage, and claims payment of deposits. 6. Money may be deposited by or on behalf of minors. Depositors over seven years of age are treated as persons of mil age but minors under seven years of age cannot withdraw their deposits u.itil they have ranched he igo of seven. 7 Applications to the chief office in each Province on the business of Post-ollice Savings Banks, and the replies sent thereto, are i\vu f om ehtrgo for postage, *

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CROMARG18700119.2.15

Bibliographic details

Cromwell Argus, Volume I, Issue 11, 19 January 1870, Page 3

Word Count
251

CROMWELL POST-OFFICE SAVINGS BANK Cromwell Argus, Volume I, Issue 11, 19 January 1870, Page 3

CROMWELL POST-OFFICE SAVINGS BANK Cromwell Argus, Volume I, Issue 11, 19 January 1870, Page 3

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