MONEY TRANSFER AND EXCHANGE
EVERY CASE CONSIDERED OH MERITS ip** Uin too Pun Association, l WELLINGTON, June 10. An Auckland telegram on Saturday stated that the regulations governing the transfer of money from London to New Zealand had been tightened up, and as a result practically all non-trad-ing accounts, including legacies, lottery prizes, and private remittances were now precluded from participation in the exchange bonus. Inquiries in official quarters reveal that there was no recent alteration in the regulations. Ever since the exchange was raised there had been a rationing of imports of large sums of money into New Zealand, mainly with the object of preventing big British* investors sending large amounts and securing the exchange benefit. Every case of a remittance was considered on its merits, it was stated. Small amounts transferred from England to New Zealand received the exchange benefit, and in some cases large remittances received the same consideration.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/ESD19340612.2.33
Bibliographic details
Ngā taipitopito pukapuka
Evening Star, Issue 21744, 12 June 1934, Page 6
Word count
Tapeke kupu
152MONEY TRANSFER AND EXCHANGE Evening Star, Issue 21744, 12 June 1934, Page 6
Using this item
Te whakamahi i tēnei tūemi
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in