POST OFFICE SAVINGS BANKS.

Grey River Argus, Issue 251, 22 August 1867, Page 2

POST OFFICE SAVINGS BANKS.

„ ThpiVefo Zealand Gazette of March 25th publishes thp following regulations fpr the banks as ahyve newly established at Christchurch, Lyttelton, Kaiapoi, Timaru, Akaroa, Hokjtika, Greymouth, and W a i ma te '•• • 1. Interest at the rate of 5 per cent, per annum is g-Y en on sums less than L2OJ ;at the rate of 4 per cent, per annum on sums over LbOO ; and in the same proportion for any shorter time on every complete LI deposited, provided that no interest be allowed on niorp than LSCO, 2. Depositors in the Post Office Savings' Banks have direct Government security for the prompt repayment of their money. 3. A depositor in 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 which is piostponvenient to him. 4. The strictest secrecy is observed with respect to the names of depositprs in Post Office Banks, and the amounts of their deposits. 5. Married women may deposit money in the Post Office Savings' Bank, and money so deposited will be repaid to the depositor unless her husband gives notice, in writing, of marriage, And claims payment of the deposits. 6. Money may be deposited by or on behalf of minors.. Depositors over seven years of age are treated as persons of full age, but minors under seven years of ago cannot withdraw their deposits until they have reached the nge of seven. 7. Applications to the Chief Office in each Province on the business of Post Office Savings' Banks, and the replies sent thereto, are free from charge «»• Dostage,