MONEY ORDERS
INCREASED EXCHANGE
increases in the rates of exchange on money orders, postal notes, and 1 Savings Banks transfers sent from New Zealand to Great Britain, Behind, Canada, and foreign countries are announced by the Post and Telegraph Department. The new rate for money orders is Is 3d for each pound or fraction thereof, an increase of 3d on the previous charge. This rate has shown a gradual increase during the past nine months, having risen from 3d for every pound charged in March, 1930. Under the altered schedule which is now in operation the restriction of £IOO as the maximum amount any one person may forward by money order per week to the countries mentioned remains. Savings Banks transfers now carry a charge of Is 3d in tlie pound, as against the Is imposed previously. (The maximum weekly transfer per depositor of £2OO is unaltered. ’Plie new rates of commissions on British postal orders sent from New Zealand, with those charged previously indicated in parentheses, are as follows 2s, 2d (1); 2s ;6d, 2d (1); 3s, 3d (2) ; ss, 4d. (3); IQs, 8d (6); 15s, lid (9); 20s Is 3d (is).
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Hokitika Guardian, 28 January 1931, Page 3
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193MONEY ORDERS Hokitika Guardian, 28 January 1931, Page 3
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