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POST OFFICE SAVIJNGS BANKS.

■:J The following are tho regulations for the above banfes •:—• ■■• . •1. I_l£t|st ah the rate of 4 per cent per annum tfs given on £200 and under : at the rate of 3 per cent, per annum on sums under £500 ; and in the same proportion for any shorter, time on every complete £1 deposited, provided that no interest bo allowed on more than £500, Pe posi tors in the Post Offico Sarings Banks ha vc.dircct Government security for the prompt repnyraent of their money;? ' 'A depositor in any ono of the Po.t Office Hanks can continue his deposits atany other of such Par.ks, andean withdraw his money at Ihat Post Offico Hank which is most convenient to him. #. The strictest secresy is observed with respect to the names of depositors hi Posts Office Danks, and tho amounts of deposits. .Money may be deposited by or l.aJf of minors. Depositors ovo years oi age are treated as pe lull age, but minor's uiider sov t.i nge tun not withdraw their un lil Ihiy hare it ached th f-.cn. pV 111 . : IJ j Ji > $L. e . : ytt' : j * i ■ i nt lie

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/IT18770813.2.17

Bibliographic details

Inangahua Times, Volume IV, Issue 54, 13 August 1877, Page 4

Word Count
194

POST OFFICE SAVIJNGS BANKS. Inangahua Times, Volume IV, Issue 54, 13 August 1877, Page 4

POST OFFICE SAVIJNGS BANKS. Inangahua Times, Volume IV, Issue 54, 13 August 1877, Page 4

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