POST OFFICE SAVINGS BANKS.
The following arc the regulation* for ; the above Bank : 1 Interest at the rate of 4$ par cent, per annum is given on 1,200 and under ; at th- rate of 4 per rent, per annum on ! sums under L 500; and in the same propern on fir any shorter time on every complete LI de|x>i>ilcd, provided that no intertit be allowed on more than 1.5002. Depositors in the Post-Office Savings I Banks have direct Government security for the prompt payment of their money. 3. A depositer in any one of the Postoffice Hank* may continue his deposit in any other of such l'.ank*. and can with draw hm money at that Post-office Bank which is moil convenience to him. 4. The strictest secrecy is observed with respect t.> the Names of the Depositors in Pi at office Banks, ami the amounts of their deposits. j 5. Money may be deposited by or on i boiialf of minors. Depositors over seven year* of age are treateil as persons of full age, but minors under seven years of age cannot w ithdraw their deposits until they have reached the ago of seven. fi. Applications to the Ohiof Office* in each Province on the business of Postoffice Savings Hanks, and the replies sent thereto are free from charge or postage.
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https://paperspast.natlib.govt.nz/newspapers/PSEA18860810.2.8
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Pahiatua Star and Eketahuna Advertiser, Volume 1, Issue 18, 10 August 1886, Page 2
Word count
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221POST OFFICE SAVINGS BANKS. Pahiatua Star and Eketahuna Advertiser, Volume 1, Issue 18, 10 August 1886, Page 2
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