POST OFFICE SAVINGS BANKS.

Pahiatua Star and Eketahuna Advertiser, Volume 1, Issue 51, 3 December 1886, Page 2

POST OFFICE SAVINGS BANKS.

The following arc the regulations for the above Bank : 1. Interest nt the rate of 4$ per cent, per annum is given on 1.200 and under; at the rate of 1 per cent, lier annum on •nuns under M 00; and in the same proportion f«<r any shorter time on every complete 1.l deposited, provided that no interest he allowed on more than 1.5002. Depositors in the Pogt-Ollicf Savings Dank** have direct Government security for the j j ompt payment of their money. Ik A dejKmiter in any one of the Postof!ic< Banks may continue his deposit in any other of such Banks, and can withdraw his money at that Post-oflico Bank which is most convenience to him. 4. The strictest secrecy is observed with respect to the Names of tin* Depositors in Post-office Banks, and the amounts of their deposits. 5. Money may he 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 age cannot withdraw their deposits until they lm\i reached the age of seven. it. Applications to the Chief Offices in each Province on the business of Postoffice Savings Banks, and the replies sent thereto are free from charge or postage.