POST OFFICE SAVINGS BANKS
The following arc the regulations for the above banks :
1. Interest at the rate of 4 to 44- per cent per annum is given on £2OO and under ; at the rate of o to 4 per cent, per annum on sums under £SOO ; and in the same proportion for any shorter time on every complete £1 deposited, provided that no in teres be allowed on more than £SOO.
2. Depositors n the Post Office Savings Banks have direct Government security for the prompt repayment of their money. S. A Depositor in any one of the Post Office Banks continue his dopositn at any other of such Banks, and can withdraw his money at that Post Office Bank which s most convenient to him.
4. The strictest secrecy is observed with respect to the names of the depositors in Post Office Banks, and the amounts of their deposits. 5. 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 o age cannot withdraw their deposisf until they have reached the ago of seven.
0. Applications to the Chief Offices in cadi Province on the business of Post Office Savings Banks, and get re]‘lies sent thereto are free A m charge ■ J jmmage.
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https://paperspast.natlib.govt.nz/newspapers/TEML18820415.2.14
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Temuka Leader, Issue 938, 15 April 1882, Page 4
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223POST OFFICE SAVINGS BANKS Temuka Leader, Issue 938, 15 April 1882, Page 4
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