POST OFFICE SAVINGS' BANKS.

Westport Times, Volume II, Issue 324, 14 August 1868, Page 4

POST OFFICE SAVINGS' BANKS.

Tho New Zealand Gazette, of March 2otjl, publishes the following regulations for tho banks as above newly established at Chrisl(.'hnreli, Lyttelton, Kaiapoi, Tiniaru, Akaroa, Hokitika, Greymouth, Waimate, Westport, and Charleston. 1. Interest at he rate of 5 per cent, per annum is given on sums less than £201) ; at the rate of 4. per cent, per annum on sums.' over £SOO ; and in tho same proportion for any shorter time on every complete £1 deposited, provided that no interest be allowed on more than £SOO-. 2. Depositors in the Tost Office Savings Banks have direct Government Security foi the prompt repayment of their money. 3. A depositor in any one of the Post Office Banks can continue his deposits at any other of such Banks, and can withdraw his money at that Post Office Bank which is most convenient to him. 4. The strictest secresy is observed will respect to the names of depositors in Pos < )ffice Banks, and the amounts of their dc possits. 0. Money may be deposited by or on be half 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 uutil they have reached the age of seven. 7. Applications to the Chief Office in each Province on the business of Post Office Savings Banks, and the replies sent thereto are free fron. cnarge or postage.