POST OFFICE SAVINGS' BANK

Westport Times, Volume III, Issue 429, 15 December 1868, Page 4

POST OFFICE SAVINGS' BANK

The New Zea 7 dn<2 C'azet'.e, of March 25th, publishes ilie following re«nilaiiona fo- the bants as above newly eslanl -!>3d at. C!i Jst church, Lyltelion, Ka'uipoi, Tiittaru, A'i.aoa Holii'i'Ka, Greymouth, Wainmic, Weifcpoftti, and Charleston. 1. Interest at he rate of 5 per cent, per annum is given on sums less] than .£2OO ; afc the rate of 4 per cent, per annum on mins over £SOO ; and in the same proportion for any shorter time on every complete £i deposited, provided that no interest be allowed on more than £SOO. 2. Depositors in the Post Office Saving's Banks have direct Government Securitv for the prompt repayment, of their money. 3. A depositor in any one of the Post, Ofi-ice 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 seeresy is observed wifcl respect to the names of deposi'Ors in Post Office Banks, and the amounts of their dcpo?siis. 6. Money may be deposited by or on behalf of minors. Depositors ovsr" seven years of age are treated as persons of full age", but minors nnder seven years of age cannot withdraw their deposits' until they have reached the age of seven. 7. Applications to the Chief Office in each Province on t*io business of Post Office Savings Banks, and the replies seat thereto are free fron charge or postage.