POST OFFICE SAVINGS' BANK

Westport Times, Volume III, Issue 467, 18 February 1869, Page 4

POST OFFICE SAVINGS' BANK

The New Zealand Gazette, of March 25th, B publishes the following regulations foi the IN banks as above newly established at Ovist, WM church, Lyttelton, Kaiapoi, Timaru, Akraca K| Hokitika, Grcyniouth, Waimate, Westport. || and Charleston. *' 1. Interest at he rate of 5 per cent, per Bj annum is given on sums less: than £230 ; a! S the rate of 4 per cent, per annum on turns Bj| over £SOO ; and in the same proportion for BJS any shorter time on every complete £1 de- B--: posited, provided that no interest be allowed 8 on more than £SOO. HJ 2. Depositors in the Post Office Saving s | Banks have direct Government Security for | the prompt repayment of their money. " JS3. A depositor in any one of the Post Office Wfi Banks can continue his deposits at any other| of such Banks, and can withdraw his "money B*-* at that Post Office Bank which is most con- | | venient to him. *0 4. The strictest secresy is observed will 111 respect to the names of depositors in PostaE Office Banks, and the amounts of their dc- 9 possits. fig 6. Money may be deposited by or on bc-Hp half of minors. Depositors over seven yeara I of age are treated as persons of full age, but Bj minors under seven years of age cannot with-BE draw their deposits" until they have reached Bf the age of seven. |||^ 7. Applications to the Chief Office in eaehßfe Province on ttc business of Post Office Sav-BJI ings Banks, and the replies sent thereto are M free from c.iarge or postage. Hp