POST OFFICE SAVINGS' BANK

Westport Times, Volume IV, Issue 678, 30 June 1870, Page 4

POST OFFICE SAVINGS' BANK

The New Zealand Gazette, of March 25th. ~\ publishes the following regulations foi the banks as above newly established at Christ -' church, Lyttelton, Kaiapoi, Timaru, Akraoi Hokitika, Greymouth, Waimate, Westport and Charleston. 1. Interest at he rate of 4 per cent, pa annum is given on £2OO and under ; at the t rate of 3 per cent, per annum on eumi t under £SOO ; and in the same proportion foi J any shorter time on every complete £1 de. * posited, provided that no intere* 'ji.llomi on more than £SOO. 2. Depositors in the Post Office Saving i V Banks have duvet Government Security foi the prompt repayment of their money. 3. A depositv/r in any one of the Post Offici I 1 Banks can continue his deposits at any otha 4of such Banks, and can withdraw his monei I at that Post Office Bank which is most con- . venient to him. 4. The strictest secresy is observed wit] respect to the names of depositors in Poii _. Office Banks, and the amounts of their dc- "I possits. ?; Mon .eymay be deposited by or on bJ half of minors. Depositors over seven yean ~~ of age are treated as persons of full age, but T minors under seven years of age cannot with- | draw their deposits until they have reachd the age of seven. WI 7. Applications to the Chief Office in eacl 1 rovince on tbe business of Post Office Sai. Ki ings Banks, and the replies sent thereto an tree from charge or postage.