POST OFFICE SAVING BANK

Westport Times, Volume IV, Issue 746, 6 December 1870, Page 4

POST OFFICE SAVING BANK

The New Zealand Gazette, of March 25th, Eublishes the following regulations foi tha anks as above newly established at Christ, church, Lyttelton, Kaiapoi, Timaru, Akraos* Hokitika, Groymoutl), Waimate, Westport and Charleston. . 1. Interest at he rate of 4 per cent, pel annum is given on £2OO and under; at thd rate of 3 per cent, per annum on «umi under £500; and in the same proportion foi any. shorter time on every complete £\ de posited, provided that no intere» i ttowei on more than £506. 2. Depositor? in the Post Office Saving Banks have duvet Government Security fo the prompt repayment of their money. 3. A deposiwr in any one of the Post Offlc Banks can continue his deposits at any otlie of such Banks, and can withdraw his in one ■ at that Post Office Bank which is most coii venient to him. 4. The strictest secresy is observed wit! respect to the names of depositors in Pos Office Banks, and the amounts of their d< possits. ' '<"' 6. Money may be deposited by or on b< half of minors. I Depositors over seven yeai of age are treated as persons of full age, bi minors under seven years of age cannot witl draw their deposits until they have reaclu the age of seven. 7. Applications to the Chief Office in eae Province on the business of Post Office Sa ings Banks, »nd the replies sent thereto a free fron. coarge or postage.