POST OFFICE SAVING BANK

Westport Times, Volume IV, Issue 749, 13 December 1870, Page 4

POST OFFICE SAVING BANK

The New Zealand Gazette, of tyarch 25ffl CMishes the following regulations foi tRj ks as above newly established at Christ church, Lyttelton, Kaiapoi, Timaru, Akraw Hokitika, Oreymouth, W&imate, Westport and Charleston. 1. Interest at he rate of 4 per cent, pel annum is given on £2OO and under; at thj rate of 3 per cent, per annum on turn! under £500; and in the same proportion foi any shorter time on every complete £1 d$ posited, provided that nointere* * Hewed on more than £SOO . 2. Depositors in the Post Office Saving i Banks have duvet Government Security foi the prompt repayment of their money. 3. A depositor in any one of the Post Qffic* Banks can continue his deposits at any othei of such Banks, and can withdraw his nionej at that Post Office Bank which is most convenient to him. 4. The strictest secresy is observed wit! respect to the names of depositors in Posi Office Banks, and the amounts of their dcpossits. 6. Money may be deposited by or on bohalf of minors. Depositors over seven yean of age are treated as persons of full age, but minors under seven years of age cannot with* draw their deposits until they have reached the age of seven. 7. Applications to the Chief Office in eacr Province on t\ic business of Post Office-Sav-ings Banks,'and the replies sent thereto ar< free froa cnarge or postage.