POST OFFICE SAVINGS' BANK

Westport Times, Volume V, Issue 780, 23 February 1871, Page 4

POST OFFICE SAVINGS' BANK

The AVm- /(•(//«/»/ liaziile. ( >r March 25th, publishes the following lemulationsIemulations t'oi ih» hanks as above newly established at Cli'istchurch. Lyttelton, Kaiapoi, Tiinaru, Akrami Ilokitika.' Cireynmulh, Waimute. Westport and Charleston: 1. Interest ;:'. the rate of I- per cent, n.r annum is given on t"2on and under; nt the rate of :i per cent, per annum on tniiia under £500; ami in the sain- proportion for any shorter time on every complete t'l deposited, provided that no interest be all,.vul on more than £SOO. 2. Depositors ,-,i die Post Office Saviiipll Banks have d:,vct ii Avrnmont Security i, r the prompt rep.-iviiic'nt of their money. •'5. A deposit.,i- in any one of the Post <)t«ce Banks can cohtinun his deposits at any other of such Banks, and can withdraw his money at that Post Office Bunk which is most convenient to him by giving notice of his removal. 4. The strictest secresy is observed wi.li respect to the names if "depositors in Post Office Banks, am! the amounts of their deposits. 6. Money may he deposited hy or on lie half of niinors. Depositors over seven years of age are treated as persons of full age", hut niinors under seven years of age cannot withdraw their deposits until they have reached the age of seven. 7. Applications to the Chief Office in cadi District on t'ic business-of Post Office Sav. ings Banks, ind the replies sent thereto are free fron e.iarge or postage.