POST OFFICE SAVINGS' BANK

Westport Times, Volume V, Issue 837, 18 July 1871, Page 4

POST OFFICE SAVINGS' BANK

The New Zealand Gazette, of March 25th publishes the following regulations fot the banks as above newly established at Chi Ist church, Lyttelton, Kaiapoi, Timaru, Akrao, Hokitika, Greymouth, Waimate, Westport and Charleston. ' 1. Interest at the rate of 4 per cent. n t | annum is given on £2OO and under ; at the rate of 3 per cent, per annum on mini under £SOO ; and in the same proportion tot any shorter time on every complete £1 j e . posited, provided that no interest be on more than £SOO. 2. Depositors in the Post Omee Savin P !| Banks have duvet Government Security f,, the prompt repayment of their money. 3. A depositor in any one of the Post Offite Banks can continue his deposits at any otlm of such Banks, and can withdraw his lnonw at that Post Office Bank which is most convenient to him by giving notice of his re. moval. 4. The strictest secresy is observed wiit respect to the names of depositors in Post Office Banks, and the amounts of their deposits. 6. Money may be deposited by or on \». half of minors.. Depositors over seven yen of age are treated as persons of full age", ks j minors under seven years of age cannot wife draw their deposits until they have reachd the age of seven. 7. Applications to the Chief Office in each District on the business of Post Office feu, mgs Banks, and the replies sent thereto m . free fron. charge or postage.