POST OFFICE SAVINGS BANK

Westport Times, Volume VI, Issue 940, 9 March 1872, Page 4

POST OFFICE SAVINGS BANK

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The New Zealand Gazette, of March publishes the following regulations foi M banks as above newly established at Gh-ist church, Lyttelton, Kaiapoi, Timavu, Akrao) Hokitika, Greymouth," YVaimate, Westpott and Charleston. 1. Interest at the rate of 4 per cent. p e j annum is given on £2OO and under ; at thj rate of 3 per cent, per annum on tuiai under £SOO ; and in the same proportion foi any shorter time on every complete £\ deposited, provided that no interest bj albwcj on more than £SOO. 2. Depositors Li the Post Office Savin ? l| Banks have duvet Government Security fc| the prompt repayment of their money. 3. A depositor in any one of the Post Offict Banks can continue his deposits at any otha of such Banks, and can withdraw his monej at that Tost Office Bank which is most con' vement to him by giving notice of his w nioval. 4. The strictest secresy is observed wiii respect to the names of depositors in Post Office Banks, and the amounts of their deposits. 6. Money may be deposited by or on by half of minors. Depositors over seven yean of age are treated as persons of full age, bal minors under seven years of age cannot withdraw their deposits until they have reachei the age of seven. 7. Applications to the Chief Office in eac) District on the business of Post Office Sa* ings Banks, ind the replies sent thereto an tree froa c.iarge or postage.