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POST OFFICE SAVINGS BANKS, WITH GOVERN- 

 MENT SECURITY. 



Advantages to Depositors. 



SECURITY. — The Post Office Savings Banks are established 

 by Act of Parliament, and every depositor has the direct security 

 of the State for the repayment of his deposits. 



DEPOSITS. — Any sum from a shilling upwards, excluding 

 pence, may be deposited at one time, and any number of 

 deposits may be made in the course of a year (ending 31st 

 December) up to a limit of £^0. A person may have £200, in 

 all on his deposit account, including interest. 



Withdrawals can be made with the utmost promptitude by 

 sending notice by post to the London Chief Office on the form 

 provided for the purpose, which is obtainable at any Post Office 

 Savings Bank, and payment can be received at any Post Office 

 Savings Bank in the United Kingdom convenient to the 

 depositor without regard to the office of deposit. During any 

 year ending 31st December a depositor may replace the amount 

 of any one withdrawal previously made in the same year. 



INTEREST at the rate of £2 10s. per cent, per annum is 

 allowed on every complete pound deposited, so long as the sum 

 to a depositor's credit does not exceed ,£200. Whenever the 

 balance exceeds that sum, interest will be allowed on ,£200, and 

 the excess will be invested for the depositor in Government 

 Stock, unless the depositor should otherwise direct. 



Transfer from a Trustee Savings Bank. — If a depositor 

 in a Trustee Savings Bank wishes to place his money in a Post 

 Office Savings Bank, he should apply to the trustees of the 

 Savings Bank for a Certificate of Transfer (in the form prescribed 

 by the 10th section of the Act 24 Vict., c. 14), and should pay 

 the certificate into any Post Office Bank as if it were a cheque. 

 By adopting this course the depositor will avoid trouble and the 

 risk of carrying cash from one bank to the other. 



Depositor's Book can be used at any Post Office 

 SAVINGS BANK. A depositor may add to his deposits, or with- 

 draw the whole or any part of them, at any Post Office Savings 

 Bank in the United Kingdom, without change of deposit book. 



NOMINATIONS. — A depositor at the age of sixteen years, or 

 upwards, may, subject to certain limits, nominate any person to 

 receive his Savings Bank deposits at death. A form for the 

 purpose may be obtained, free of cost, from the Controller of the 

 Savings Bank Department. 



SECRECY. — The strictest secrecy is observed with respect to 

 the names and addresses of depositors in Post Office Savings 

 Banks, and the amounts deposited or withdrawn by them. 



POSTAGE Free. — No charge for postage is made to a 

 depositor, if in the United Kingdom, for any letter passing 

 between him and the Chief Office on Post Office^Savings Bank 

 business. 



