Post Office Savings Banks. 



143 



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 2I, \os, 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 Govern- 

 ment Stock unless the depositor should otherwise direct. 



Transfer from a Trustee Savings Bank. If a 

 depositor in a Trustee Savings Bank Avishes 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 loth section of the Act 24 Vict., 

 c. 14), and should pay the certificate into any Post Office 

 Savings 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 

 withdraw 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 of 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 Savings Banks, and the amounts deposited or withdrawn 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. 



