✨ Post Office Savings Bank Regulations
Feb. 13.] THE NEW ZEALAND GAZETTE. 537
which it was drawn in the first instance to any other Savings-Bank office in the same district.
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The currency of a warrant for the repayment of Savings-Bank deposits is limited to three months; if unpaid at the end of such period the amount thereof shall be treated as paid to and redeposited by the depositor.
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(1.) Upon payment of a fee of one shilling a depositor whose account in the Savings-Bank has been open for three months may have it transferred from the postal district in which it is open to any Savings-Bank office in any other postal district, by giving notice in the following form and forwarding his Savings-Bank book to the Chief Postmaster of the district from which he desires his account transferred, who will, on receipt thereof, close the account and transfer the balance at credit thereof, inclusive of interest up to the end of the calendar month last preceding the date of transfer, to the Savings-Bank office named by the depositor.
NOTICE TO TRANSFER SAVINGS-BANK ACCOUNT.
DATE OF TRANSFER.
[Box: Office Date-stamp.]
DEPOSITOR’S BOOK.
No.
AMOUNT TRANSFERRED.
£ s. d.
For use of Chief Office.
TO THE CHIEF POSTMASTER,
I, THE undersigned, do hereby authorize and direct you to transfer the balance of deposits to credit of the above-described account, together with any interest accrued thereon, to the Post-Office Savings-Bank at ………………
I enclose herewith the deposit-book.
Witness my hand, this ………… day of …………, 19 …
DEPOSITOR’S
Signature: ………………
Occupation: ………………
New Address: ………………
Witness to Signature: ………………
(2.) The certificate of the amount due to the depositor, when received at the office of the Postmaster to which an account is thus transferred, with the depositor’s book, shall be shown in a new account to be opened with the said depositor.
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The Postmaster-General may, if he sees fit, transfer the account of a depositor although it may not have been open three months, where he is satisfied that there are special circumstances which warrant his doing so.
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For regulations made by Postmaster-General relating to the transfer of a Savings-Bank account from the Post-Office Savings-Bank of New Zealand to the Government Savings-Bank of Great Britain or that of any British possession or foreign country with which a reciprocal arrangement to that effect has been made, or vice versa, see Appendix.
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The Postmaster-General may authorize the acceptance of deposits for credit of Savings-Bank accounts open in postal districts other than that in which the deposits are tendered; but the period during which deposits may be so lodged by any individual depositor shall not exceed three months from the date of the first deposit so made in any one district, after the expiration of which period no further deposits may be made in the same postal district for a further period of three months, unless the account in the meantime is transferred thereto. The depositor may, however, make deposits in other postal districts, subject to the same limitation of time.
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The Postmaster-General may authorize withdrawals by transfer to be made from Savings-Bank accounts open in districts other than that in which application is made for repayment; but the period within which withdrawals may be so made in any one district is limited to three months from the date of the first withdrawal so made from an account.
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Disputes. See Appendix, section 76.
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(1.) When a depositor applies for payment of the balance of money deposited and of interest, and desires the account to be closed, the depositor’s book must be given up. Should a new account be afterwards opened, it will be necessary that a new depositor’s book be issued, and that these regulations should be strictly conformed to.
(2.) If any person who is, or has been, a depositor, and has received a depositor’s book, applies for a copy of the whole or any portion of the entries in his account, the same shall be supplied to him on payment of a fee of one shilling.
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If a depositor opens an account and closes it again within a period of one month from the date on which he opened it, he shall be charged a fee of one shilling.
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Names of depositors or amounts deposited or withdrawn not to be disclosed. Exception.—See Appendix, section 73.
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When a female depositor marries she shall submit a certificate of such marriage to the Chief Postmaster of the district in which her account is open, or, where such certificate is not readily obtainable, she shall furnish evidence of her marriage by means of a statutory declaration. She must also sign her married name upon the declaration made when her account was opened, and upon a specimen signature slip.
DESTRUCTION OF SAVINGS-BANK USED BOOKS AND FORMS.
- (1.) The period of time for which the documents hereinafter described shall be retained in the custody of the Postmaster-General is as follows:—
Deposit slips for deposits made in the Post-Office Savings-Bank … 6
Ledger summaries … 5
Withdrawal notices from the Post-Office Savings-Bank … 7
Receipts for withdrawals from the Post-Office Savings-Bank … 7
Advices of paid Savings-Bank warrants … 1
Depositors’ books relating to closed accounts in the Post-Office Savings-Bank … 3
Filled Savings-Bank Journals … 7
Statements rendered with accounts, and copies thereof … 7
(2.) After the expiration of the period named in each case the respective documents shall be burnt, in the presence of two officers, to be deputed by the Secretary of the Post and Telegraph Department to supervise their destruction.
- Any person committing a breach of any of the foregoing regulations is liable for each offence to a penalty not exceeding fifty pounds.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1913, No 11
NZLII —
NZ Gazette 1913, No 11
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Post Office Savings Bank Regulations: Deposits and Withdrawals
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