Towns > Greenock > 1847-1912 - Post-office Greenock directory > 1895-1896

26 APPENDIX.
member of a Friendly or Charitable Society). This declaration must be
witnessed by the officer receiving the deposit, or some person known to
him, or some other officer of the Post Office, a Minister of any religious
denomination, a Justice of the Peace, or a Commissioner to administer
Oaths. If such declaration or any part thereof is not true, the deposits
will be liable to forfeiture. It is not necessary that a person desiring to
become a depositor should attend at some Postal Savings Bank Office
for the purpose of opening an account, as the declaration, when duly
signed, can be presented at the Office on his behalf by another person,
together with the money to be deposited.
5. Every deposit must be entered in the depositor's book by the
Postmaster or other person receiving it, who must affix to the entry
his signature and the stamp of his office. A depositor should carefully
examine his book before leaving the office to ascertain that the entry
is correct, and he should keep his book in his own possession.
6. In addition to the receipt in the book, the depositor will receive an
acknowledgment by post from the Savings Bank Department in London,
and this should reach him within six clear days. If desired, an ack-
nowledgment can be addressed to any Post Office to be called for, and it
will be retained at the Post Office a month.
7. Interest at the rate of £2 10s per cent, per annum (which is at the
rate of sixpence a year, or one halfpenny a calendar month, for each
complete pound) is allowed on ordinary deposits. When the balance
due in an ordinary account, inclusive of accumulated interest and
dividends, exceeds ,£200, interest is allowed on ^200 only.
8. Once in each year, on the anniversary of the day on which his
first deposit zvas made, the depositor should forward his book to the
Controller of the Savings Bank Department, in order that it may be
compared with the books of the Department, and that the interest to the
previous 31st December may be inserted in it.
9. An envelope for the transmission of the book can be obtained at
any Postal Savings Bank Office on satisfying the Postmaster that the
proper time for forwarding the book has arrived.
10. A depositor in the Post Office Savings Bank may add to his
deposits at, and withdraw the whole or any part of them from, any
Postal Savings Bank Office without change of Deposit Book.
Withdrawals by Telegraph.
A Depositor who wishes to obtain immediate payment of any amount
not exceeding £10 standing to his credit, can apply at any Savings Bank
Office at which payment by Telegraph is made, when, upon production
of the Deposit Book showing that the sum required is standing to his
credit, and on his filling up the usual notice of withdrawal and paying
the cost of the telegram to the Chief Office and of the reply, the Post-
master will ascertain by Telegraph whether the amount applied for on
the notice may be paid.
On the receipt of the reply, and on the applicant satisfying the Post-
master that he is the person entitled to the amount, the withdrawal will
be entered in the Deposit Book by the Postmaster, a receipt will be
taken in the prescribed form, and the amount will be paid.
Not more than ,£10 can be paid to a Depositor in one day under
this arrangement.