HC Deb 09 March 1905 vol 142 cc922-3
DR. MACNAMARA

I beg to ask the Postmaster-General whether the rule as to limit of deposits in the Post Office Savings Bank is evaded by the opening by the same person of two or more accounts in his own name, or in fictitious names, or in the names of members of his family or other dependents.

THE POSTMASTER-GENERAL (Lord STANLEY, Lancashire, Westhoughton)

Cases have come to light in which the limit of deposits in the Post Office Savings Bank has been exceeded by the opening of two or more accounts in the same name or in fictitious names by means of a false declaration; but such cases are very rare. There is no information available as to the extent to which the limit is evaded by the opening of accounts in the names of members of a depositor's family or household; as such evasions would not come to light so long as deposits and withdrawals were made by the persons in whose names the accounts were opened. There is, however, no reason to suppose that evasions of this nature are numerous.