HC Deb 05 July 1906 vol 160 cc201-2
MR. HENNIKER HEATON

To ask the Postmaster-General whether he is aware that the Post Office Savings Bank refuses to take sixpences on deposit; will he explain why a depositor is allowed to withdraw 19s. 6d., but is not allowed to deposit 12s. 6d. in the savings bank; and whether he will give instructions to abolish this anomaly.

(Answered by Mr. Sydney Buxton.)The refusal of the Post Office Savings Bank to take fractions of a shilling on deposit is based on the provisions of the Post Office Savings Bank Act of 1861, and no change could therefore be made without legislation.