HC Deb 27 November 1928 vol 223 cc237-8
66. Mr. R. YOUNG

asked the Postmaster-General whether holders of savings certificates can transfer their holdings to another individual or to any member of his or her family without first withdrawing the amount to his or her credit; and, if so, what is the method laid down by the Post Office for such transfer?

Sir W. MITCHELL - THOMSON

Transfers of savings certificates are allowed provided that they are not in the nature of a sale. A joint application by both parties must be made on the prescribed form and a fee of 1s. paid in respect of each transaction.