HC Deb 16 February 1967 vol 741 cc770-1
34 and 35. Mr. Raphael Tuck

asked the Postmaster-General (1) why the Giro Directorate's plans, published in the booklet "The National Giro", are in several important respects in conflict with the Motion agreed by this House on 21st July, 1965, and with the White Paper, Command Paper No. 2751, entitled "A Post Office Giro"; and whether he will provide a giro service in accordance with the terms of both the Motion and the White Paper;

(2) whether, in view of the fact that one of the avowed reasons for establishing a giro system was the reduction of opportunity for crime, he will implement paragraph 10 of the White Paper to the effect that a statement of account would be sent to each account holder whenever there was a change in the balance held.

Mr. Joseph Slater

The booklet amplified the description in the White Paper of the services to be provided by the Post Office but it did not depart in any material way from the principles of that Paper or of the Motion to which my hon. Friend has referred. We believe it is right to allow Giro account holders to choose whether to receive a statement whenever there is a change in the balance or less frequently.

Mr. Tuck

Can my hon. Friend reconcile the statement in the White Paper that there will be provision of cheap facilities for cash remittances of any amount with the statement in the booklet that the minimum transfer allowed will be 5s?

Mr. Slater

Market research has shown that there will be a negligible proportion of account holders wishing to transfer individual amounts of less than 5s.