Any sum from one shilling upwards (but excluding pence) may be deposited, subject to certain limits. These limits are £50 a year, that is, no more than £50 will be received on deposit in any one year, but any withdrawals during the year may be re-deposited once, and once only. No more than £200 in all can be held on behalf of a depositor. The reason for these limits apparently is that the bank was created for the encouragement of saving habits in, and providing a secure place for, the money of thrifty people of small means, and not for investment of the capital of the wealthy. Interest at £2 10s. per cent. per annum, which is at the rate of sixpence a year, or one halfpenny a month, for each com- plete pound, is allowed on ordinary deposits and added to the principal; but when, by the addi- tion of interest or from any other cause, the deposit is raised to above £200, interest is allowed on £200 only, and the excess over that sum, when it amounts to £5, is applied to the purchase of Government Stock, unless the de- positor desires otherwise. When a person has £200 to the credit of his deposit account, he cannot make any further addition thereto, but the Post Office will invest this sum, or any part of it, for the depositor in Government Stock, and he can then continue paying in money to his account as before until the sum again reaches £200. No more than £200 Government Stock can be purchased in any one year, and the total amount of stock standing in a depositor's ac- count at any one time must not exceed £500. The dividends or interest on any Government Stock is credited periodically to the holder's ordinary deposit account. When a depositor wishes to withdraw the whole or any part of his money, he has to fill up and forward to the Savings Bank Department in London, a notice of withdrawal, and a form for the purpose may be obtained at any Post Office Savings Bank. He will then receive by post a warrant, on pre- sentation of which, at any branch Post Office he may have selected, payment will be made. Pay- ment by a warrant may be made to another person on behalf of the depositor, provided the latter signs a form of authority for the purpose, which form may be obtained at any Post Office Savings Bank. A depositor of the age of sixteen and upwards may nominate any person to receive any sum (not exceeding £100) due to such depositor at his death. Every nomination must be in writing on the proper form, which may be obtained from the Controller of the Savings Bank Department, in London, to whom the nomination must be sent during the depositor's life-time. Where, at the time of the depositor's death, the amount standing to his credit exceeds £100, it will be necessary, in order to obtain payment, that probate of his will, if any, or letters of administration (if he has died intestate), should be obtained in the usual manner.