← belizelaw.ai · Savings Bank Rules, Cap. 266s01

Withdrawal

Savings Bank Rules, r. 26 · Revised Edition 2020

A receipt in the form of the Fifth Schedule hereto shall be given for every amount withdrawn from the Savings Bank by a depositor. The procedure shall be similar to that in regulation 25 of these Regulations. The appropriate officer will enter the amount to be withdrawn in the ledger and in the depositor’s pass book and also record the particulars and amount in the blotter against the next consecutive number of the “withdrawal” series. The depositor’s signature on the voucher will then be authenticated by the appropriate officer by comparison with the identity card or by such other means at his disposal after which he will record the number from the blotter thereon and initial the voucher and the entry in the pass book. The depositor or person authorised will then take the voucher and pass book to the cashier who will pay over the amount demanded and affix his initials in the pass book against the entry of the amount withdrawn.
Have a question about this section? Ask belizelaw.ai →
Withdrawal — Cap. 266s01 s. 26 · Belize Law