Transfer of accounts

(1) To effect a transfer of an account from one branch to another a depositor will present his pass book and request the transfer of his account. The appropriate officer will note in the ledger and pass book “Transferred to Branch” and add his Savings Bank 23 signature and the date. On arrival at destination the depositor will present his pass book at the new branch when the account will be entered in the ledger at that branch and a new account number and the number of the folio corresponding with such entry entered in the pass book and initialled by the appropriate officer. (2) The Branch from which the account is transferred if other than the Head Office, will prepare, in duplicate, a transfer voucher in the form of the Seventh Schedule hereto containing all particulars of the account and details of all transactions commencing with the balance B/F, on the 1st January preceding and the balance at date of transfer. The duplicate will be forwarded to the Head Office and the original to the branch to which the account is transferred. The officer in charge of the latter will note the new number of the account and folio from his ledger on the transfer voucher and add his initials against the word “Entered” with the date. He will then forward the transfer voucher to the Head Office where the transfer will be noted. (3) If the transfer is made from the Head Office a duplicate of the transfer voucher will not be required. The transfer voucher, in original, will be forwarded to the branch to which the account is transferred and returned to the Head Office after the transfer has been noted. (4) The branch will also forward the depositor’s identity card (duplicate) to the branch to which the account is transferred. If the account is transferred from the Head Office a duplicate of the identity card will be prepared and forwarded.