PART 2 Deposits in the National Savings Bank

CHAPTER 3 Deposits, withdrawals and transfers, etc.

22 Withdrawals of ordinary deposits
1 Subject to regulation 3 (closure of ordinary deposit accounts), this regulation applies to applications to withdraw ordinary deposits.
2 Subject to paragraph (3), an application to withdraw ordinary deposits may be made without notice at any savings bank office.
3 Paragraph (2) is subject to the following—
(a) an application to withdraw may be refused if, as regards a particular office, payment at that office would inconvenience the business of that office;
(b) the depositor must attend in person to make the application and must produce the deposit book (if one was issued);
(c) the depositor must sign a receipt in the approved form and, if required by the paying officer, make the signature in the paying officer’s presence;
(d) the deposit book may be retained by the paying officer for passing to the Director of Savings.
4 The Director of Savings may direct that this regulation does not apply in relation to any account.