SATURDAY, JULY 12, 1975
SOCIAL WELFARE ALLOWANCES TO BE PAID THROUGH BANKS FROM MONDAY
THE SOCIAL WELFARE DEPARTMENT WILL START ITS NEW SYSTEM OF PAYING DISABILITY AND INFIRMITY ALLOWANCES THROUGH BANKS ON MONDAY (JULY 14).
ARRANGEMENTS WITH THE HONGKONG AND SHANGHAI BANKING CORPORATION HAVE BEEN COMPLETED AND THE CHANGEOVER FROM CASH ORDER BOOKS TO PAYMENTS THROUGH SAVINGS ACCOUNTS HELD WITH ANY BANK WILL DEGIN THAT DAY AS CASES COME UP FOR RENEWAL. THIS MEANS THAT INDIVIDUAL CASES WILL BE PUT ON THE NEW ARRANGEMENTS OVER THE NEXT FEW MONTHS.
A SPOKESMAN FOR THE DEPARTMENT SAID THAT PAYMENTS CAN DE MADE TO SAVINGS ACCOUNTS IN ANY DANK IN HONG KONG. THOSE WHO DO NOT KOLD ACCOUNTS WILL BE ASSISTED IN OPENING ONE AT A BANK OF THEIR CHOICE.
NEW APPLICANTS WISHING TO USE THE BANK SYSTEM BUT WHO ARE AT PRESENT WITHOUT ACCOUNTS WILL, HOWEVER, STILL CONTINUE TO RECEIVE THEIR FIRST PAYMENT BY CASH ORDER BOOK. THIS WILL ALLOW TIME FOR ARRANGEMENTS TO OPEN AN ACCOUNT TO BE COMPLETED.
THE SPOKESMAN STRESSED THAT THE USE OF BANK ACCOUNTS TO RECEIVE PAYMENTS WOULD BE ENTIRELY VOLUNTARY AND THOSE WHO DO NOT WANT TO DO SO WILL CONTINUE TO GET THEIR MONEY AT POST OFFICES THROUGH CASH ORDER BOOKS.
HE POINTED OUT. HOWEVER, THAT USING THIS SYSTEM WOULD NORMALLY BE MORE ADVANTAGEOUS AS USE OF A BANK NEAREST HOME WHEN CONVENIENT CAN REDUCE TIME OTHERWISE SPENT ON VISITING A POST OFFICE.
ALSO, AS A SAFEGUARD, MONEY NEED NOT BE TAKEN OUT ALL AT ONE TIME AND CAN DE WITHDRAWN AS AND WHEN NEEDED.
APART FROM THE ADVANTAGES TO RECIPIENTS THE ARRANGEMENTS WILL HELP TO RELIEVE THE WORKLOAD AND CONGESTION AT POST OFFICES.
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