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LEMON TIME
Afghanistan
1295 Posts |
 Posted - 20 Oct 2006 : 11:45:56
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| Jambo Deposit as much as you can and NO withdrawal charges. |
There is no god but Allah |
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leokat
United Kingdom
123 Posts |
Posted - 20 Oct 2006 : 15:25:39
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quote:
Originally posted by njucks
Jambo
i was reading about the Postal Saving in the UK and why it was setup to offer opportunities to people outside the banking system.
Are you meaning the 'simple' account which was set up by the UK post office, primarily to help people in receipt of Department of Work and Pension (DWP) State Benefits?
The UK Government has been phasing out giro (like a cheque/postal order) benefit payments - normally cashed at the post office - to claimants. The post office responded by introducing a simplified bank account which could be used to receive the new (and preferred) direct (paid directly into the claimants account) benefit payments from the DWP. The account can also be used as a 'normal' bank account, though it is not permissible to be overdrawn and some other features of regular bank accounts are not available.
Anyhow, the UK post office is now phasing out this account as it has not proved viable.
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Janyanfara
Tanzania
1350 Posts |
Posted - 20 Oct 2006 : 15:54:46
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This is indeed a possetive move by the post office.It raelly seems we are moving forward with our previously stained post office in the past.
Good news.I will ofcause think about opening one with them to give them a boast.
Peace
Janyanfara |
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 20 Oct 2006 : 16:08:50
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| Where have you been Brother Janyanfara? |
There is no god but Allah |
Edited by - LEMON TIME on 20 Oct 2006 20:48:08 |
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njucks
Gambia
1131 Posts |
Posted - 20 Oct 2006 : 16:56:26
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well i'm not aware whats going on in the UK now. but i was refering the original scheme in the UK which later became the GiroBank you're talking about.
''At the time, banks were mainly in the cities and largely catered to wealthy customers. Rural citizens and the poor had no choice but to keep their funds at home or on their persons.''
http://en.wikipedia.org/wiki/Postal_savings_system
but you're right the basic point is that people should have accounts and currently if you dont have a salary then you will need atleast a D1000 to open a bank account i think. maybe i'm wrong. D1000 seems very high just to open a 'simple' account.
perhaps some gambians who bury their money at home would start saving. i will not mention names.
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 20 Oct 2006 : 17:02:16
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| Njucks my great grand mum used to save her money under her pillow,bless her soul.She was a SARAHULAY. |
There is no god but Allah |
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Janyanfara
Tanzania
1350 Posts |
Posted - 20 Oct 2006 : 17:07:50
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quote:
Originally posted by LEMON TIME
Where have been Brother Janyanfara?
Brother LEMONE TIME,
I was really busy with my course but I follow every postings on our great Bantaba expacially yours Kondorong and the rest of our contributors.
I am scared of your face.(laughs) |
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njucks
Gambia
1131 Posts |
Posted - 20 Oct 2006 : 17:11:07
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quote:
Originally posted by LEMON TIME
..................... SARAHULAY.
bless her. i did not want to mention any names before i was accused of the 'T' word. but trust me this practice is still going on, seriously affecting money supply. |
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kondorong
Gambia
4380 Posts |
Posted - 20 Oct 2006 : 17:48:41
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| Continent Bank's collapse is not helping in encouraging savings. |
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 20 Oct 2006 : 20:51:50
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| Did people had their money back from Continent Bank Kon |
There is no god but Allah |
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kondorong
Gambia
4380 Posts |
Posted - 20 Oct 2006 : 22:45:52
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| They will get it when hell freezes. |
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Alhassan
Sweden
813 Posts |
Posted - 25 Oct 2006 : 14:17:07
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quote:
Originally posted by LEMON TIME
Thats True the Gambis post office had savings account since Colonial days,Take it from KONDORONG he been around for ages.
Lemon,
You are quite right. There use to be a post office savings book. I still have my old one from the early 70's. That post office book was very valiable because I know some Gambian seamen who were able to get jobs on boats and travel the world over with that post office savings book. I do not know if it exists still. |
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 25 Oct 2006 : 15:42:16
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| Wow Alhassan its good to know that you still had the old Gambia's post office book. |
There is no god but Allah |
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Alhassan
Sweden
813 Posts |
Posted - 26 Oct 2006 : 11:57:41
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quote:
Originally posted by LEMON TIME
Wow Alhassan its good to know that you still had the old Gambia's post office book.
Lemon,
Such papper are good to keep for reference. I have to give information to my children about Gambia. They are not born there so they need all these things that shows that Gambia functioned without much problems as of today. I even posses my teachers Union and old voting card. |
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Seeno
7 Posts |
Posted - 01 Nov 2006 : 17:36:12
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| I would like to but I have no trust for the GPO. If they can nick percels sent to poor people out there what will they do with money??????? |
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