§ 5.
In carrying out § 2 of the Law of November 19^{th} 1887 (R. G. Bl. N^o
133), the Orders' (Cheque and Clearing) Service of the Post Office
Savings Bank is to be regulated by the rules existing with reference
to them in the Post Office Savings Bank applied in such a manner
as the alterations of the aforesaid Law as well as the following
determinations render necessary.
§ 6.
The Post Office Savings Bank will keep separate the accounts and
administration of the Orders' (Cheque and Clearing) Service from those
of the Savings Service.
Participation in the Orders' (Cheque and Clearing) Service is also to
be allowed to persons who are not depositors in the Savings Service.
It will be granted on payment of a Guarantee-deposit, and of course if
the participant wishes he can enter the Clearing as well as the Cheque
Service.
In order to obtain permission to be a participant in the Orders'
Service the person wishing to enter has to ask for an account to be
opened and to pay in the Guarantee-deposit.
This request is to be made on one of the forms issued by the Post
Office Savings Bank, which are to be delivered gratuitously at all
post-offices and to be forwarded to Vienna post paid under an enclosure
containing the sum for the desired Cheque and Receipt books.
To the Post Office Savings Bank belongs the right to refuse a request
for admission as participant in the Orders' (Cheque and Clearing)
Service without giving reasons (§ 4 of the Law).
The Guarantee-deposit is to be paid within a month at any Receiving
Office after the grant of the said request by using a Receipt (Pay)
certificate.
The Post Office Savings Bank opens an account for each participant.
Deposit-books are no longer to be used in the Orders' (Cheque and
Clearing) Service.
§ 7.
The amount of the Guarantee-deposit will until further notice be fixed
at 100 florins.
The Guarantee-deposit will remain at the Post Office Savings Bank as
long as the holder of an account continues a participant in the Orders'
(Cheque and Clearing) Service. During participation in the Orders'
(Cheque and Clearing) Service, the Guarantee-deposit cannot be disposed
of and in case the participant should withdraw from the Service it can
only be paid back upon 15 days notice (§ 4 of the Law).
§ 8.
The deposits in the Orders' (Cheque and Clearing) Service, including
the Guarantee-deposit, will until further notice bear interest at 2 per
cent per annum. The interest begins from the 1^{st} or from the 16^{th}
of the month following the booking of the deposit, and terminates at
the expiration of the 15^{th} or from the last day of the month which
precedes the writing off from the account of the sum assigned for
payment.
Sums under one florin will not bear interest.
On the 31^{st} of December in every year the interest accruing will be
added to the capital and will in like manner bear interest.
In reckoning the interest every month will be regarded as thirty days.
§ 9.
The Post Office Savings Bank has always the right to give notice to a
participant to withdraw his Guarantee-deposit, with the result that
from the day the participant receives the notice he can no longer
dispose of the balance to his credit by way of cheques (§ 4 of the Law).
§ 10.
For making use of the Orders' (Cheque and Clearing) Service, besides
the fees at present existing--under which are included the fee of 2
kreutzers the cheque, already fixed by § 8 of the Law of November
19^{th} 1887, and according to rule the equivalent of the cost price
of the various printed documents furnished to participants in the
service,--the under mentioned fees will be taken:
1. A record-fee of 2 kreutzers for each official act with reference to
the account (Deposit, Assignment, Entering to Credit or Debit);
2. A commission on each entry to the debit up to the sum of 3,000
florins at the rate of 1/4 the thousand, and 1/8 the thousand for sums
exceeding that amount.
These fees will be taken by writing them off the account.
From the commission, however, are free:
_a_) The Debit Entries in the Clearing Service;
_b_) Sums sent by means of Post Office Orders through the Post Office
Savings Bank;
_c_) Sums written off in the Cheque Service on account of a purchase of
State-bonds made for a participant, finally;
_d_) Every entry of fees, commissions, etc. in favour of the Post
Office Savings Bank.
§ 11.
The Post Office Savings Bank will keep for three years the accounts,
documents and writings in the Orders' (Cheque and Clearing)
Service relating to business concluded; it can only therefore give
consideration to claims with reference to payments in, assignments,
payments back, interest and fees, etc., when they come within this
period.
To claims which refer to a Post Office missive (Paying in Order,
Post Office Order, Registered Letter and the like) the Post Office
regulations as to the time in which such claims can be made will apply.
§ 12.
The foregoing regulations §§ 5 to 11 apply from the time this ordinance
comes into operation, and will also apply from the same time to all
deposits already made in the Orders' (Cheque and Clearing) Service, (§
11 of the Law).
§ 13.
The Officials of the Post Office Savings Bank and of the Receiving
Offices are bound by duty to keep the business and official secrets,
and not to give to any third person, except their superiors, any kind
of information whatever with reference to the name of a depositor, to
the sums paid in or paid back, or to the amount of the balance in hand.