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2010-04-12 14-47-14 N.Z. Post Office Savings Bank Money Box c.1962 - IMG_3209_3208.jpg | by Degilbo on flickr
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2010-04-12 14-47-14 N.Z. Post Office Savings Bank Money Box c.1962 - IMG_3209_3208.jpg

This is a metal money box issued in New Zealand by the (then) Post Office Savings Bank c.1962. POSB was a division of the New Zealand Post office from 1867 until 1987 when it became PostBank. The money box is rather unique in that it was made to look like a small book with a vinyl cover. The money box measures 12 x 7.5 x 2 cms. It had two slots for the insertion of money - a circular hole for rolled notes, and a slot protected by metal "teeth" to prevent coins being removed. It could only be opened by a key at the bank.

 

PostBank was formed when the New Zealand Post Office (a former Government Department) was split up by the Postal Services Act 1987 into Post Office Bank Ltd (trading as PostBank), New Zealand Post Ltd (a Postal Services company) and Telecom Corporation of New Zealand Ltd (a telecommunications company). PostBank purchased the assets of the former Post Office Savings Bank.

PostBank was sold two years later to ANZ in 1989, with the PostBank brand being absorbed and finally removed by the late 90's.

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Taken on April 12, 2010