Money is received at Three per cent. interest on Deposit Account, repayable without notice; but these Accounts cannot be drawn upon by Cheque.
The Bank undertakes the custody of securities of customers, and the collection of Bills of Exchange, Dividends, and Coupons. Annuities, Stocks, and Shares purchased and sold, and advances made thereon.
Letters of Credit, and Circular Notes issued for all parts of the world.
The utmost facilities are afforded to those keeping Accounts with the Bank for the receipt and payment of Annuities, and for the transmission of money to the Colonies, the Continent, and America. The Bank acts also as Agents for receiving the Pay and Pensions of Officers of the Army and Navy, and their Widows and Children, at home or abroad.
ABSTRACT OF THIRTY-FIRST ANNUAL BALANCE SHEET—
MARCH, 1882.
| Amount at Credit of Current and Deposit Accounts | £2,524,505 |
| Investments in the English Funds and other Convertible Securities, and Cash in hand | £2,305,844 |
| Permanent Guarantee Fund, invested in Consols | £60,000 |
| Amount of Assets in excess of Liabilities | £143,114 |
| Number of Current and Deposit Accounts | 34,065 |
The Birkbeck Bank accepts neither personal security for advances nor discounts bills for customers, except with collateral security, so that it enjoys an immunity from losses unknown to either joint-stock or private banks.
The Bank has no Branches or Agents. All Communications should be addressed to—
FRANCIS RAVENSCROFT, Manager.
December 1, 1882.