SB Order No.8/2007 : Remittance of SBMO to HO/SO by field post offices in case of SB deposits received at Field Post Offices for credit into SB accounts standing at Civil Post Offices

SB ORDER NO. 8 /2007 

No.113-11/2003-SB 

Government of India 

Ministry of Communications & IT 

Department of Posts 

Dak Bhawan, Sansad Marg, 

New Delhi-110001. 

Date: 15.6.2007 

To 

All Heads of Circles/Regions 

Addl. Director General, APS, New Delhi. 

Subject:- Remittance of SBMO to HO/SO by field post offices in case of SB deposits received at Field Post Offices for credit into SB accounts standing at Civil Post Offices. 

Sir / Madam, 

The undersigned is directed to say that the APS Directorate has brought to the notice of this office that intimation of credit of SBMO in the respective accounts standing at SOs is either not sent or sent late by Head Post Offices to Sub Post Offices, which is resulting in number of complaints by the depositors. To avoid inconvenience to the depositors of APS, it was proposed by APS Directorate that APS field units may be authorized to draw SBMO directly to Sub Post Offices if the account is to be opened at SO or subsequent deposit is intended to be made in account standing at SO. The proposal was considered and it has been decided to agree with the proposal. For implementing the same, it has been decided to modify/amend some provisions of Rule 24 of POSB Manual Vol-I. The modified Rule-24 may be read as under:- 

Rule-24 OPENING OF ACCOUNTS THROUGH FIELD POST OFFICES BY DEFENCE PERSONNEL 

24 (1) Under the rules of the Postal Manual (War), SB deposits are received at all Field Post Offices for credit. Free of charge, to post office saving accounts. 

(2)- When a SB deposit is received by a Field Post Office, the amount will be remitted by money order to the concerned HO/SO on the ledgers of which the depositor’s account stands or (in case of new account) is to stand. No commission will be charged on the money order which will be termed as SB money order and the letters “SB” will be prefixed to the number of money order wherever it occurs. The following particulars will be given on the coupon of the money order under the field Post-Master’s signature:- 

(a) Number of saving account and the name of the post office where the account stands or in the case of new account, the words” New Account” and the name of the post office at which it is to be opened. 

(b) Full name and address of the depositor 

(c) Balance after deposit. 

(3)- In case of new account, SB Money order should be sent by the Field Post Office to the concerned HO/SO enclosed in a registered cover addressed to the Head/Sub Postmaster concerned along with the application forms, pay-in-slip and one additional specimen signature slip in case the account is to be opened at SO or two additional specimen signature slips in case the account is to be opened at BO in account with a SO. The Head/Sub Postmaster will take payment of the MO and credit the same under SB for a new account to be opened. The HO/SO should after scrutiny as prescribed in Rule 23, open an account for the depositor and prepare a passbook as per Rule 25 below and send it to the Field Postmaster by registered post for delivery to the depositor. 

(4) In case the account is to be opened in a BO, the account office either HO or SO should communicate the transaction to the BO in the next BO Slip and specimen signatures should also be sent. 

(5) A SB Money Order received by a Head Office/SO from the Field Post Office should be encashed under the Postmaster/Sub Postmaster’s signature and the money order coupon transferred to the SB branch along with the application form and pay-in-slip concerned in the case of new account to be opened. 

(6) M.O. Coupon should be attached to the list of transactions and should be preserved/destroyed along with the latter. 

(7) In case of subsequent deposits received through Field Post Offices the pay-in-slip will be prepared by Head/Sub Office, and signed by the Postmaster/Sub Postmaster. 

(8) The counterfoil of the pay-in-slip should be pasted to the reverse of the money order acknowledgment i.e. the side on which the signature of the payee appears. In case of new account, the MO acknowledgment may also be included in the same registered cover in which passbook is sent to Field Postmaster. The Postmaster/Sub Postmaster will ensure that this is done by the counter Assistant. All other Savings Bank money order acknowledgments will be transferred on the same day to the MO Paid branch by entry in the hand-to-hand receipt book of the SB branch. The MO paid branch will post these SBMO acknowledgments to the concerned Field Postmaster in a service envelope. 

3. It is requested that this may kindly be brought to the notice of all concerned for information, guidance and necessary action. 

4. This issues with the approval of Member (I&FS) 

Yours faithfully, 

(Kawal Jit Singh) 

Assistant Superintendent Posts (SB&CC) 

Copy to- 

1. Director of Audit (P&T), Delhi.

2. All Directors/Dy. Directors of Accounts, Postal

3. Director, Postal Staff College, Ghaziabad.

4. All Directors, Postal Training Centers.

5. DDG(FS)/DDG(VIG)

6. ADG(BS)

7. AD Inspection/PF/Vigilance/Postal Accounts Section

8. All Accounts Officers ICO(SB)

9. All recognized Staff Unions and Associations.

10 Min. of Finance (DEA) NS-II section, North Block, New Delhi.

11 PS to Member (I&FS)