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File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [‎154v] (317/436)

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The record is made up of 1 volume (212 folios). It was created in 6 Mar 1915-23 Jan 1918. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .

Transcription

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terms.
Bank to keep
current
accounts of
Officers free
of charge.
Bank to
receive
salaries of
Officers.
rate exceeding by one-sixteenth of a penny per rupee the sterling
buying rate of the day at Mombasa and (b) In cases where the proceeds
are to be taken at Mombasa at the sterling buying rate of the
day there.
Bank to sell 12. The Bank will if and when required so to do sell to the
SSgTrafts Government sterling drafts or telegraphic transfers on London at a
on favourable rate more f avoura ble to the Government by one-eighth per cent, on
the amount of the moneys remitted or transferred than the terms on
which the Bank shall for the time being be transacting similar
business for its most favoured customer.
13. The Bank will keep free of charge the current accounts of
all Officers of the Government who may be willing to keep accounts
with the Bank and will cash at par at any branch of the Bank in the
Protectorate the cheques drawn by any such Officers on any branch
of the Bank.
14. The Bank will on receiving from the Treasurer for the time
being of the Government every month or at such other regular
intervals as the Government may determine a list of Officers who
have accounts with the Bank and of the salaries due to them respectively
together with a cheque for the aggregate amount credit such Officers
with the amounts of their respective salaries free of charge to such
Officers or the Government.
15. In case any Officer named in any such monthly or other list
shall have died or ceased to be entitled to salary before the date up to
which the amount of his salary so remitted to the Bank is calculated
the Bank shall on demand refund to the Government such proportion
of such amount in respect of the period from his death or ceasing
to be entitled to salary to the date aforesaid not exceeding a sum
equal to seven days’ salary as the Government may demand.
16. The Bank will effect remittances to Officers of the Govern
ment in respect of their salaries or allowances paid into the Bank by
the Government at the rate of exchange of Is. 4d. per rupee.
Provided that the Bank shall be at liberty on giving six calendar
months’ previous notice in writing to the Government to alter such
rate of exchange to such other rate of exchange as may be agreed
between the Government and the Bank or failing agreement to the
current rate of exchange.
17. The Government will (provided the Government’s
S.S. “ William Mackinnon ” or any other steamship belonging to the
Government shall for the time being be running between Entebbe
Kampala and Jinja or vice versd or motor vans belonging to the
Government shall for the time being be running between Entebbe
and Kampala or vice versci and there shall be sufficient accommodation
on such steamships or motor vans available for the purpose) transport
Bank to
refund
amounts
overpaid on
salaries of
Officers.
Rate of
exchange of
remittances
by Bank to
Officers of
Government
Government
to provide
free transport
of specie.

About this item

Content

The file consists of correspondence and other papers mostly related to the Eastern Bank being invited by the Secretary of State for India to open a branch at Basra and to conduct the banking business of the Government of India at Basra. It also includes papers relating to: the Eastern Bank offering the services of their Baghdad branch to the Government of India, and the status of the Baghdad branch; the proposal of the Eastern Bank to open new branches at Ahwaz, Dizful [Disful] and Bahrein [Bahrain]; the Bank’s suggestion that all its employees in India should be exempted from military service (in the First World War); and applications for passports by the Bank for Bank employees.

The file mainly consists of internal India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. notes, Minute Papers, and Reference Papers, and correspondence between the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. and the following: the Manager of the Eastern Bank, Limited, London; the Viceroy of India, Foreign Department; and the Foreign Office. It also includes India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. correspondence with the Treasury, the Colonial Office, the Imperial Bank of Persia, the War Office, and other correspondents.

The file includes a divider which gives the subject number, the year the subject file was opened, the subject heading, and a list of correspondence references by year. This is placed at the back of the correspondence.

Extent and format
1 volume (212 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the file.

The subject 74 (German War) consists of four volumes, IOR/L/PS/10/528-531). The volumes are divided into six parts, with parts 1, 2 and 3 comprising one volume each, and parts 4, 5 and 6 comprising the fourth volume.

Physical characteristics

Foliation: the foliation sequence (used for referencing) commences at the first folio with 1 and terminates at the last folio with 212; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.

The foliation sequence does not include the front and back covers, nor does it include the leading and ending flyleaves.

Written in
English in Latin script
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File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [‎154v] (317/436), British Library: India Office Records and Private Papers, IOR/L/PS/10/529, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048311415.0x000076> [accessed 29 March 2024]

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