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The Pamphlet Collection of Sir Robert Stout: Volume 47

How to send Money to British Columbia

How to send Money to British Columbia.

The emigrant is not recommended to take British coin to British Columbia. He should pay that portion of his money not wanted on the passage to the Post Office in Great Britain, and get a money order for it payable in Victoria, or he may pay his money either to the Bank of British Columbia, East India Avenue, Leadenhall Street, London, E.C., (the bankers for the Government of British Columbia) or to the Bank of British North America, Bishopsgate Street Within, London, E.C., and get from the bank, in exchange for his money, an order payable on demand from its Branch Bank in Victoria, British Columbia, for the equivalent of his money in dollars and cents.

The equivalents at present given for money thus deposited are about as follows:—
£ Gold Dollars. Cents.
5 paid in England would realise 24 .25 in Victoria.
10 paid in England would realise 48 .50 Victoria.
20 paid in England would realise 97 .00 Victoria.
50 paid in England would realise 242 .50 Victoria.
100 paid in England would realise 485 .00 Victoria.

The emigrant, on paying his money to the Bank, must sign his name on a separate piece of paper, and ask the Bank to send the signature to their Branch Bank in Victoria, so that the person who applies for the money in Victoria may be known to be the proper person. If this is neglected, the emigrant may not be able to get his money in Victoria readily.

The above banks have agents in England, Scotland, and Ireland. The Bank of British North America has its own branches in the Dominion of Canada, New York, and San Francisco. The Bank of Montreal is the agent of the Bank of British Columbia throughout Canada and New York, and the Bank of British Columbia has its own branches in San Francisco, and in Port- page 29 land (Oregon). Both banks have correspondents in Mexico, Japan, China, Australia, and New Zealand.

The American Express and Banking House of Wells, Fargo, and Co., which has branches in many parts of the United States, has a branch in Victoria, British Columbia.