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Postal Manual Vol. VIII - India Post

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Example A<br />

Monthly Daily<br />

Rs. Rs.<br />

Average receipts . . . . . 900 30<br />

Average payments . . . . . 450 15<br />

Method prescribed for making and receiving remittances<br />

Period between two ordinary remittances . . Two days.<br />

Time within which a special remittance can be obtained<br />

In case of emergency . . . . . One day.<br />

In mail bag, by railway and<br />

Steamer<br />

Here the payments average only Rs. 15 per day, while the receipts are twice as great, and in<br />

case of need, money could be obtained in a single day. The minimum balance should, therefore,<br />

be fixed at Rs. (15x1) + (25 per cent on 15) = Rs. 19, say Rs. 20.<br />

The maximum balance should be Rs. 20+[(30-15)x2] = Rs. 50.<br />

Example B<br />

Monthly Daily<br />

Rs. Rs.<br />

Average receipts . . . . . 1,200 40<br />

Average payments . . . . . 900 30<br />

Method prescribed for making and receiving remittances In mail bad, by runner’s line worked in<br />

the day time.<br />

Period between two ordinary remittance<br />

Four days.<br />

Time within which a special remittance can be obtained in<br />

case of emergency<br />

Two days.<br />

Here the payments average Rs. 30 per day, while the receipts are only slightly in excess of<br />

the payments, and in an emergency, a special remittance could not be obtained in less than two<br />

days. The minimum balance should, therefore, be fixed at Rs. (30x2) + (50 per cent on 30) = Rs.<br />

75.<br />

The maximum balance should be Rs. 75+[(40-30)x4] = Rs. 155.<br />

Example C<br />

Monthly Daily<br />

Rs. Rs.<br />

Average receipts . . . . . 3,000 100<br />

Average payments . . . . . 600 20<br />

Method prescribed for making and receiving remittances Through the overseer<br />

Period between two ordinary remittance<br />

Seven days.<br />

Time within which a special remittance can be obtained in<br />

case of emergency<br />

Three days.<br />

Here the payments average Rs. 20 per day, while the receipts are five times as great, and in<br />

case of need, a special remittance could be obtained in three days. The minimum balance,<br />

therefore, need not be more than Rs. (1/2 of 20)x3= Rs. 30.<br />

The maximum balance should be Rs. 30+[(100-20)x7] = Rs. 590.

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