Family Research – English, Scottish and Irish Genealogy

6/6/2012

Australia – Convict Savings Bank Books, 1824-1886

In 1822 Commissioner Bigge prepared a report on convicts. In this report he suggested that any money belonging to and brought by the convicts should be taken and deposited into a savings bank account. Previously the convicts had been allowed to retain and use their money.

Commissioner Bigge’s suggestion was soon implemented. Surgeon-Superintendents on convict ships were entrusted with managing money during voyages. Upon arrival, the money was deposited into the Savings Bank. Once an account was opened for an individual, other friends and family members could also deposit money into the account. Generally, the money in this account could not be accessed by the convict until he or she could show proof of reformation. This could be demonstrated by receiving a ticket of leave, a pardon, or having completed a sentence. However, applications could be made to withdraw money from this account for special circumstances. for more click here

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