The Northman. (Portland, Or.) 1920-192?, May 06, 1920, Image 20

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    Are You Thinking of Sending
Money to Norway
DO IT NOW!
At the Present Time 30 Per Cent Is Made
On the Exchange Between the
Dollar and The Krone
Money may be paid in dollars to our credit at the National City Bank of New
York, N. Y. As soon as we receive notification that the money has been paid in,
w7e recon the amount in dollars into kroner, according to the best current rate. Or
you can go to a bank at your place of residence, buy a draft on a Norwegian bank
and send the draft to us. The deposit book will be sent . to you or kept free of
charge in our bank in accordance with your desire.
If you intend to visit Norway in the future, you should buy your exchange
now while the rate is favorable.
At the present our rate of interest is 5 per cent on
Savings deposits and 5% per cent on 6 months with­
drawal notice. Your deposit will be exempt from tax in
Norway.
The Bank of Commerce has a special department for American transactions.
We shall be pleased to give information, write to us.
The Norway Bank of Commerce, “Den Norske Handelsbank” was established
in 1885 at Trondhjems Bank of Commerce, “Trondhjems Handelsbank”, and it
has now a paid up stock capital of 41 Million Crowns and a reserve fund of 40
Million Crowns, with branch banks in Trondhjem, Kristiansund and Kristiania.
Trondhjem,
Kristiansund N.
Kristiania, February 15, 1920
THE
Norway Bank of Commerce
Den Norske Handelsbank