Envelope from the mid-40s British Post and Telegraph Department

A special envelope from the mid-1940s even before the establishment of the State of Israel

BANKING POINT OF SAVINGS BABK To Mr. Zeev Ben-Ari 25 Gordon Street, Tel Aviv

The envelope was examined by the British censor who controlled the country

Very rare envelope

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SAVINGS BANK is a financial institution whose main purpose is to receive savings deposits and interest on deposits.

Their origins in Europe were established during the 18th century with the aim of providing access to savings products for all levels of the population.

These early banks are often designed to encourage low-income people to save money and access banking services.

They were established by governments or by socially committed groups or organizations such as credit unions.