Lesson one post and telecommunication
EXPRESS DELEVERY
     This postal service is also known as SPECIAL DELIVERY. It is a
postal service whereby the post office delivers mails quicker than the
ordinary mails. Special charges are made for the service rendere.
       The other postal service of the post office may include
   1) Franking machine: this is also known as postage metal. It is a machine used
      by the post office to print or stamp the values of the postage fee on
      documents or mails without sticking actual stamps on them.
   2) Post office box: these are small boxes located outside the post office walls
      with numbers and keys assigned to owner/customers. The owners are
      members of the public institutions or businessmen who pay annual
      deposited of the post office.
   3) Private mail bags (BMP): the service is of the post office is the same way
      like the post office box. The only deference is that the boxes have specially
      designed bag, locked and keyed and are only opened in the presents of the
      post office head
   4) Return office : this is the service in the post office which takes care of mails
      and parcels which cannot be delivered because of either a wrong address
      or other things.
   5) Post stamps : this are small labels that are affixed on mails, items or
      documents to show that the postage has been paid.
B) FINANCIAL SERVICES OF THE POST OFFICE
        The financial services of a post office include;
    Means of payment
    Post office saving bank
    Postal cheque system
        Means of payment: the various means of payment used by the post
        office to assist businessmen include
Lesson one post and telecommunication
           a) Postal order: it is also known as mandates. It is a means of payment
              through the post office used by business men or individuals to
              transfer small amount of money to other individual or business men
              who are in the same town or country.
           b) Postal giro: this is also known as national giro. It is a banking service
              that exist in most post, it operate like the current account of the
              commercial banks. Payments are made with the use of Giro cheques.
              While credit transfer and standing order facilities are provided under
              this method of payment .
           c) Money order : it is a payment method used by the post office to
              transfer large amounts of money to particular individuals in the same
              country. The charges paid for the amount of money send will depend
              on the amount of money sent (if the money is high the charges will
              be) the charges paid for the order are called poundage. there are
              various types of money order
                 I. Letter money order
                    This money order is usually used for small amounts of money.
                    They are usually sent to the beneficiary through ordinary mails
                    if the money gets missing the sender will not be compensated.
                II. Cash money order
                            It is a form obtained from the post office and filled by
                            those who wish to send specific amount of money when
                            the form is filled charges paid the sender is issued a
                            receipt as prove that a certain sum of money has been
                            sent and if it is missing he would compensated. This
                            money order can be used both internally and externally
               III. Telegraphic money order
                            This is a service of post office which is no longer used. It
                            was a means of payment through which money was
                            speedily sent from one country to another through the
                            post office by means of a telegram.
               IV. Internaltional money order
Lesson one post and telecommunication
                            This is an electric means of sending money international
                            by the post office. It a means of transferring money
                            between countries that are either in the same economic
                            (known as preferential money order) grouping or the
                            same economic grouping (general money) and the
                            charges will be high.
               V. Express money:
                            It is also known electronic money order. It is the fastest
                            means of sending money through the post office. The
                            sender writes out the amount, name of the receiver and
                            the amount to be sent on form presented by the office
                            clerk. This money is sent to the receiver through an
                            electronic machine.
               VI. The post office service bank
                            This is a financial institution under the post office which
                            is out to facilitate and encourage saving by the public
                            cooperate bodies. This is to encourage economic
                            growth.
              C) TELECOMMUNICATION SERVICES
               DEFINATION; it is the means of transmitting information, images as
              well as signals over long distances using electronic devices such as
              telephones; telegram; internet etc
                     Information transmitted is immediately delivered unlike the
              post services.
              The telecommunication services rendered include
                  a. Telephone: it is a device that is been used to transmit human
                     voices from place to another it is connected over long
                     distances by wire lines or wireless methods.
                     There are two types of telephone system fixed phone and
                     mobile phone system
                     Assignment why is the telephone system important
                  b. Facsimile (fax) : it is a method of sending documents, images
                     over long distances using a facsimile machine or a telephone
Lesson one post and telecommunication
                     system. It is sent with the help of a machine called fax
                     machine
                  c. Telex :
To be continued