Starting in January, you will no longer be able to go to your bank and buy savings bonds. Get ready to hear lots of complaints from unhappy senior citizens, who are especially fond of buying the bonds as gifts for their grandchildren. The Bureau of the Public Debt , the arm of the United States Treasury that oversees the sale and redemption of bonds and other government securities, is scrapping paper savings bonds. The change is part of a broader initiative at Treasury to cut costs by shifting operations to the Internet. Last year, for instance, the department stopped the sale of paper bonds through workplace payroll plans. And in a move that has frustrated many older investors in particular, it is phasing out its older Legacy Treasury Direct system, which let investors buy and redeem Treasury bills and other government securities by telephone or mail.
PLANNING & GIVING
Intro to Series EE Savings Bonds Investing
How to buy print copies of official documents
Everything is changing so fast around us in this 21st century, thanks to the technology, which is playing a big role in our daily lives. Now, we can see that technological innovation has changed the way we pay the stamp duty, replacing the more than year old concept of getting the printed stamp paper from an approved stamp vendor, with e stamping. It is an online method to pay the stamp duty to generate the e stamp paper online. With introduction of e-stamping, you can now buy stamp paper online in Bangalore. Many of us are looking for e stamp paper near me and thinking how to get e stamp paper online in Bangalore , as there is little information as to where to buy stamp paper in Bangalore.
Electronic bonds are sold at face value. You will receive no physical paper bond. If you own paper bonds, you can convert them to electronic ones.