You can visit your box any time during normal business hours and the institution will have you provide proof of identification before accessing your belongings.Īs the owner of the Safe Deposit Box, only you will know the contents of what’s inside. Be sure to keep your key in a secure place since you hold the only copy. If there are any available, you can rent them on an annual basis.Ī Safe Deposit Box takes two keys to open – your key, plus a key kept by the institution. Safe Deposit Boxes are kept in a secure vault and are usually limited in quantity. You’re in the market for a Safe Deposit Box! The first place to check will be with your bank or credit union. You inherited some rare coins from your grandfather and don’t feel that it’s safe to store in your apartment. The box has a dual lock system, for security, requiring two keys to open it. These boxes are offered for account holders to rent, if available, and are used to keep valuables and important documents. A Safe Deposit Box is a secure container, usually a metal box, located in the vault of a financial institution.
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