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What is a Safe Deposit Box?

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What is a Safe Deposit Box?

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Many of us are afraid to keep our valuables in our homes. Though we’d love to feel as if our family treasures and important documents are safe, the fact of the matter is that the unthinkable does happen. In addition to being the spoils of a robbery, our valuables can become damaged due to fire, flooding or another act of nature. For this reason, a safe deposit box is a good idea. A safe deposit box is a locked container kept inside of a bank vault. These boxes come in many different shapes and sizes and are made of a fireproof material. They’re not free though. A safe deposit box is rented much in the way one would rent a post office box. The amount of money you pay depends on the size of the box desired. Items that are good candidates for a safe deposit box are important documents, such as the deed to a house or a last will and testament, and treasured family heirlooms such as jewelry. Anything you’d rather not see fall into the wrong hands should be kept in a safe deposit box. When y

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Safe deposit boxes are compartments of the steel locker built in special rooms of the Safe Vault that are rented to clients for keeping their valuable (documents, jewelry, securities, numismatist and philately collections, reserve keys etc), with the guarantee of discretion and safety. Objects that may endanger the security of other safe deposit boxes and the bank’s premises, or damage safe deposit boxes or their contents, such as inflammable objects, explosives, radio active substances, materials that are liable to disintegration and damage, cannot not be held in the safe deposit boxes.

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A safe deposit box is a sturdy container that can be rented for storing valuables. These boxes are retained in small compartments — each has a separate lock. Safe deposit boxes are available in a variety of sizes.

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