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banks see the service as ancillary to their core business. Additionally, despite the public perception of safe deposit boxes as being extremely secure, there is little incentive for banks to actually ensure this is true; there are no federal laws in the US governing the matter or rules that would require compensation to customers if property stored there is stolen or destroyed.
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In the United States and elsewhere, safe deposit boxes are considered a "legacy service"; many new bank branches do not bother to install any. In the 20th century, bank branches were more prestigious; in the 21st century, space has grown more valuable with higher land values and rents, and many
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offer safe deposit boxes or small safes to their patrons, for temporary use during their stay. These facilities may be located behind the
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for the safe deposit box in order to cover e.g. theft, fire, flooding or terrorist attacks.
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or other institutions. Safe deposit boxes are used to store valuable possessions, such as
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The contents of safe deposit boxes may be seized under the legal theory of
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67:, remaining intact despite the destruction of the bank that housed it.
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174:, or securely anchored within private guest rooms for privacy.
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Secure container for storage of valuables – usually in a bank
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30:"Safe deposit" redirects here; not to be confused with
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256:"Why treasures in safe deposit boxes get 'lost'"
357:The quiet disappearance of the safe deposit box
87:. Safe deposit boxes are generally located in
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222:Hotel Online data base of News and Trends.
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220:Safety Deposit Boxes and In-Room Safes.
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352:The History of the Safe Deposit Box
254:Liz Pulliam Weston (22 June 2005).
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314:"Safe Deposit Boxes Aren't Safe"
312:Cowley, Stacy (19 July 2019).
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131:, which need protection from
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234:"Safety Deposit box Dubai"
147:, or other perils. In the
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362:Safety Deposit Box Guide
195:Banking in Switzerland
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55:Safe deposit vault in
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281:American Safe Deposit
200:Numbered bank account
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387:Security technology
65:2011 Joplin tornado
319:The New York Times
179:abandoned property
125:birth certificates
77:safety deposit box
75:, also known as a
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18:Safety deposit box
274:"Search Warrants"
16:(Redirected from
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392:Money containers
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290:on 14 April 2018
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101:precious metals
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331:. Retrieved
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285:the original
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237:. Retrieved
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168:cruise ships
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113:luxury goods
93:post offices
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34:in Scotland.
32:Safedeposits
239:20 December
119:, property
371:Categories
206:References
109:securities
85:bank vault
63:after the
45:Swiss bank
328:0362-4331
260:MSN Money
153:insurance
145:tampering
97:gemstones
294:14 April
189:See also
105:currency
61:Missouri
382:Privacy
333:19 July
164:resorts
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166:, and
160:hotels
127:), or
57:Joplin
288:(PDF)
277:(PDF)
158:Some
141:flood
133:theft
123:, or
121:deeds
117:wills
89:banks
335:2022
324:ISSN
296:2018
241:2022
137:fire
81:safe
83:or
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
