When opening a safe deposit box (individual vault) at a bank, it is important to know that you are renting a secure place to store documents, valuables, or money with complete anonymity. The bank does not know the contents; however, it is prohibited to store firearms, explosives, toxic substances, and/or items that pose a security risk. 

MainNuances:

  • AnonymityandAccessibility: The safe deposit box is accessible to no one but you. You receive an individual key or code.
  • AgreementandCost: The safe deposit box is rented for a specific period (e.g., 1 month, 1 year), for which an agreement is executed. The cost depends on the size of the safe deposit box.
  • Rules: Some banks restrict the type of contents (e.g., only certain currencies or limited coins) 
  • KeyLoss: In case of key loss, the safe deposit box is opened by a special commission, which involves additional costs