Information about Safe Deposit Lockers

2 min read

We, humans, afraid a lot but it is the fear that makes us smart and intelligent because it makes to take steps and actions to keep ourselves and our things safe. Therefore, there are lockers and safes.

What is safe deposit locker?

Safe deposit locker is a box that is provided to institutions like bank and hotels to keep the possessions of public safe and secure. They are also known as safe deposit box. The financial institutions keep the box locked to secure them. They will give you key or ask you to keep a code of it so that you can only open it. However, they keep one with themselves so that they will open the box for you if you would misplace the key. Thus, you are allowed to keep your possessions and important things but you are not permitted to keep all things in the locker.

What you can keep in the safe deposit locker?

You can keep so many things in safe deposit locker. Some of them are:

Money: You can keep as much bundles of money as you want and as much as they can come in the safe. However, it is advised to keep some amount at home because you can need it at anytime.

Confidential papers and documents: You can keep your will papers, birth certificates, marriage papers, documents of your property or any piece of document which you don’t want your closed ones find out in the locker.

Gold and jewels: The financial institutions permit the locker holders to place their gold or precious-stone-made- jewelry in the locker. You can keep the gold coins or earrings or any piece of jewelry.

Although, the lockers can resist water and hurricanes, holders are advised to pack their items in waterproof bag and then keep them in the locker. In this way, they will be more secure.

How to get safe deposit locker in the financial institutions?

A person can get locker on rent. He or she would have to pay rent from $20 to $200 per year. The price depends on the size of the locker and the name of the institute or banker where you rent the box. The institutes have different sizes of lockers. They offer different packages. The users are recommended to select the size and package according to the possessions, they are going to keep in the locker.

So, these are key-points which a person should know about the locker. There are deposit lockers for banks and financial institutions that guarantee to take care of the possessions of people. They can be used as document, money and luxury jewelry safes.