What is a safe deposit box?

A safe deposit box is a secure container, usually made of metal, that’s used to store valuables at a bank or credit union. These boxes are often kept in vaults and can be rented by bank customers for a fee.Some private vault facilities offer safe deposit boxes as well.

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                                                               What should go in a safe deposit box​？

Antiques, documents and anything that’s difficult or impossible to replace that isn’t needed on demand could be worth putting in a safe deposit box.

Good things to put in a safe deposit box include:

• Personal papers

• Stamp or coin collections

• Jewelry or rare collectibles

• Important contracts and business papers

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                                                                       Why use a safe deposit box?

Safe deposit boxes can provide added safety beyond what you may have available at home. Some users know first-hand that keeping items in a safe deposit box can be more secure than storing them in your home.