Usually the renter holds his key called the renter key and the bank attendant holds a key called the guard key. What makes a safe deposit box unique is that it often requires two people to get it open simultaneously, the renter and a bank attendant. These boxes can be rented from banks, credit unions, post offices or other institutions that offer private safe deposit box business.Ī typical double key lock safe deposit box We will also cover a lot about private safe deposit boxes if you are interested in storing your items in non-bank facilities.Ī safe deposit box, also known as a safety deposit box, is a secured metal container that usually stays in a large safe or bank vault, for storing and safekeeping valuables and important documents. This guide includes all aspects and common questions related to safe deposit boxes to help readers make the best decision when they want to rent a box. The renter and the bank staff are required at the same time to open the box, which makes safe deposit boxes a lot more secure than regular safe storage products like home safes or security cabinets. These boxes are usually located and protected behind a thick bank vault. A safe deposit box is one of the most trusted and secured places to store your valued assets, such as property, important documents and jewelry.

Union bank safe deposit box