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Are lock boxes in banks still a thing in the US? In Europe you have to go to some central bank to get such a service, I don't think medium cities branches do t
by ozim 5y ago
Are lock boxes in banks still a thing in the US?
In Europe you have to go to some central bank to get such a service, I don't think medium cities branches do that.
- emteycz 5y ago> In Europe you have to go to some central bank to get such a service, I don't think medium cities branches do that. What? No. It's absolutely normal even in very small towns (~ 5k). Also, post offices offer the service.
- ozim 5y agoWhich country? You can get a PO box but it is not a safe deposit and would not keep there anything valuable for longer that a day or two. Getting a box in the bank on the other hand was tough as I was looking for it in Poland/Netherlands/Germany, banks don't care and it is more hassle for them than it is worth.
- hansvm 5y agoThey are, but your protections are pretty minimal. We have more theft by our government (civil asset forfeiture) than by actual thieves. Not just that, banks themselves have proven to be unreliable with boxes independent of government theft. Example CAF case: https://www.google.com/amp/s/www.latimes.com/california/story/2021-09-19/fbi-seizure-cash-beverly-hills-vault-spawns-epic-court-battle%3f_amp=true https://www.google.com/amp/s/www.latimes.com/california/stor... Example bank fuck-up: https://www.nytimes.com/2019/07/19/business/safe-deposit-box-theft.html https://www.nytimes.com/2019/07/19/business/safe-deposit-box...