Safe Deposit Boxes – what are the alternatives?

We’ve received a number of queries regarding alternatives to safe deposit boxes and thought it would be useful to write a blog on the topic. Read on to hear the thoughts from our safe experts who have over 30 years’ experience on the pros and cons of safe deposit boxes.

Are there alternatives to safe deposit boxes?

Yes there are. The main alternative to a safe deposit box would be a home or office safe. Safes come in a wide range of sizes, styles and insurance cover. If this is the first time buying a safe we’ve a helpful blog for you may like to read.

Like anything it all depends on the nature of your requirements. If you’re unsure as to what safe is best for you, get in touch with our safe specialists for some free advice. We can make your buying process easier.

Get in touch.

With news around the removal of safe deposit boxes from high street banks should customers be concerned?

It’s unfortunate that some banks have withdrawn the service they were offering their customers and in some cases increased the cost of the service. There are, however, still some providers offering safe deposit boxes in their stores. Our sister company BDB Lock and Safe are able to make and create bespoke safe deposit box storage, so if desired; contact them to have one made!

What are safe deposit boxes?

A safe deposit box is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions and come in a variety of sizes. They are rented and charged based on a tariff system.

What are the benefits of a safe deposit box?

Storing your items in a safe deposit box does have some benefits:

• they can provide a cheap solution to storing your important information for a short timescale
• Your items are stored away from your home reducing the risk of theft and are also protected from being lost or misplaced.

Are there any negatives to using a safe deposit box?

Like most things, there are always pros and cons. Safe deposit boxes are great for some people but not for all. Some of the downsides of safe deposit boxes include:

• you do not have 24/7 access to your safe deposit box
• items can get damaged within a safe deposit box
• There are some horror stories on the internet of those who have used them! However, we are sure that these instances are rare.

So, what about home and office safes, are they better?

In our honest opinion, and with the right safe fitted in the right way, a home or office safe is better than a safe deposit box. Home and office safes are available in such a variety that you’ll easily find a suitable safe that meets your requirements and is within your budget.

Home and Office Safes a handy introduction

Home and office safes can store cash, jewellery, valuables, paper work, important documents, keys, data disks to and a variety of other things. The initial question really lies with you, what do you need to store in your safe? Our on hand safe specialists can help, just give us a call.

Get in touch.

If you want to read about choosing the right safe or why a safe may benefit you take a look at some of our other helpful blogs.

Here are 7 tips for the buying the right safe

A safe investment

What are the benefits of having a safe in your house?

Having a safe in your own home allows you access to your valuables at any point. Home and office safes can be securely fastened and fixed to floors and walls, or alternatively buried under the floor making them as discrete as you wish.

If you’re unsure contact us to discuss your requirements with one of our safe specialists.

What types of safes are there?

From fireproof safes, waterproof safes, safes that weigh less than 6kgs to safes that weigh over half a ton, safes that lock with a key to safes that lock with finger print recognition the choice is wide and varied. Sometimes the best place to start is determining what you plan to store in your safe, then decide on your budget and finish with any optional extras you’d like to have. If you’re shopping for a safe following a request from your insurance provider you’re likely to be shopping for a safe with a cash rating, get all the info you need from the following blog.

What is a cash rated safe?

Here at AllAboutSafes we’re happy when you’ve got the best safe for you, choosing the right safe is important for you and for us, we really enjoy helping people choose. To get free specialist advice give us a call. We’re a family run business with over 30 year’s hands on experience. It’d be great to hear from you.