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Putting cash in bank safe deposit box

putting cash in bank safe deposit box

You may be able to register joint key holders who will have access to your box too.
Keep it in the safe-deposit box unless youre a frequent international traveler.One alternative is to keep these documents in a secure place at home, such as a fireproof lockbox or safe, and tell a trusted relative or friend where they are.Both photographic ID and proof of address will be required, similar to opening a bank account.It might even earn some interest.For instance, poke assistant iv London-based Metropolitan Safe Deposits rents boxes for 12-month periods at a time.Heres all you need to know about how to rent a box, and the pitfalls to avoid your prized possessions being snapped up by the bank.How do I rent a box and what does it cost?For instance, Metropolitan Safe Deposits provides 10,000 of insurance as standard, and you can top up for.52 a year per 1,000 of additional cover.Metro Bank is one, offering.5cm.5cm.7cm box for 200 a year.66 monthly.Put these.Is the fee for my safe deposit box tax deductible?Be patient with them.
But Elizabeth Seymour, a spokeswoman for JPMorgan Chase, said that while she did not have historical data available, Chase currently has safe deposit boxes in more than half of its branches and that they are still popular with customers.