Bank safe deposit box and Safebox24 safe deposit box - learn the differences

Do you know the differences between a bank safe deposit box and a Safebox24 safe deposit box? It's worth knowing these differences.

Safebox24 is the first independent vault and depository operator in Warsaw and already has many customers who previously had a bank safe deposit box. As banks close their vaults and limit the provision of safe deposit box rental services, customers are looking for alternative options for storing their valuables, souvenirs, documents, and savings.

A bank safe deposit box has its advantages and disadvantages, all of which are worth mentioning. The advantages certainly include the history and experience in operating vaults and renting safe deposit boxes. Customers also attach great importance to the bank's credibility and the fact that they are entities monitored by the Polish Financial Supervision Authority, the General Inspectorate of Financial Information (GIIF), and the Office of Competition and Consumer Protection (UOKiK).

The main disadvantages are the poorly modern vault facilities, the lack of insurance for the vaults and the safe deposit boxes themselves, and the lack of protection of the contents of the safe deposit boxes by the Bank Guarantee Fund.

There are also inconveniences related to the limited availability of bank safe deposit boxes, short vault opening hours and limited access to the safe deposit box, and the ban on depositing cash in a bank safe deposit box.

"Warsaw Safe Deposit Box," the service offered by Safebox24 in Warsaw, is in many ways an interesting alternative to a bank safe deposit box. The Warsaw vault is a modern facility built from scratch at 49A Koszykowa Street, behind Konstytucji Square. Certified by the Institute of Precision Mechanics, it is open 24/7, and offers a range of customer amenities. The Safebox24 safe deposit box is individually insured and allows cash deposits. Access to the vault and the safe deposit box is based on hand and facial biometrics and does not require the assistance of staff or security. The facility is secured and monitored 24/7. A contract and access to the safe deposit box are virtually instantaneous, and customers can request entry to the underground parking lot in the vault building. The safe deposit boxes are available in three sizes, all of which fit A4 format and are even suitable for firearms.

Below, we've summarized the key differences between a bank safe deposit box and a Safebox24 safe deposit box. All important information about renting a safe deposit box can be found on our website, www.safebox24.pl.