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Vault safe deposit box

tominator · 2017-03-20 00:25:35

Hi, I'm considering renting a safe deposit box in a vault to hold some cash. I'd appreciate all input to the following questions: Are there any pitfalls with this approach? Are there any obligations to having a deposit box that I should be aware of? Could anyone recommend a good vault or deposit box vendor? Thanks t

20-03-2017 12:25am

#1

tominator

Registered Users, Registered Users 2 Posts: 8 ✭

Join Date: February 2011

Posts: 1

Hi,

I'm considering renting a safe deposit box in a vault to hold some cash.
I'd appreciate all input to the following questions:

Are there any pitfalls with this approach?
Are there any obligations to having a deposit box that I should be aware of?
Could anyone recommend a good vault or deposit box vendor?

Thanks
t

0

Comments

#2 20-03-2017 7:57am

BrokenArrows

Registered Users, Registered Users 2 Posts: 7,501 ✭✭✭

Join Date: February 2005

Posts: 6935

tominator wrote: »

Hi,

I'm considering renting a safe deposit box in a vault to hold some cash.
I'd appreciate all input to the following questions:

Are there any pitfalls with this approach?
Are there any obligations to having a deposit box that I should be aware of?
Could anyone recommend a good vault or deposit box vendor?

Thanks
t

Why would you want to hold cash in a safety deposit box?

0
#3 20-03-2017 8:04am

Silane

Registered Users, Registered Users 2 Posts: 176 ✭✭

Join Date: November 2016

Posts: 166

Just buy a good safe and properly install it.

0
#4 02-04-2017 9:27pm

YossiA

Registered Users, Registered Users 2 Posts: 46 ✭

Join Date: September 2013

Posts: 43

Hi tominator,

I own some gold bullion and have a Safe Deposit Box with www.merrionvaults.ie

Hope that helps.

0
#5 11-05-2017 9:38am

tominator

Registered Users, Registered Users 2 Posts: 8 ✭

Join Date: February 2011

Posts: 1

Thanks YossiA

0