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Safe deposit boxes

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  1. #1

    Join Date
    Aug 2013
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    Safe deposit boxes

    Related to the gold bullion thread but also useful for general storage of important documents/items etc.

    What price level are safe deposit boxes at with the banks and how hard is it to get one?


  2. #2

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    May 2014
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    Subject to size from 1k to a few grands a year, but be prepared for a wait list .

    MandM! likes this.

  3. #3

    Join Date
    Feb 2011
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    Size, location, wait list, etc....

    Few hundred to several thousand.


  4. #4

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    Oct 2006
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    I've looked into this before and haven't had much luck. SCB offered me one, but the size would have been smaller than an A4 envelope.


  5. #5

    Join Date
    Dec 2010
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    2,957

    Don't just look to the big banks like HSBC Hang Seng Standard Chartered. Try the smaller ones and you might have more luck. I did so and had to open up an account so I have 5000 parked in that current account and now I have a safe deposit box.

    shri and spode like this.

  6. #6

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    One small issue with smaller banks and their branches - they move(!) their locations frequently when leases expire / business is slow etc. I've seen removal notices from a small bank we have an account with (3 moves in 8 years) which have included "please clear your safe deposit boxes" in them.

    Try BOC, Hang Seng, BEA and some of the other banks and see if they have space in their head office location - doubt they do, but never know.


  7. #7

    Join Date
    Nov 2005
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    i heard most ran out. i only have a small little dock in HK BOC for storing of some physical stuffs.. can't squeeze A4 in unless you fold it twice.

    think its 800/a


  8. #8

    Join Date
    Nov 2009
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    Yes, perhaps a good idea to avoid this bank.....

    Bank junks deposit boxes in renovation blunder | South China Morning Post

    gigglinggal likes this.

  9. #9

    Join Date
    May 2016
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    8
    Quote Originally Posted by Geraldo
    Yes, perhaps a good idea to avoid this bank.....

    Bank junks deposit boxes in renovation blunder | South China Morning Post
    That might just be the safest choice, because they will do everything so this never ever happens again.

  10. #10

    Join Date
    Dec 2009
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    106
    Quote Originally Posted by Geraldo
    Yes, perhaps a good idea to avoid this bank.....

    Bank junks deposit boxes in renovation blunder | South China Morning Post
    Yikes. Any idea how the claims were eventually settled ?

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