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Safe Deposit Boxes

What Is The Procedure For Renting A Safe-Deposit Box?

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As a general matter, to rent a safe-deposit box you complete and sign a lease agreement with the bank in which the box is situated.

The agreement contains:

  • Your name.
  • The bank's name.
  • The number of the Safe Deposit Box.
  • The annual rental fee.
  • The annual renewal date.
  • Names of the people authorized to enter the box.
  • Terms and conditions of the agreement.
  • Your and the bank's signatures.

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