Small Safety Deposit Box Size

The deposit box and the home safe.

Small safety deposit box size.

Safe deposit boxes are a good place to keep hard to replace documents such as contracts and business papers military discharge papers and physical stock and bond certificates along with small. While all boxes tend to be 18 to 24 in length larger sizes are available with faces measuring 5 x5 or 10 x10. You can rent a safe deposit box at the bank you can dig a hole in the backyard or you can buy a home safe. Written by dillon thompson published on march 1 2020 note.

A safe deposit box often referred to as a safety deposit is a small locked metal container stored in a vault within a bank. The average cost of a safety deposit box changes according to the size of the box and the location of the bank where it is stored. Safe deposit box rentals range from 60 to 500 annually plus applicable taxes. Let s eliminate the hole in the ground right off the bat.

We spoke with numerous banks around the country and found that annual safe deposit box prices can range from as low as 49 for a 3 by 5 inch box to as high as 360 for some 10 by 10 inch options. Consider keeping valuable documents and small items in a safe deposit box that s securely stored inside a vault at your local rbc royal bank branch. However depending on your banking account this service may be available to you at no additional charge or at a. On average the banks we surveyed charge about 60 annually for their smallest boxes which are usually 3 x5 x24.

One which remains with the bank and one which goes to the owner of the box. With the safe deposit box your valuables are tucked away in a vault behind a steel door about 2 feet thick. That leaves 2 viable options.