A safety deposit box requires two keys to open.
Understanding Safety Deposit Box Keys
Safety deposit boxes offer a secure way to store valuable items. According to information about safe deposit boxes, accessing these boxes involves a dual-key system:
- Your Key: This key is provided to you when you rent the box.
- Institution's Key: The financial institution also holds a key.
Both keys are required to open the box, enhancing security. Safe deposit boxes are typically located in a secure vault within the institution and are available for rent annually, subject to availability.