Safe Deposit Boxes (SDBs) are ideal for clients who want absolute privacy. You have full control over what is stored in your safe deposit box, including bullion, jewelry, timepieces, and important documents.
Our Singapore safe deposit boxes are operated by our precious metal vault, The Safe House, and are accessible only to hirers with their issued keys once they are closed. Additionally, they are further secured with uniquely numbered tamper-evident metal seals.
Assets stored with our safe deposit box service are subject to exclusive Singapore jurisdiction. Private property ownership is one of the pillars of the Singaporean legal system, and The Safe House is only subject to Singaporean authorities.
A safe deposit box is not considered a reportable "financial account" in many jurisdictions, including the U.S.
Client information is stored on an offline standalone network. This physical detachment from outside networks and the Internet provides superior data security to ensure the maximum privacy of our customers.
In addition to the traditional practice of utilizing a lock and a key, all our secure safe deposit boxes are sealed with uniquely numbered, tamper-evident metal seals. This eliminates the risk of internal tampering with the box (e.g. existence of double keys, etc.) A new seal is issued every time the safe deposit box is locked.
Unlike other SDB solutions, which do not offer insurance coverage, you have the option to insure stored bullion with our safe deposit boxes. While you can also store other valuables in your safe deposit box, the insurance covers only bullion (investment-grade precious metals) declared to our vault staff.
If you are unable to be present at our vault, you may hire a new safe deposit box and instruct us to deposit bullion in it. Your safe box will then be sealed and locked. The keys along with a video of the deposit process will be mailed to you.
Your safe deposit boxes stored within our vault are protected by state-of-the-art security systems, including armed auxiliary police security personnel. This gives you absolute peace of mind when storing valuable items and bullion. Individuals entering our vault undergo additional security checks before they are granted access to their safe deposit boxes. Clients can use one of our vault's private viewing rooms when opening their safe deposit boxes.
We offer two safe deposit box sizes to secure your valuable belongings - a Class I safe deposit box and a Class II safe deposit box.
Here are the charges for our Singapore safe deposit box service. Safe deposit box rental fees are fixed in Singapore dollars and can be converted to any of the 8 currencies we transact in at prevailing rates.
Charges inclusive of 9% Goods and Services Tax.
* Assuming a USD/SGD exchange rate of 1.3041 as of 12 October 2024.