Safe Deposit Boxes (SDBs) are ideal for clients who want absolute privacy. You have full control of what is stored in your SDB – bullion, jewellery, timepieces, or important documents.
Operated by our vault, The Safe House, SDBs are accessible only by hirers with their issued keys once they are closed and sealed with uniquely numbered tamper-evident metal seals.
Private property ownership is one of the pillars of Singaporean legal system and The Safe House is only subjected 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 the lock and a key, all our 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 that do not offer any insurance, clients have the option to insure stored bullion with our safe deposit boxes.
If you are unable to be present at our vault, you may hire a new SDB and instruct us to deposit bullion in it. The box will then be sealed and locked. The keys along with a video of the deposit process will be mailed to you.
Charges inclusive of 7% Goods and Services Tax.
* Assuming a USD/SGD exchange rate of 1.3126 as of 29 January 2023.