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Can I rent a safe deposit box if I don’t have a bank account with the bank?

Curious about Safe Deposit Boxes

Can I rent a safe deposit box if I don’t have a bank account with the bank?

The policies regarding renting a safe deposit box (also known as a locker) may vary from one bank to another. Generally, banks require customers to have an account with them before renting a safe deposit box. Having an account with the bank helps establish a customer relationship and provides a means for the bank to collect fees associated with the safe deposit box rental.

However, it's essential to check with the specific bank where you're interested in renting a safe deposit box. Some banks may have different policies or may consider allowing nonaccount holders to rent a safe deposit box, but this can be less common.

If you do not have an account with a bank but wish to rent a safe deposit box, you should inquire directly with the bank to see if they offer such services to nonaccount holders and to understand their specific requirements, fees, and terms and conditions. Keep in mind that providing proper identification and complying with the bank's procedures will likely be necessary, even if you do not have an account with them.

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