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Banking > Advanced Banking > Safe-keeping


Bankers are in the business of providing security to the money and valuables of the general public. While security of money is taken care of through offering various type of deposit schemes, security of valuables is provided through making secured space available to general public for keeping these valuables. These spaces are available in the shape of LOCKERS. The latter are small compartments with dual locking facility built into strong cupboards. These are stored in the Bank's Strong Room and are fully secure. Lockers can neither be opened by the hirer or the Bank individually. Both must come together and use their respective keys to open the locker. To make this facility available to its customers, the Bank must provide:

  • Physical structures to house the lockers

  • Locker cabinets

  • Security arrangements

  • Record of access to lockers

 


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