What You Should Not Store?
1. Emergency Items: Items that a person may need in emergencies or on short notice, such as cash, chequebooks, and credit cards, should not be kept in the safe deposit box. These items should be readily accessible when needed.
2. Original Copies of Documents: While it’s essential to store important documents in your safe deposit box, avoid storing only copies of important documents such as wills, trusts, and powers of attorney.
3. Illegal or Hazardous Items: Illegal items, hazardous materials, explosives, or drugs are strictly prohibited by law to be kept in the safe deposit box. Banks may report these activities to authorities if discovered.
4. Items Needed for Travel: Storing items needed for travel shall be avoided, such as passports, travel documents, and emergency cash, in the safe deposit box. These items must be kept in a secure location at home or with the owner of the documents.