MrsHaloFIRE
Full time employment: Posting here.
- Joined
- Jun 18, 2018
- Messages
- 929
https://www.nytimes.com/2019/07/19/business/safe-deposit-box-theft.html
"There are an estimated 25 million safe deposit boxes in America, and they operate in a legal gray zone within the highly regulated banking industry. There are no federal laws governing the boxes; no rules require banks to compensate customers if their property is stolen or destroyed."
Apparently banks are on the hook for very little if contents disappear to bank's negligence. Im surprised by this. Did y'all know this? Disclaimer: I don't have one
"There are an estimated 25 million safe deposit boxes in America, and they operate in a legal gray zone within the highly regulated banking industry. There are no federal laws governing the boxes; no rules require banks to compensate customers if their property is stolen or destroyed."
Apparently banks are on the hook for very little if contents disappear to bank's negligence. Im surprised by this. Did y'all know this? Disclaimer: I don't have one