More Privacy, More Safety
There are 2 types of Safe Deposit Boxes; Class I Deposit Box – mainly for silver and Class II Deposit Box – mainly for gold and platinum. Upon request, the boxes are brought to the private viewing room where they are unlocked by clients for their access.
Tamper Evident Seals
In addition to traditional practice of utilizing the lock and a key, all our safe deposit boxes are sealed with uniquely numbered, tamper evident metal seals. The fact that the seals are uniquely numbered and that they can only be cut in the presence of the client or authorized representative(s) eliminates the risk of internal tempering with the box (e.g. existence of double keys etc.) This also means that a new seal is issued every time the safe deposit box is locked.
Enhanced IT Protection
The customer 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.
Away from Other Jurisdictions
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 "financial account" for FATCA or FBAR reporting purposes by the US Internal Revenue Service, making this an excellent option for preserving your wealth.
Types of Safe Deposit Boxes
Class I Deposit Box
Designed to efficiently hold bulky items such as silver.
Can hold a massive 202kg (maximum of 6,500 troy ounces)
Measures approximately 99cm x 39cm x 28cm (39in x 15in x 11in).
Each box comes with a USD 50,000 liability protection, included in the rental price, which can optionally be increased up to USD 500,000 per box. View our Storage Fees
Class II Deposit Box
Designed to hold high value items such as gold and platinum.
Can hold 15.6kg (maximum of 500 troy ounces)
Measures approximately 58cm x 8cm x 6.5cm (22.8in x 3in x 2.5in).
Class II boxes are locked, sealed and stored within our UL Class II rated vault for gold and platinum – a separate vault within a vault. This vault has 30cm thick composite steel walls on all sides.
Each box comes with a USD 200,000 liability protection, included in the rental price, which can optionally be increased if requested. View our Storage Fees
Clients can nominate relatives or other individuals as their Authorized Representatives who will have the same rights as the client with the exception to change the Account Profile or terminate the account. There can be up to 4 Authorized Representatives per client with the first nominated Representative acting as a legal successor.
Additional Insurance (Liability Protection)
A client may wish to purchase additional insurance (liability protection) for the bullion stored in a Safe Deposit Box. In this case, the bullion will be ‘itemized’, i.e. placed into uniquely identiﬁed tamper evident bags provided by The Safe House. Itemized parcels are then covered by liability protection for the smaller amount of the two: the actual value of the declared bullion or maximum liability protection (insurance) purchased.
Initial Remote Deposit
If the client cannot physically be present at the vault for the initial deposit once the Safe Deposit Box account is opened, it is possible for our vault operators to deposit the items into a Safe Deposit Box on his or hers behalf. All items will be deposited with CCTV coverage and within itemized tamper proof parcels with full liability protection. A copy of the deposit receipt, CCTV recording and keys will be sent via postal mail to the client. Once initially sealed, Safe Deposit Boxes cannot be opened without the presence of the client or authorized representative(s).