Not perfectly safe, if that's what you mean.vbdoug wrote:Just how safe are bank safe deposit boxes? I use one and a lot of bank employees see my take stuff in and out. How safe are bank safety deposit boxes?
Presumably your bank follows federal law and provides small enclosed rooms for you do whatever it is you do with the contents when you gain access, away from prying eyes.
My local brick and mortar bank employees see me come in frequently, at least monthly, sometimes more often, to access my storage space. They do not want to know that I'm just exchanging off-site backup media. I wouldn't pay the rent just for that, but I have other reasons to, and there's enough space left that I may as well use it for that purpose, too. Maybe they could profit by recycling the legal-sized paper documents I rent the box to preserve, but I bet it wouldn't be worth the legal liability they'd personally incur.
Highly-capable physical thieves are the threat, not bank employees.
Bank employees can't, on their own, access the contents of your box, because they don't have your key. Of course, metal is metal, and a locksmith can drill out the lock, but not in secret because it's time-consuming and noisy. That's a feature of the locks, not a bug. Multiple people have to agree that the drilling is justified, document why and sign their names, and the licensed and bonded locksmith won't drill unless satisfied all the paperwork is correct.
But no, they aren't perfectly safe from each and every hazard, if that's what you're asking.