Tag Archives: Ireland

Latest Offshore Safe Deposit Box Promotions

Here are the latest limited-time specials from offshore safe deposit box facilities listed on this blog’s sister site (link included to web page where each promotion is displayed):

Asia

Titanium Safe Deposit Box (Kota Kinabalu, Sandakan, and Tawau in Sabah, Malaysia)- “Senior citizens 60 years old and above enjoy 25% off safe deposit box rental.”

Australia/Oceania

Custodian Vaults (Sydney, Australia)- “To celebrate the Lunar New Year, we are excited to offer 25% off a small box at Custodian Vaults for new customers who purchase an ABC Bullion Gold Lunar Rooster Coin at ABC Bullion!… This offer ends 28th of February 2017, so don’t miss out!”

Guardian Vaults (Melbourne and Sydney, Australia)- “Special Promotion. Call us today to hear about our Gift to You!”

Europe

Sentinel Vaults (Dublin, Ireland)- “Sentinel Vaults is now offering document safekeeping for only €50 and safe deposit boxes from €150. Yes, as little as 1 Euro a week for peace of mind. Our promotional prices for business or individual customers are for a limited time.”

Did I miss any limited-time promotions? Please let me know.

Christopher E. Hill
Editor

(Editor’s note: The above information provided by entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum has been compiled via a search of the Internet. Inclusion of this material on Offshore Safe Deposit Boxes should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on information found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Newcastle Vaults Opens In The North-East Of England

A new private vault- Newcastle Vaults- launched last month in the United Kingdom. Located in Newcastle upon Tyne (Newcastle), the most populous city in the north-east of England, the first independent safe deposit box facility in that region opened its doors on December 11, 2016. From the “About” page on the non-bank vault’s website:

Newcastle Vaults is part of a larger collection of vaults including Glasgow Vaults Scotland and Merrion Vaults Ireland – the largest independently owned safe deposit box centres in both countries. We offer safe-keeping services to private individuals and businesses, allowing the safeguarding of their most valued possessions in a secure state-of-the-art purpose-built vaults.

Our Vault facilities offer safe deposit boxes and lockers in various sizes to suit all client requirements. Smaller boxes are perfect for the storage of cash, jewellery, precious metals, valuable coins and computer back-up discs. The mid-size boxes are designed to keep documents and papers, house deeds and other important items. The large boxes would be ideal for luxury watch collections or jewellery items in-boxes, and are designed to hold larger amounts of valuables, paperwork and even artwork which need to be stored securely. We are also the only safe deposit box company to offer high security private walk-in vaults for the storage of fine Art and/or valuable furniture.

We are situated in Cloth Market, in the centre of Newcastle. We aim to provide a unique and five star service to our clients, ensuring the safety and security of their most valued possessions, documents, jewellery and irreplaceable items.

Newcastle Vaults, Glasgow Vaults & Merrion Vaults were founded by Séamus Fahy and David Walsh…

There’s also the following from a January 5 article on the website of the Safe Deposit Federation (SDF blogged about here), of which Newcastle Vaults is an approved member:

Boasting an underground/basement vault, with 7 day access – Newcastle Vaults has a range of box sizes available for rent on a monthly or yearly basis. Prices start at less than £3 per week (£150 per year), fully insured, with free insurance for year 1 on any locker/box rental…

With multi-level security access for clients, including Bio-metric fingerprint entry and facial recognition access, the vault is state-of-the-art and offers 5 star service and surroundings for box holders. “Our intention is to offer a world-class facility and service, with unsurpassed security and privacy for our clients, across all of our facilitys” says Nigel Doolin – Communications Director with the company – “We are looking at other locations in the UK and will strive to constantly improve both our service and offering with each new opening.”

In addition to being an SDF approved member, the Newcastle Vaults home page indicates it is also a registered company with the Financial Conduct Authority (FCA), “the conduct regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 24,000 of those firms.”

It was also mentioned in that piece on the Safe Deposit Federation website that Newcastle Bullion, “a premium gold buying and selling service based in Newcastle,” is also located within the same facility as the vault. From Newcastle Bullion’s website:

We offer clients the facility to buy and/or sell gold coins or bullion at highly competitive prices. Our pricing is based upon the realtime / current spot trading price of gold throughout the day. Call us to receive an up to the minute quote on your gold purchase or sale. We are located within the same facility as Newcastle Vaults allowing our clients a complete purchase and storage solution within the one location

We offer our clients the ability to purchase all of the leading gold coins such as; krugerrands, gold sovereigns, gold eagles, gold maples, Australian kangaroos plus many other varieties and types of gold coin. We also stock the finest quality gold bullion bars in a variety of sizes from 1 gram, 5 gram, 10 gram, 20 gram and 1 troy ounce up to 1 kilo from gold refiners such as Umicore and Argor Hereaus…

(Editor’s note: Bold added for emphasis)

Congratulations to Newcastle Vaults on their launch. Offshore Safe Deposit Boxes wishes them all the best with their new safe deposit box facility. For more information about Newcastle Vaults, visit their website here.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum, or other businesses named above, should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Related Reading: In-Depth Look At Dublin’s Merrion Vaults

It’s been a while since I last blogged about the Dublin, Ireland-based private vault Merrion Vaults (although I have talked about co-founder/director Séamus Fahy more recently as it related to their sister safe deposit box facility, Glasgow Vaults). Anyway, I recently spotted an article on Irish website Fora (“Business news and insights for Ireland’s startup and SME community”) in which Fahy, speaking on behalf of Merrion Vaults, was interviewed for the first installment of a weekly series “examining the nuts and bolts of businesses.” Paul O’Donoghue wrote on May 26:

AFTER THE FINANCIAL collapse, banks began to ditch their vaults. Once seen as a value-added service for customers, with cash tight banks went into cost-cutting mode and safekeeping goods was viewed as an unnecessary luxury. That gave Seamus Fahy the idea for his business.

The Limerick native had just started a diamond-selling firm in 2009 and was looking for a place to store his valuable stock. Told again and again by the major banks that they were not providing vaults any more, he decided to offer it himself…

A number of questions were asked of Fahy about the non-bank vault, including:

• How do you make money?
• What are your costs?
• Who and where are you selling to?
• Who are your competitors?
• What is your vision for the company?

I found the answer for the last question particularly interesting. O’Donoghue penned:

Fahy says plans are well advanced for a third vault with London the most likely location.

“We plan on having facilities throughout Europe, it gives people confidence if they can see a company has facilities in Ireland, the UK, France, etc. Over the next three to five years we will probably open five to ten facilities; we have the blueprint now, we understand how the business works.”

An insightful read, which you can view in its entirety over on the Fora website here. Offshore Safe Deposit Boxes wishes Séamus Fahy and business partner David Walsh all the best with their planned expansion. For more information about Merrion Vaults and Glasgow Vaults, click on the provided links.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Prosperity Index: ‘Happiest, Richest, Healthiest And Safest Countries In The World’

Back in February and March I blogged about potential resources for selecting a location for opening an offshore safe deposit box.

Here’s another one that I learned about earlier this week via the website of The Sun (UK). From the newspaper:

EVERY year, the global Prosperity Index ranks countries based on how wealthy, healthy and happy they are.

The Legatum Institute, a London-based think tank, is responsible for the rankings, which are based on how well each nation does in 89 separate categories.

These variables include economic measures, as well as scores based on the number of secure internet servers a country has and how well rested people feel on a day-to-day basis.

The Prosperity Index essentially aims to rank how well each country is doing all round, looking at the 142 nations with the most available data…

According to the Institute’s latest edition of the Index, the “Top 10 overall rankings 2015” are as followed:

1. Norway
2. Switzerland
3. Denmark
4. New Zealand
5. Sweden
6. Canada
7. Australia
8. Netherlands
9. Finland
10. Ireland

The United States finished out of the top ten in 11th place.

Head on over to Legatum Institute’s website here to learn more about the 2015 edition of the Prosperity Index and view all the rankings.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on information found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Related Reading: Glasgow Vaults Launch Covered By The Scotsman

Back on January 20, I alerted blog readers about the opening of a new private vault- Glasgow Vaults- in Scotland’s largest city. Monday morning, I saw an article about the new non-bank safe deposit box facility on The Scotsman (UK) website. Scott Reid reported:

What is being billed as “Scotland’s first independent safe deposit box service” has been launched following an investment of more than £1 million.

Glasgow Vaults said it had made the move in response to the major banks withdrawing the service that safeguards people’s valuable possessions.

The venture is being led by David Walsh and Seamus Fahy…

Regular readers of Offshore Safe Deposit Boxes might recognize those two names. A year ago today, I blogged about a January 13, 2015, interview with Séamus Fahy and David Walsh on Today with Sean O’Rourke on RTÉ Radio 1 (Ireland) where the two were identified as directors of Dublin, Ireland-based Merrion Vaults, “the first privately owned safe deposit box facility of its kind in Ireland.” Both Walsh and Fahy provided listeners with a good deal of information about how Merrion Vaults came to be, how the facility is set up and operates, and how the safe deposit boxes are being utilized by customers.

Reid noted in The Scotsman piece that Glasgow Vaults “is part of a strategy to expand the model across the UK and Ireland, following the successful launch of an initial site in Dublin, in 2013.”

You can view that article in its entirety on the newspaper’s website here.

Once again, congratulations to Glasgow Vaults. Offshore Safe Deposit Boxes wishes them all the best with their new facility. For more information about Glasgow Vaults, visit their website here.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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