Tag Archives: Sovereign Safe Deposit Centres

Safe Deposit Federation Launched As ‘Self-Regulating Federation Of Independent Safe Deposit Box Companies’

Since last spring, I’ve been aware of efforts to construct an international trade association for private, non-bank safe deposit box facilities. As recent as last week I discussed the subject. In a January 26, 2016, follow-up post on that series about the 1980s U.S. private vault boom, I blogged:

Something else I came across I wanted to discuss separately was a statement made by then-president of the National Association of Private Security Vaults, Rick Drummond. David C. Scott reported in The Christian Science Monitor on January 12, 1982:

As banks reorganize to meet the demand for large safe deposit boxes, the fledgling private vault industry is organizing itself. The National Association of Private Security Vaults was formed six months ago and now claims a membership of “over 100,” including equipment manufacturers.

One of the goals of the association, according to president Rick Drummond, is to set up standards for the industry. By setting up accreditation standards, it hopes to stave off restrictive legislation and prevent fly-by-night operations from getting into operation. The concern is that if a crooked operation were set up, the whole industry, still in its infancy, would be damaged.

(Editor’s note: Bold added for emphasis)

I don’t know the fate of the National Association of Private Security Vaults (folded during the bust?), but I would think Drummond’s ideas- a trade organization setting up accreditation standards in an attempt to stave off restrictive legislation and combat fly-by-night outfits- might still resonate among some (many?) in the U.S. private vault industry today. Globally even? It would be interesting to hear/read the opinions of vault operators on this matter.

I haven’t received any opinions (to date), but I was informed of the recent launch of the Safe Deposit Federation, “a self-regulating federation of independent safe deposit box companies” (hat-tip U.S. Private Vaults and Glasgow Vaults). From the SDF’s website (“About Us” page):

The federation was setup to raise the standards of safekeeping facilities and ensure clients exacting standards and requirements are met.

We are the largest federation of safekeeping facilities in the world. The SDF are at the vanguard for setting the high standards in the industry. This means customers can then be assured they will receive only the highest level of service when they visit or register with any of our approved members.

I didn’t see information about current Safe Deposit Federation members on the site, but there’s a rotating banner ad at the top of each web page for “newly approved SDF member” Sovereign Safe Deposit Centres out of Harrow, a suburb of London, England. Readers may recall this private vault was named runner-up for the “World’s Best Offshore Private Vault Video” for 2015 (short program category).

Exactly what’s required of a safe deposit box facility to become a member of the Safe Deposit Federation? Under the section entitled “Criteria For Members”:

The Safe Deposit Federation (SDF) set out and lay down a number of criteria which all member companies must adhere to. This in-turn offers prospective customers the peace of mind they can expect when they register with one of our member companies.

These guidelines cover areas such as:

• Minimum security levels to be provided by member companies.
• Ensure best practice for clients of member companies.
• Guaranteed transparency in all dealings with clients.
• Assure client confidentiality at all times.
• Endorse peace of mind for all clients of member companies.

Other sections on the SDF website include “Starting Safe Deposit Facility?” and a contact page. A number of “Research” and “News” articles are also published on the site.

An interesting development, which you can learn more about by visiting the Safe Deposit Federation website here.

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

(Editor’s note: The above information 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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World’s Best Offshore Private Vault Videos For 2015, Honorable Mentions

Last Wednesday, Offshore Safe Deposit Boxes started naming the “World’s Best Offshore Private Vault Videos” for 2015. Third place in the “short program” category went to Siam Secure (Thailand), runner-up was Sovereign Safe Deposit Centres (England), and the winner for the TV commercial-style marketing videos this year was Custodian Vaults (Australia). Third place in the “long program” category went to Royal Safe Deposit Boxes (Malaysia), second place was Xecure (Mexico), and the winner for the longer, more comprehensive marketing videos was St. James’ Safe Deposit (England). Congratulations to all.

Today, Offshore Safe Deposit Boxes names the “honorable mentions” for the “World’s Best Offshore Private Vault Videos” in 2015. First up is Hausler (Argentina). They throw a lot of information at you in their 1 minute 56 second Spanish-language production, so hold on tight:


“Hausler, Cajas de seguridad privadas – Institucional”
YouTube Video

Next there’s SDL (Secure Deposits Limited) out of England. They take a more subdued approach with their very professional corporate video:

Then there’s Swiss Security Boxes (Mexico). They strike a nice balance between providing relevant information and trying to “strike a chord” with prospective customers:


“CAJAS DE SEGURIDAD”
YouTube Video

Finally, there’s AmsterdamSafe (Netherlands). A terrific marketing video that just missed out on a “top 3” spot in the “long program” category:


“AmsterdamGold AmsterdamSafe Gold storage and Vaults”
YouTube Video

That’s it for “The World’s Best Offshore Private Vault Videos” competition (my personal opinion really) in 2015.

A number of overseas non-bank vaults released marketing videos this year, so “judging” was significantly more difficult than in 2014. Based on what I saw, everyone should be proud of their efforts.

See you next year…

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

(IMPORTANT: “World’s Best Offshore Private Vault Videos” posts should not to 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 blog. 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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World’s Best Offshore Private Vault Videos For 2015, Part 2

On Wednesday, Offshore Safe Deposit Boxes started naming the “World’s Best Offshore Private Vault Videos” for 2015. Third place in the “short program” category went to Siam Secure (Thailand), the runner-up was Sovereign Safe Deposit Centres (England), and the winner for TV commercial-style marketing videos this year was Custodian Vaults (Australia).

Today, we’re going to name 2015’s “World’s Best Offshore Private Vault Videos” for the longer, more comprehensive marketing videos.

Taking third place in the “long program” category is Royal Safe Deposit Boxes (Malaysia). I felt like I was watching a short film with this corporate video. Different, and very likeable. You may need a tissue viewing this though:


“Royal Safe Deposit Box”
YouTube Video

Runner-up in this category is Xecure (Mexico). It’s not in English, but most non-Spanish speakers might still be able to understand what’s still going on. A really good production:

The “World’s Best Offshore Private Vault Video” for 2015 (long program category) belongs to St. James’ Safe Deposit (England). I thought this non-bank vault’s corporate video was exceptional. The information provided and Managing Director Nigel Kay’s reassuring tone of voice really gives the impression one’s personal belongings would be safe and secure with them:


“SAFE DEPOSIT BOXES – MANCHESTER AND LEEDS St James’ Safe Deposit Co Ltd”
YouTube Video

Congratulations to all. Especially those “World’s Best” winners in the short program (Custodian Vaults) and long program (St. James’ Safe Deposit) groups. But we’re not done yet. Stop back early next week as Offshore Safe Deposit Boxes names this year’s “honorable mentions.”

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

(Editor’s note: “Honorable mentions” post located here)

(IMPORTANT: “World’s Best Offshore Private Vault Videos” posts should not to 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 blog. 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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World’s Best Offshore Private Vault Videos For 2015, Part 1

Back on June 25, 2014, I published a post entitled “World’s Best Offshore Private Vault Videos.” I wrote back then:

Earlier this year when I was developing this blog’s sister site- Offshore Private Vaults– I came across a number of marketing videos from the various non-bank asset storage facilities.

This week, I thought it would be fun to share some of the best ones (in my opinion) with readers.

Today, I’ve chosen what I consider are the top three…”

Guardian Vaults of Australia finished in third place. England’s MINT was the runner-up. And IBV International Vaults of South Africa took the crown last year, which was somewhat fitting as Megan Coleman, Miss South Africa for 2006, starred in that classy production. It’s no longer up on YouTube.com, but scenes from it are incorporated in this later IBV video:


“IBV International Vaults Gateway”
YouTube Video

Congratulations again.

And while my summer break from Offshore Safe Deposit Boxes delayed this year’s “contest,” now is as good as any time to have it.

One thing though. I’ve noticed marketing videos for the industry are typically being produced television commercial-style or in a longer, more comprehensive format. Starting this year, awards will be issued for “entries” in each of these two “categories.”

Taking third place in 2015 in the “short program” category is Siam Secure (Thailand). Their commercial looks a lot like what you might see in America:


“Safe Deposit Boxes at Siam Secure in Pattaya, Thailand”
YouTube Video

Runner-up in that category is Sovereign Safe Deposit Centres (England). While the production is partly in another language (Hindi?), the visuals make it easy to follow what’s going on. I really liked this video:


“Sovereign Safe Deposits TV Commercial – 30sec”
YouTube Video

The “World’s Best Offshore Private Vault Video” for 2015 (short program category) is Custodian Vaults (Australia). Theirs is an all-around professional marketing video that gets the message across in a small amount of time. Love it:


“Introducing Custodian Vaults”
YouTube Video

Congratulations to all. Stop back Friday, November 13, when Offshore Safe Deposit Boxes awards this year’s “World’s Best Offshore Private Vault Videos” in the long program category.

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

(Editor’s note: Part 2 located here)

(IMPORTANT: “World’s Best Offshore Private Vault Videos” posts should not to 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 blog. 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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Latest Private Vault Promotions

Here are the latest private vaults promotions I came across while performing that recent update to this blog’s sister site. A link is included to the web page where each special is displayed:

Asia

Hong Kong

The Store House– “5% Discount For 6 Months Pre-Payment”; “8% Discount For 12 Months Pre-Payment”; “Refer Your Friends And Get HK$300 Referral Incentive.”

India

Kothari Safe Deposits Ltd (Chennai)- “Avail Discounts on New Bookings at ADYAR Vault”

Malaysia

mySAFEBOX (Seri Kembangan, Selangor)- “7 Years Anniversary- Loyalty Program* All Size Of Safe Deposit Box With Flat Rate RM3,000.00* (*Inclusive Insurance Coverage RM15,000.00)”

Public Safe Management (Bayan Lepas, Penang)- “Free Gold bar with subscription of Safe Deposit Box”

RockSafe (Kota Kinabalu, Sabah)- “5 Year Price Guarantee Plan Save 50% Off Annual Safe Deposit Box Rental”

Europe

Ireland

Sentinel Vaults (Dublin)- “Sign Up Before 31/10/2015 And Get An Amazing 3 Months Rental Free!/This offer applies to all box sizes.”

United Kingdom

Cardiff Safe Deposit (Cardiff, Wales)- “Buy a Safe Deposit Box for two years and get 10% off.”; “Buy a Safe Deposit Box for Four years and get the fifth year absolutely free. Giving you Five years of complete piece of mind.”; “No Registration Fee”

Finchley Safe Deposit Vault Ltd. (London, England)- “15% off on our 60mm X 326mm X 460mm size box for new customers only, conditions apply*”

Glasgow Vaults (Glasgow, Scotland)- “Opening Soon Pre-register below and receive £50 Credit on your box rental”; “Register Your Interest For The Chance To Win A Free Safe Deposit Box For 1 Year.”

Heathrow Safe Deposit Limited (Southall, England)- “15% off 3 Year Rentals*”; “20% off 5 Year Rentals*”

KeepSafe Safe Deposit Centres (London, England)- “The first 100 customers to reserve a box by 31st October 2015 will receive 3 MONTHS RENT-FREE”; “Register Via The Keep Me Informed Button For A Chance To Win 12 Months Of Free Box Rental”

Midland Safe Deposits (Birmingham, England)- “For customers hiring a safe deposit box for 4 years we offer a free jewellery valuation, with photographs, up to the value of £35,000.”

Newcastle Vaults (Newcastle, England)- “Opening Soon Pre-register below and receive £50 Credit on your box rental”; “Register Your Interest For The Chance To Win A Free Safe Deposit Box For 1 Year.”

St. James’ Safe Deposit (Leeds, England)- “2 years in advance : 5% reduction/
3 years in advance : 10% reduction/4 years in advance : 15% reduction/5 years in advance : gives you 20% /a year’s FREE RENTAL

Sovereign Safe Deposit Centres (Harrow, England)- “15% discount on 5 year rentals/10% discount on 3 year rentals”; “Refer-A-Friend And You Each Receive A £20 Reward”

The Safe Deposit Centre (Manchester, England)- “Buy Now Pay Nothing Until January 2016”

The Safety Deposit Centre (Birmingham, England)- “New And Existing Customers Offer/Pay upfront 3 years contract you will receive 15% off OR Pay upfront 5 years contract you will receive 20% off (one year free storage).”

UK Security Services (various locations, England)- “Save 20% on 2 Year Rental
50, 75, and 100mm Boxes Limited Availability

Vault Safe Deposit Centres (Leicester, England)- “1 Year’s Free Safe Deposit Box Rental when you switch to VAULT”

Vittoria Safeboxes (Birmingham, England)- “Special Offer– Safety Box B now only £150 per year! (previously £200)”

North America

Canada

Speedy Security Vault (Toronto, Ontario)- “All Safety Deposit Box Rentals $99 While Supplies Last”

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

(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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New Private Vault Promotions

There are a number of private vault promotions going on “across the pond” in England these days, including:

Heathrow Safe Deposit Limited (Southall, London suburb)- Discounted prices on 1-year safe deposit box rentals:

-Small reduced from £150 to £120
-Medium reduced from £210 to £165
-Large reduced from £270 to £210
-Extra Large reduced from £480 to £360

Midland Safe Deposits (Birmingham, England)- “Special Offer! For customers hiring a safe deposit box for 4 years we offer a free jewellery valuation, with photographs, up to the value of £35,000.”

Sovereign Safe Deposit Centres (Harrow, London suburb)- “Further savings for upfront payment:

+10% discount for 3 year rentals
+15% discount for 5 year rentals”

Note a separate Sovereign Safe Deposit promotion I blogged about back in February that ends later this month:

“Limited Offer! Save £30 On Registration Fees Until 31st March 2015”

Some of these discounts have been offered for a while now, so don’t delay in contacting the vaulting facility if you’re interested in any of these deals.

Know of other offshore safe deposit box promotions readers might benefit from? Please contact the editor with this information.

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

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List Of Offshore Private Vaults Updated

Lately I’ve been quite busy updating this blog’s sister site- Offshore Private Vaults. Specifically, the page with the list of overseas non-bank vaults. Barring responses to an outstanding inquiry or two, I’ve wrapped up the latest quarterly update. This included:

• A reminder that “certain offshore private vaults listed have citizenship/residency restrictions”
• An invitation to advertise on Offshore Private Vaults. Three (3) 468 X 60 banner ad spots have been set aside for only $75/month each ($399/6 months each), paid in advance.
• The addition of new countries containing private vaulting facilities to the list, including Argentina (Hausler in Buenos Aires), Mexico (Global Shield Zone in Guadalajara and Huixquilucan, 1st National Security and Stonewall in Mérida, StrongMax in Mexico City, and Safe T Boxes and Xecure in San Pedro Garza García), Paraguay (Maxton S.A. in Asunción), and Spain (Grupo Inviam in Madrid)
• The addition of new non-bank vaults in countries already on that list, including Germany (EMS Werteinlagerung GbR in Heidenheim an der Brenz, EOS in Heidenheim, Goldkontor Hamburg GmbH in Hamburg, and HAMEKO in Hamburg), Malaysia (RockSafe in Kota Kinabalu, Sabah), Singapore (Christie’s Fine Art Storage Services aka CFASS), Switzerland (Erutec AG in Alpnach and Swiss Gold Safe Ltd. in Zurich and St. Gotthard), the United Kingdom/England (Midland Safe Deposits in Birmingham, Secure Deposits Ltd in Leicester, Sovereign Safe Deposit Centres in the London suburb of Harrow, St. James’ Safe Deposit in Leeds, UK Safe Deposit Boxes Ltd in the London suburb of Southall, Vault Safe Deposit Centres in Leicester, and Zurich Safe Deposits in Bradford), and Uruguay (Cofres Bitcoin in Montevideo)
• Adding English translations (powered by Google) of web pages when no English language option was available

Feel free to check out the newly-updated list. If you believe any additional changes should be made, or know of any offshore private vaults not listed, please contact me.

Christopher E. Hill
Editor

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