Safekeeping

A Safekeeping Agreement is an agreement between the Bank and the customer where the Bank holds documents or valuables belonging to the customer in safe custody. The Bank will not have any knowledge of the contents of any parcel tendered for security, and the parcel or envelope deposited should bear the private seal of the customer.

Some of the items which can be put into Safekeeping include:

• Stock certificates, bonds or other evidence of a secured indebtedness
• Written assurance for the return or payment of money
• Instruments giving legal holders right to money or other property This service is available for a minimum yearly fee.