The safety of valuable possessions should be the primary investment objective of every person.
You don’t want to wait until disaster strikes before you think of the best place to safely keep your valuables such as valued certificates or souvenir.
One of the most important protections and a control against losing important documents or possession is the use of safekeeping.
For safety, Co-operative Bank offers Safe Keeping Services where customers can safely store some of their most valuable possessions.
The service is intended to relieve the bank’s customers the stress of losing a valuable document and the hustle of replacing the same.
“At a reasonable price of Sh3,000 per annum, we offer the peace of mind that your valuables are safe with us at Co-operative Bank of Kenya,” says the bank.
This service is ideal for both individuals and corporates with valuable documents or items and would wish to safeguard them against threats such as fire, burglary, loss or damage.
Acceptable items under safekeeping include title deeds, insurance policy documents, academic certificates, marriage certificates, data back-up and motor vehicle log-books among others.
This service comes in two options which are; customers can get safe keeping boxes or branch safe keeping boxes.
Under safe keeping boxes, the Bank rents out a safe box to its customers or the safe box could be small, medium or large.
The client is assigned two keys and the box is accessible during normal working hours.
“This kind of arrangement, the bank says, is ideal for storage of title deeds, academic/marriage certificates, data back-ups, logbooks, insurance policy documents and jewellery,” states the lender.
“Requirements are the standard Know Your Customer (KYC) for individuals and companies, standing order form and an executed renters’ box application form.”
The price is Sh12,000 for a large box, Sh8,000 for a medium box and Sh4,800 for a small box.
Under the branch safe keeping of parcels, the service is available for Co-operative Bank customers and is offered throughout their branch network.
According to the Bank, they accept properly sealed documents in envelopes within legal discretion that what the client has provided is lawful.
“It is ideal for academic/marriage certificates, title deeds, insurance policy documents, log books and data back-up,” Co-operative Bank says.
The charge for this is Sh3,000 per annum.
