Firstly, they weren't worthwhile and, secondly, putting buyer valuables, along with the banks’ personal cash and paperwork, in their open vaults was high danger from a safety point-of-view. Now that the (profitable) independent safe deposit firms had established that prospects were prepared to pay for the service, it grew to become a logical transfer for the banks to equip their vaults with secure deposit box services and start charging their clients a extra affordable fee. This was a wise thought in principle, however financial institution clients had been (and still are) notoriously reluctant to pay for what they considered "part of the service". However, the banks with their present branch networks and ready-made customers would show too powerful for the rising impartial players, especially in much less populous areas. Further legislation in the US within the 1920s permitted banks to engage in the protected deposit enterprise via safe deposit subsidiaries. This enabled banks owned by a bank holding firm to have interaction "lawfully" in safe deposit actions and it additionally accelerated the process of acquiring their impartial rivals.

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