If you keep important documents in safe deposit boxes like health records and estate planning directives titles etc you may want to retrieve them. Read the following pdf for important legal information disclosures and terms you need to know.
Your card has a maximum.
How to get a safety deposit box at wells fargo. Wells fargo atms will total your cash and check deposits right on the screen without the need for envelopes or deposit slips. 3 no insurance on contents 3 prohibited contents 3 limitation of value of box contents 3 wells fargo s duty and limitation of liability 3 lease term 3 rent 3 termination of lease agreement 4 responsibility for keys 4 assignment or use by non lessees 4 changes in terms 4 governing law 4. Citigroup limits it to 500 times the box s annual rent while jpmorgan chase has a 25 000 ceiling on its liability.
Safe deposit box lease terms june 24 2020 pdf. Subscribe now 1 for 3 months. Banks with safe deposit boxes deposit boxes the following banks and credit unions offer safety deposit rental services for their customers and account holders.
A safe deposit box often referred to as a safety deposit is a small locked metal container stored in a vault within a bank. Safe deposit box lease terms. Wells fargo bank frustrates and angers safe deposit box holders.
This article is part of our basic banking series designed to provide new savers with the key skills to save smarter. These boxes involve two sets of keys. Add your wells fargo debit or easypay cards to your digital wallet to access your account at a wells fargo atm displaying the contactless symbol.
We obtained up to date pricing information either from the bank s website or by contacting customer service. We spoke with numerous banks around the country and found that annual safe deposit box prices can range from as low as 49 for a 3 by 5 inch box to as high as 360 for some 10 by 10 inch options. Safe deposit box fees.
Both keys are required to open the safe deposit box which provides an additional layer of security. Wells fargo s safe deposit box lease terms govern the lease rights and responsibilities of your safe deposit box and are the lease terms referred to in the safe deposit box lease agreement you signed when you leased your box. Wells fargo s safe deposit box contract caps the bank s liability at 500.
Wells fargo safe deposit box holders were surprised recently when they received a letter titled safe deposit lease terms effective june 24th certain provisions caught many safe deposit box holders by surprise. One which remains with the bank and one which goes to the owner of the box. Written by dillon thompson published on march 1 2020 note.
The contents of the box are not insured by wells or the fdic.