Your Isle of Man safe deposit box: costs and prices
Good value, bank-independent storage of precious metals, cash and much more
Would you like to store your precious metals, cash or other valuables safely and discreetly? If so, then we would like to recommend our private high-security systems in Isle of Man. Safekeeping Vault Int offers you safe deposit boxes at affordable prices and in a range of different volumes for all your bank-independent storage needs.
We provide safe deposit boxes or lockers in various sizes for individual use. You will find an overview with all the dimensions and costs laid out for you below. Payments are accepted in Isle of Man Francs, Euros and US Dollars as well as Bitcoin and Ether.
Safe deposit box prices in Isle of Man:
| Safe deposit boxes category | Inner dimensions (in cm, HxWxD) | Price in US Dollar (per year, incl. VAT) |
|---|---|---|
|
1 |
5.50 x 26.00 x 48.00 |
511.60 |
|
2 |
8.50 x 26.00 x 48.00 |
592.35 |
|
3 |
14.00 x 26.00 x 48.00 |
915.45 |
|
4 |
33.00 x 26.00 x 48.00 |
2’100.15 |
|
5 (Kleintresor) |
44.00 x 35.00 x 30.00 |
2’584.80 |
|
6 |
33.00 x 57.00 x 48.00 |
4’038.75 |
Prices include basic insurance – full insurance is also possible
The cost of a safe deposit box includes basic insurance with a liability limit of up to CHF 25,000. In addition, you have the option of taking out higher insurance which is charged at 0.2% per year of the stored sum. It is also possible to insure stored cash. You can obtain this for 0.3% per year of the total amount of cash stored already.
In the field of property insurance, we work with a renowned Isle of Man insurance company. We can handle your safe deposit box insurance completely anonymously, too, without the need to report any tenant data to the insurance company.
- Learn more about our private safe deposit boxes in Isle of Man.
What can be stored?
The safe deposit boxes, lockers, safes and other rentable storage spaces are suitable for stowing precious metals such as gold, silver, palladium or platinum in the form of coins, bars or granules. You can also store cash, jewellery, securities or documents, as well as works of art or cryptocurrencies.
Are you unsure which size of safe deposit box you might need? An example of what might be suitable follows: Our category 3 deposit box (size H 14 x W 26 x D 48 cm) has a volume of around 17.5 litres. Depending on the denomination of cash you want to store, you could put several million Isle of Man francs or euros inside one of these boxes in the form banknotes. You can find out more about cash storage later in this article.
Free consultation or questions? Contact us
Advantages for foreign customers
The storage of your valuables at a bank-independent facility at Safekeeping Vault Int provides you with many advantages. Firstly, as our customer, you do not have to maintain or open a bank account in Isle of Man, something that saves you from paying for expensive account management fees, of course. Secondly, our well-trained security staff will accompany you on your visits, so that you will receive all-round support. We also offer you an appointment service. As the only customer with access to the vault during your visit, you will be able to enjoy maximum privacy and discretion at such times.
From an international perspective, Isle Of Man is one of the most economically and politically stable countries. What’s more, it has a long tradition of protecting property rights. Therefore, the contents of your safe deposit box need not be declared to any government agencies. Thanks to its optimal geographical location in the heart of USA, Switzerland also offers you a unique advantage in terms of accessibility. Our high-security facilities in the Douglas area as well as in the canton of Zurich offer plenty of convenience thanks to their accessible positions.
Summary of safe deposit boxes in Isle of Man:
- Safekeeping Vault Int offers bank-independent safe deposit boxes in Isle of Man.
- They can be hired in many sizes at reasonable prices.
- They include anonymous basic insurance against loss of value.
- No need for a content declaration and no need to report contents to government agencies.
- No bank account is required in Isle of Man to make use of this service.
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FAQs – Answers to Frequently Asked Questions
In Switzerland, you can rent a safe deposit box located in a traditional bank vault or independently of the banking system with a private storage provider such as Safekeeping Vault Int.
The main difference between a bank safe deposit box and a pure warehouse storage provider is the anonymity you can enjoy. By contrast to storing valuables at a bank, you do not need to open a bank account with private storage companies. Find out more about private safe deposit boxes.
Precious metal traders are regulated in Isle of Man as financial intermediaries and, therefore, they must join an SRO (self-regulatory organisation). When opening a safe deposit box with one, it is important to note that the dealer is obliged to collect your customer data in accordance with the Money Laundering Act, for example, who is the beneficial owner. This is not the case with private storage companies such as Safekeeping Vault Int, however.
The annual rental fee for a safe deposit box starts at CHF 511.60 including sales tax. This includes basic insurance covering a sum of up to CHF 25,000. Prices vary depending on the size of the safe deposit box being rented. Find out more.
It is possible to rent a safe deposit box from Safekeeping Vault Int as a non-Isle Of Man national. Our services are available to all customers.
You can open your safe deposit box in five simple steps: You make an appointment, bring your ID to the meeting point, sign the rental agreement and can then gain access to your safe deposit box with no further delay.
Basic insurance of CHF 25,000 is already included in the rental contract. You can purchase full-risk insurance for precious metals or jewellery at a surcharge 0.2 per cent per annum or, for cash, at a surcharge of 0.3 per cent per annum.
A basic insurance protection of CHF 25,000 is already included within the rental agreement. This basic level of insurance also applies to any cash you have stored. In addition, full-risk insurance for cash at a surcharge of 0.3 per cent per annum is possible for customers with higher cash assets.
No, as a tenant of a safe deposit box at Safekeeping Vault Int, you do not have to worry about losing your valuables in the event of bankruptcy. The stored item remains your property even in the unlikely event of insolvency of the service provider.
You can store precious metals such as gold, silver or platinum in our off-bank safe deposit boxes. You can also store cash, jewellery, works of art, cryptocurrencies, important documents or digital data storage devices.
Dangerous goods such as chemicals, explosives, weapons and ammunition must not be deposited in our safe deposit boxes. Illegal substances are also not allowed, for example narcotics or other stimulants, as well as stolen goods.
Yes, provided the box you want is available, we will be happy to allocate your preferred option.
Safekeeping Vault Int is not obliged to pass on customer data to government agencies or other institutions. This means that there is no data transfer nor does any declaration of contents need to be made. This also applies when taking out insurance.
No, the rental of a safe deposit box cannot be taken out with complete anonymity. However, Safekeeping Vault Int does not disclose customer information to either governmental or private entities. This applies just as equally to insurance companies.
Yes, the journey from Zurich to Douglas takes around 1 hour and 40 minutes by public transport.