The Co-operative Bank of Kenya offers its customers safe keeping services as an alternative way of enhancing security of their valuable possessions. That valued certificate, or souvenir, in the house could be lost in a second if a fire razed through the house, or another unforeseen disaster, to leave but sad memories and regrets.
To avert the likelihood of such losses, customers can safely store some of their most valuable possessions and rest easy through Co-op bank’s safe keeping service.
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. Customers can get safe keeping boxes, where the Bank rents out a safe box to its customers. The safe box could be small, medium or large.
“Requirements are the standard Know Your Customer (KYC) for individuals and companies, standing order form and an executed renters’ box application form,” says Co-operative Bank.
The price is Sh12,000 for a large box, Sh8,000 for a medium box and Sh4,800 for a small box.
The second option is the branch safe keeping of parcels. This service is available for Co-operative Bank customers and is offered throughout their branch network.
“The Bank accepts 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 said.
The charge for this is Sh3,000 per annum.
