SAFE DEPOSIT BOXES FXCHANGE

Most of us keep our valuables at home. If we’re lucky they're in a sturdy safe, but more often than not they are stashed away in drawers, cupboards, boxes or even left on display. The latter brings great risks, as it only takes someone a few moments to remove them, but even if you keep them out of sight, most burglars will have searched through your home and found valuable items in under 15 minutes. You see, they tend to know where we keep our valuables, reading our minds as it were because they base their insights on analysing how most of us act when trying vainly to protect our physical assets.

According to figures from the Spanish Ministry of the Interior, in the first nine months of 2022, registered cases of burglary with forced entry into homes, shops and business premises in Málaga totalled 3,369. Those involving private homes showed an increase of 13.4% over the same period in 2021.

Having a safe at home that is solid and secured to a floor or wall, complete with a combination lock is a must if you want to be insured, but experienced burglars usually have enough know-how to overcome this hurdle too, using either electronic devices or simply welding tools to get inside and pick away at items that are usually worth from a few thousand to millions of euros. For this reason, while wealthy people do tend to keep some items in their home safe, they have long used safety deposit boxes to safeguard items of truly high value, including precious jewellery, bullion and documents. ›

YOU DON’T HAVE TO BE A MILLIONAIRE

The problem is that while banks and similar institutions provide this service, it is usually reserved for high net worth individuals who are seen as an important client, and not available to ‘normal’ account holders. However, you don’t have to be a multi-millionaire to own valuable items that need safekeeping, and here banks fall short. For this reason independent financial institutions such as FxChange fill the gap by providing the very same service and security guarantees, but without having to hold large sums in a bank account in order to qualify.

As a leading foreign exchange broker in Gibraltar’s small but prominent financial district, FxChange processes thousands of daily currency transactions for private, corporate and also institutional financial clients, so providing secure safe deposit boxes is a natural extension of the service. The process operates in the same way as that of banks, including both secure Grade V vaults within a top-security physical environment and digital protection system.

Unlike a bank, however, you have 24-hours per day, 365 days per year access to your valuables, and with vaults starting at £34 per month you have the security of a millionaire without having to be one.

FXCHANGE

UNIT 1.02 BOSTON, MIDTOWN ST, GIBRALTAR.

TEL: (+350) 200 40522.

WWW.FXCHANGE.GI

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WWW.MARBELLA-EV.COM

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