Firm sets-up protection deposit vault as break-ins rise and folks fear banks

http://www.joe.ie/joe-life/life-features/independent-safety-deposit-box-vault-to-open-in-dublin
Firm sets-up protection deposit vault as break-ins rise and folks fear banks
Folks of Ireland;) Do you keep money under the cushion? Terrified of banks? This could be the solution!

Ireland's initial independent protection deposit box office will open in September as a result of a campaign by two Irish entrepreneurs.

As much as twenty employments will be developed directly in the firm and in assisting company.

Merrion Private Vaults is the brainchild of jeweller Seamus Fahy and media owner, David Walsh, and is situated merely off Merrion Square in Dublin. The vault, which has been created making use of the really latest advanced protection modern technology, will have numerous thousand protection deposit boxes of varying sizes.

Clients will maintain a protection deposit box for an annual cost that starts at EUR350 incl VAT. The firm is now taking development bookings for the protection deposit boxes and has obtained in unwanted of 900 analyses to date. Independently-managed protection deposit boxes for individuals are a well-established service worldwide yet is new to Ireland.

Generally banks have supplied boxes in numerous branches yet are now discontinuing or have discontinued to supply them. Seamus set up an internet site to assess the level of interest rate in such a service in Ireland.

"The website amassed over 900 analyses, mostly from all parts of Irish society and additionally from global business folks and family members living and working in Ireland. "Folks from city and rural areas have shown that as the bank closed its branch in the area, they have nowhere to put prized possessions.

Residence break-ins-- often with high brutality-- are on the rise. The CSO reports 27,000 residence frauds a year, this indicates there is about one break-in every 20 minutes," he claimed. By keeping your prized possessions in Merrion Private Vault's protection deposit box, you can remove them from your residence insurance coverage and reduce your excellent. The Merrion Private Vaults office has been created and constructed from the ground up, making use of the really latest advanced protection systems. A leading expert, which is regularly commissioned by Lloyd's of London insurance policy to examine such areas worldwide, aided the founders in creating the vault and picking the most proper modern technology to keep it safeguard.

Such is the criterion of protection at Merrion Private Vaults that Lloyds of London has accepted the system and is the major underwriter and insurance company for the firm.


The firm is now taking development bookings for the protection deposit boxes and has obtained in unwanted of 900 analyses to date. Independently-managed protection deposit boxes for individuals are a well-established service around the world yet is new to Ireland.

By keeping your prized possessions in Merrion Private Vault's protection deposit box, you can remove them from your residence insurance policy and reduce your excellent.