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<p>[QUOTE="Speedbump, post: 2525950, member: 75637"]The bank does not want your cash in a box because it doesn't do them any good there. If its in an account, the bank gets to count it as a deposit to lend against. Keeping cash in a SDB is not all that useful anyways. What are you trying to accomplish? If there is a run on the backs with ATMs running dry, do you really think you will have free access to your SDB? </p><p><br /></p><p>I have a SDB with a large national bank and the only thing they were strict on was nothing illegal, nothing hazardous, no guns, etc... Anything else, they didn't want to know. Deniability. Nothing is insured by them and nothing is documented. As soon as its on record about what is inside, that opens them up to at least some liability. Bank SDB are typically a secondary service that don't actually make money. They are a perk to get people to buy other banking products and services. </p><p><br /></p><p>Also, that link might be just a little bit bias. They are a company the sells SDB insurance...[/QUOTE]</p><p><br /></p>
[QUOTE="Speedbump, post: 2525950, member: 75637"]The bank does not want your cash in a box because it doesn't do them any good there. If its in an account, the bank gets to count it as a deposit to lend against. Keeping cash in a SDB is not all that useful anyways. What are you trying to accomplish? If there is a run on the backs with ATMs running dry, do you really think you will have free access to your SDB? I have a SDB with a large national bank and the only thing they were strict on was nothing illegal, nothing hazardous, no guns, etc... Anything else, they didn't want to know. Deniability. Nothing is insured by them and nothing is documented. As soon as its on record about what is inside, that opens them up to at least some liability. Bank SDB are typically a secondary service that don't actually make money. They are a perk to get people to buy other banking products and services. Also, that link might be just a little bit bias. They are a company the sells SDB insurance...[/QUOTE]
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