The Coca-Cola Safe Deposit Vault

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Safe deposit boxes and vaults are used all over the world for the secure storage of valuable and expensive items by both individuals and business alike.

Coca-Cola is one such business with one of the world’s most intriguing safe deposit vaults!

Why Does Coca-Cola Have A Safe Deposit Vault?

Since the invention of Coca-Cola by Dr. John S Pemberton in 1886, the formula has always been regarded as a closely kept secret.

The recipe has been kept under lock and key since 1919 when Coca-Cola used the top-secret formula as collateral for a bank loan. Initially stored at the bank,...

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Jewellery Thefts In Manchester

A report by the  Manchester Evening News has highlighted a recent increase in the amount of

homes in Manchester being targeted by jewellery thieves. It is reported that there has been 18

high-value jewellery thefts, targeting Asian families in the Bolton area.

Who Are The Main Victims Of These Thefts?

Thieves have been predominantly targeting Asian families across the Bolton area of Greater

Manchester. Jewellery plays a large part in Asian culture, which is believed to be a distinctive part of

the reasoning behind these targeted thefts.

The Greater Manchester Police (GMP) Force claim that these thefts are being specifically targeted in

order to...

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Safe Deposit Centre Vs The Bank

Deciding whether to use a private safe deposit company or a bank's deposit facilities can often cause some confusion.

Many banks have begun to close their safe deposit facilities, but there are some which still offer this service. The facilities and services offered may seem similar but there are some crucial differences to consider.

Differences between a safe deposit centre and a bank

The access procedures at a safe deposit centre are the main priority for the business. Banks which offer deposit facilities also provide a range of other services which take the focus away from their deposit boxes. At...

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Increased Demand For Safe Deposit Boxes

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Over the past few years, there has been a large decrease in the number of banks offering safe deposit facilities, with more and more closing these facilities recently. Due to this, many bank customers have had to try and locate alternative storage options for their valuables, causing an increase in demand for privately owned safe deposit boxes and centres.

As these facilities are closing, due to increasing costs and complexity in the sector, the requirement for boxes at private centres has seen a rapid increase.

Global Demand For Safe Deposit Storage 

Since 2010, the UK has...

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Security at Fort Knox

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Fort Knox, the site of the United States Bullion Depository, is located just outside of an army base in the hills of Kentucky. The facility was completed in 1936 and is designed to withstand any form of attack. Entrance to the facility is impossible due to the large amount of security measures taken to ensure this cannot be done. It cost just over $500,000 to build.

What is held in Fort Knox?

Mainly, the facility is, and always has been used as a vault for the US gold reserves to be stored within. Over the...

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