Westpac (WBC ASX) sells its vaults and exits safety deposit game, even as demand for physical wealth soars
Australian Financial Review · Jack Derwin ·
After almost a century, three of the big banks are now out of the safety deposit game despite the case for concrete and cold steel rarely having looked stronger.
After almost a century, three of the big four banks are now out of the safety deposit game despite the case for concrete and cold steel rarely having looked stronger.
Westpac has joined ANZ and National Australia Bank in throwing in the towel and transitioning at least some of their facilities to Guardian Vaults. Louise Kennerley
It takes half a dozen security doors, multiple alarm systems, ballistic glass, concealed numeric keypads, biometric facial recognition and several feet of solid steel to reach the inner sanctum of one of Guardian Vault’s facilities.
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