If you've just rented a safe deposit box, or you're thinking about it, the practical question is: what should actually go in there? Here's a straightforward breakdown by category.
Documents
These are the most common items stored, and for good reason. Replacing originals is slow, expensive, and sometimes impossible.
- Property titles and land deeds (originals, not photocopies)
- Wills and estate documents.
- Birth certificates, marriage certificates, citizenship documents
- Insurance policies, especially life insurance and property coverage
- Share certificates or investment documents
- Business ownership documents
One note on wills: make sure at least one trusted person knows the box exists. Access to a safe deposit box after death requires a specific legal process, and if nobody knows it's there, settling your estate becomes unnecessarily complicated.
Jewellery and valuables
A safe deposit box is one of the most secure storage options for fine jewellery, particularly pieces that aren't worn regularly.
- Heirloom pieces passed down through the family
- High-value rings, necklaces, or sets worn only on special occasions
- Loose gemstones waiting to be set
- Gold jewellery bought as an investment
- Watches of significant value
Pieces you wear daily are more practical at home. Pieces worn a few times a year, or kept for sentimental or investment reasons, belong in a box.
Precious metals
- Gold bars or wafers
- Silver coins or bullion
- Any physical gold investment
Digital backups
- USB drives or small external hard drives with irreplaceable files, family photos, or critical business data
- A printed list of important account numbers or recovery codes, sealed and private
What not to store
Cash. A box earns no interest. Significant cash belongs in a bank account.
Anything you need regularly or urgently. Legacy Lockers is open 7 days a week, 10am to 6pm, closed on select public holidays. If you might need something at short notice outside those hours, it shouldn't live in a box.
Hazardous, flammable, or perishable items. Not permitted.
How much does a box cost at Legacy Lockers?
Annual rental is RM380 for a small box, RM680 for medium, and RM980 for large. We also have a limited number of private freestanding safes available for clients who need something more substantial. Ask us directly about those.
Related Reading
Visit Us in Penang
Legacy Lockers is open 7 days a week, 10am to 6pm. Walk in to view the boxes, or message us first for sizing advice or to check availability.