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A bank vault is a secure room used by banks to store and protect valuables, cash, and important documents. Modern bank vaults are typically made of reinforced concrete and steel, with complex locking mechanisms and security systems. This article covers the design, construction, and security features of bank vaults.
In addition to those requirements, the safe must weigh at least 750 pounds or come with instructions for anchoring, and have body walls of material equivalent to at least 1" open hearth steel with a minimum tensile strength of 50,000 psi. The UL Standard for tool-resistant safes and above are governed by UL Standard 687. [21] [22]
The safe room should be adequately anchored to the foundation to resist overturning and uplift. The walls, ceiling, and door of the shelter should withstand wind pressure and resist penetration by wind-borne objects or falling debris. The connections between all parts of the safe room should be strong enough to resist separation by wind.
Safe deposit boxes inside a Swiss bank. Safe deposit vault in Joplin , Missouri after the 2011 Joplin tornado , remaining intact despite the destruction of the bank that housed it. A safe deposit box , sometimes referred to as a safety deposit box , is an individually secured container, usually held within a larger safe or bank vault .
The strong room is entered through a glass sliding door from the banking chamber. The strong room door is by John Tam (Australia) and has an anchor motif. The space is divided into areas by metal grills, the floor is parquet. The strong room is important for the way it is designed as the hub of the building and for its significant fabric and ...
The global framework for banking regulation and supervision, prepared by the Basel Committee on Banking Supervision, makes a distinction between three "pillars", namely regulation (Pillar 1), supervisory discretion (Pillar 2), and market discipline enabled by appropriate disclosure requirements (Pillar 3). [2] Bank licensing, which sets certain ...
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Count rooms are operated by central banks and casinos, as well as some large banks and armored car companies that transport currency. [1] A count room may be divided into two separate areas, one for counting banknotes (sometimes referred to as soft count) and one for counting coins (sometimes referred to as hard count). Some high-volume cash ...