Security Deposit Boxes From Merrion Vaults

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Security Deposit Boxes From Merrion Vaults
Individuals of Ireland;) Do you keep money under the bed mattress? Scared of banks? This may be the response!

Ireland's very first independent security deposit box facility will open in September as a result of an effort by two Irish entrepreneurs.

Up to twenty jobs will be created directly in the business and in sustaining provider.

Merrion Private Vaults is the brainchild of jeweller Seamus Fahy and media owner, David Walsh, and is found simply off Merrion Square in Dublin. The vault, which has been built utilizing the very most current state-of-the-art safety innovation, will have several thousand security deposit boxes of varying sizes.

Clients will retain a security deposit box for an annual charge that starts at EUR350 incl VAT. The business is now taking advance bookings for the security deposit boxes and has gotten in extra of 900 queries to date. Independently-managed security deposit boxes for individuals are a well-established service around the world however is new to Ireland.

Traditionally banks have provided boxes in different branches however are now stopping or have stopped to provide them. Seamus set up a website to gauge the level of passion in such a service in Ireland.

"The website garnered over 900 queries, primarily from all areas of Irish society and likewise from worldwide business individuals and households living and working in Ireland. "Individuals from metropolitan and rural areas have suggested that as the bank closed its branch in the area, they have nowhere to put belongings.

House burglaries-- typically with extreme physical violence-- are on the boost. The CSO reports 27,000 house burglaries a year, this means there is approximately one burglary every 20 minutes," he said. By keeping your belongings in Merrion Private Vault's security deposit box, you can remove them from your house insurance plan and minimize your premium. The Merrion Private Vaults facility has been designed and built from square one, utilizing the very most current state-of-the-art safety systems. A leading specialist, that is frequently commissioned by Lloyd's of London insurance coverage to assess such properties around the world, helped the founders in building the vault and choosing the most appropriate innovation to keep it protect.

Such is the standard of safety at Merrion Private Vaults that Lloyds of London has authorized the system and is the primary underwriter and insurer for the business.


The business is now taking advance bookings for the security deposit boxes and has gotten in extra of 900 queries to date. Independently-managed security deposit boxes for individuals are a well-established service around the world however is new to Ireland.

By keeping your belongings in Merrion Private Vault's security deposit box, you can remove them from your house insurance policy and minimize your premium.