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A “self - service” vault access point that eliminates the need for entry with a key, has recently been introduced to a company. The Electronic Vault Attendant Elite; a dual-controlled vault and safe-deposit box access for financial institutions, relies on identity management, biometrics and access

A new type of locking system has been introduced for bank vaults’ safety deposit boxes. This invention relates to locking systems for securing safety deposit boxes positioned in a bank vault that can lock.

Safety deposit boxes have been widely used for storing customer valuables in private boxes in

Chances are, you will see the standard vault, complete with massive steel door armed with thick, cylindrical pins when you walk into a bank. What you don’t see are the walls of steel-reinforced concrete surrounding the remaining
sides and the infrared motion detectors. But they are there.

Today,

Where would one hide a state-of-the-art, multimillion-rand high-security vault that contains 6000 safety boxes?

The answer is simply ingenious: right under people's noses, in one of the busiest shopping malls in the southern hemisphere!

It is a little-known fact that one of the marvels of modern

International Bank Vaults operates South Africa’s first and only private safety deposit vault in South Africa, providing a value added service to all major private bank clients. International BankVaults’ facility is conveniently located at the GatewayTheatre of Shopping, Umhlanga, just minutes from

You've seen it the movies. It has been glamourised by Hollywood movies like Oceans' Twelve - and now, thanks to a Durban entrepreneur Ashok Sewnarain, it's in South Africa. So what are we talking about?

South Africa's first private vault facility - called International Bank Vaults (IBV) - and it's