Things You Need to Know About Bank Vaults

For most of us, bank vaults are only a part of the clever bank heist movies where the criminals tend to break the vaults with their so-called tactics, but in real life, such crimes are very, very rare. That’s because banks vaults and vault doors are installed and made with sturdy materials and compound technology hard for any unauthorized person to misuse it.

The reason for building them so powerful is they have to hold valuable goods, gold, or tons of cash that, if lost or taken away by the criminals, can result in massive chaos within the city, leading to a huge loss. Besides heists and criminal attacks, there could be damages caused by fire, floods, and any catastrophe that can destroy valuables and relevant documents. Therefore, vaults and other covert bunkers play a major role in securing precious goods. Let us look at some of the features that many bank vaults have-

1) They are Fire-Resistant-

Almost all the reputed banks have fire-resistant safes and vaults installed in the basement. The main advantage of installing a fire-resistant vault is to offer protection. Fire can occur at any time due to short circuits, electrical breakage, intentional fire breakout by a mischievous person, or smoking irresponsibly near the electricals. In such cases, fire-resistant vaults can protect the contents kept inside them. Besides, they prove to be effective in case of tornadoes or hurricanes.

These vaults come in various sizes and shapes that can be installed anywhere, whether a basement, drawer, room, or underground. It depends on the amount of essential stuff a bank has and which vault they opt for.

2) Incorporated with Latest Technology-

Earlier, the locking systems were restricted to manually operated locks and keys. Still, with the advent of technology, security systems have been updated with sensors, passwords, and fingerprints that make the systems confined for them to be used by authorized or restricted users.

Many vaults are installed with multi-locking systems as well as fingerprint authorization for extra protection. In contrast, many banks provide enhanced technology features that use the concepts of physics with I.T.

Other than that, the vault rooms are installed with security camera systems that monitor the daily activities around the vault.

3) They are Built to Withstand Almost Everything-

Some Bank vaults are built to last with ultra-secure technology, which means some are built to survive even a nuclear blast. But such vaults are only installed in highly important government reserved banks. They are extremely costly and are mostly custom build to match the security levels so that nothing goes wrong with the contents present inside the vault.

4) They are Designed to Keep Unusual Things and are Untraceable at Times-

Many bank vaults keep gold, jewel, diamond, and highly important documents besides tons of cash. Sometimes, these vaults are placed so that nobody can trace them except for the officials responsible for them.

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I am a writer, financial consultant, husband, father, and avid surfer. I am also a long-time entrepreneur, investor, and trader. For almost two decades, I have worked in the financial sector, and now I focus on making money through investing in stock trading.