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The answer starts with a va and the word is ........................................

VAULT

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A room in a bank where valuables are stored is called what?

A strong room, vault or safe.


A strongroom in a bank where valuables are stored?

vault


What is it called when a room in a bank where valuables are kept?

A room in a bank where valuables are kept is called a vault. Vaults are designed to provide high security for items such as cash, important documents, and safe deposit boxes. They are typically constructed with reinforced materials and equipped with advanced locking mechanisms to protect against theft and unauthorized access.


What Is a Bank Deposit?

A bank deposit is a certain amount of money that is deposited into an account at a financial institution. The purpose of doing so is to store the funds at a secure location and allow the owner of the account to have access to them at later time. There are many different kinds of bank accounts available to consumers that meet different needs. However, no matter the type of account, the bank will be required to keep a thorough log of all deposits that have been made into the account. Such records are kept to benefit customers. They are also required by government regulators. In certain areas, deposits may also be insured in case the bank some day fails. There are also a number of different kinds of deposits that can be made into a bank account. Deposits of paper and coin currency will certainly be accepted at any bank in the United States. However, some banks may even accept deposits in the form of valuables stored in safe deposit boxes. Such a deposit may be useful for people that have things like important documents, jewelry, or other valuables they want to protect. Bank vaults being fireproof and very secure make them a good place to store such valuables. Typically, to make a deposit into an account, a person fills out something known as a deposit slip. Such a slip will include information on the persons account as well as the funds being deposited. However, a deposit slip is not always required to make a deposit. Sometimes, simply swiping a card or knowing the account number for a bank account will be adequate. A deposit can also be made into many different kinds of bank accounts. These can include savings accounts, checking accounts, money market accounts, term deposit accounts, and others. One of the up sides to storing money at a bank is the fact that many such bank accounts create interest. Interest is paid on the money stored, because a consumer is doing the bank a favor by loaning the bank those funds. While the funds are at the bank, they can be used to make loans to other people that do business with the bank.


What do most customers want in their dealing with a bank?

What customers want in their dealing with a bank include the following: 1.Safe keeping of money and other valuables and attachments people trust their bank in e.g title deeds, marital and death certificates, valuables such as precious stones and priceless jewelery 2.Swift and uncumbersome processing of huge withdrawals and deposits 3.Easy access and fast processing of loans without lots of requirements 4.Highest attainable interests earned on a customer's account 5.lowest possible or no fees charged on services especially withdrawals via ATM