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  Home >> Safe Deposit Boxes  
Bank Give Runaround about Safe Deposit Box

My mother and father have a safe deposit box. When I was about five or six, they could take me into the room where the boxes are kept. Now that I am sixteen, the bank (Bank of America) says that I cannot be allowed into the room unless I am signed onto the account. We did that, and then they said that since I am a minor, I cannot enter. Is there anything that can be done. I live in California, so are there any laws that would be helpful?


There are laws on safe deposit boxes, the lease agreements, requirements for keys, security, etc., but who is allowed in the safe deposit box room is up to the bank. If they allow a minor on the account, it seems odd that they would then not allow the minor to be in the room, space permitting. In this case though, absent a state law of which we're not aware, you'll have to follow the golden rule, "He who has the gold, makes the rules." You can complain to the bank president under the pretense that while on the account, you are denied access.

Published on BankingQuestions.com 2/09/10