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A bank vault is a secure room or container where banks store valuable and sensitive documents, money, and other assets. These assets may include cash, precious metals, jewelry, and important documents like wills, deeds, and legal papers. Vault security is critical for financial institutions as it helps prevent robbery, theft, and damage from natural disasters like fire, floods, and earthquakes.

Types of Bank Vaults

There are two types of vaults you will find in banks – the walk-in vault and the modular vault.

The walk-in vault is usually found in older banks, and it’s entirely made of steel. It has a thick door with a large wheel at the center, which helps open and secure it. Walk-in vaults are usually located within the bank, and access is restricted to authorized bank staff who have the necessary codes to operate the lock.

The modular vault, on the other hand, is more modern, and it’s made of removable panels that can be assembled quickly to suit the bank’s needs. These panels are made of high-density concrete, and inside the panels, a mesh of rebar is added to create a highly secure fortress. Features of a modular vault may include motion detectors, alarms, cameras, and other control systems that safeguard the vault’s contents from theft and damage.

Security Measures Used by Bank Vaults

Along with the type of vaults used in banks, various security measures also provide additional protection to vaults. These measures may include the following:

Surveillance cameras to monitor activities around the vault.
Motion detectors that can detect any unauthorized movements around the vault.
Locking mechanisms that are designed to resist drill attacks and other forms of manipulation.
Armored car delivery systems to safely move goods from the vault to transport vehicles.
Soundproofing to prevent sounds from escaping the vault’s walls.

the bank vault is an integral component of the banking industry. Its usage ensures the safety of both banks and their clients while creating a secure and robust security system.