Bank Locker Rules: Many people wonder how a customer can recover their bank locker contents if they lose their locker keys. Today, we’ll explain this to you. Let’s explore how to recover bank locker contents if the keys are lost.
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Bank Locker Rules: Many people keep their valuables, such as jewelry or property documents, in bank lockers to keep them safe and avoid the risk of theft. Upon depositing items in a bank locker, the bank gives the locker key to the customer. Many people wonder how to retrieve the contents of the locker if they lose the key. Today, we’re going to tell you about this. Let’s learn how to retrieve the contents of a bank locker if the key is lost.
What happens if a bank locker key is lost?
First, let’s tell you that bank lockers have two keys. One is with the customer, and the other is with the bank. However, this doesn’t mean that the bank will easily open the locker with the other key if the key is lost. To do so, you’ll need to go through some necessary procedures.
If a customer loses a key to their bank locker, they must notify the bank in writing and provide an undertaking that they will return the lost key if found. Bank officials then open the locker in front of the customer and issue a replacement key.
The customer has to bear the cost of breaking open a bank locker, installing a new lock, and providing a replacement key. The bank is responsible for ensuring that the contents are not damaged during this process. If the contents are damaged during the locker break-in, it is considered negligence on the part of the bank, and the bank is required to compensate the customer under the rules.
If the locker is held in joint names, the consent of all locker holders is required, and the locker can only be opened in their presence.
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