What to Store in a Digital Safe Deposit Box Remember, however, that you could use a digital box to document the physical locations of important items - such as your passport, will, bonds, etc. Therefore, it’s important to not rid yourself of a physical safe deposit box altogether, but rather use a digital version to help streamline and organize what you can. In addition, some legal documents, such as a passport, are only valid in their original form. While you could keep scans of original artwork or photos of your favorite memorabilia, you, of course, can not keep the original item in virtual storage. Limitations of a Digital Safe Deposit BoxĪs one could imagine, there is a certain limitation to only storing documents digitally. This can help eliminate the need to frantically search through a loved one’s home or plead with a bank to gain access to what you need. In the event your loved ones need access to your information, a digital safe deposit box can provide ease and accessibility. One important advantage of using a digital box to store your important documents is the ability to control who has access to certain items within the box - or access to the box altogether. This allows users to store anything from treasured photos to personal documents. Unlike the physical constraints of a bank box, most digital safe deposit boxes offer unlimited storage.
#Digital safebox archive#
What Is a Digital Safe Deposit Box?Ī digital safe deposit box is a virtual, secure archive in which you can place digital copies of anything you want. Below we’re discussing what exactly a digital safe deposit box is and what you may want to keep stored in it. But in today’s evolving world, more and more people are opting for the convenience and accessibility of a digital safe deposit box. Your will, bank statements, passwords and other crucial financial documents - right? Many of us are accustomed to storing such items in a traditional safe deposit box at a bank, or maybe a fireproof safe at home. If you were to lose everything today, think about what documents you would need to access in a pinch.
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