Jophiel wrote:
AshOnMyTomatoes wrote:
Aren't they basically anonymous?
Well, the bank knows who owns the box but what's in it is your business. You go to a private room to open the box so you could stuff whatever you want in there without anyone knowing about it (short of a warrant to bust into it).
In most EU countries, this.
In Switzerland, it's still possible to have a SDB paid for in cash without having to provide any I.D. While ever you're up to date with payments for the box, it is sealed and only openable with 2 keys (yours and theirs) on production of a long account number. No names, no signatures, no ID. The bank has no knowledge of who you are. If you fall behind on payments it is sealed for 1 year, then the contents become the bank's property.
For cash accounts, the law changed recently so that you have to provide ID to open a numbered account, and this can be disclosed to security services on production of an appropriate warrant.
There is pressure from the EU Commission and Interpol to introduce the same rules for deposit boxes.