Vault storage services offer advanced security measures for storing valuable assets or sensitive documents, typically featuring robust surveillance, controlled access, and on-site security. These services cater to financial institutions, corporations, and individuals requiring secure, specialized storage solutions.
Main/
Vault Storage Services
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Code
PS0028
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Name
Vault Storage Services
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Version
1.0
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Category
Deposit & Account Services
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Created
2025-03-14
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Modified
2025-04-02
Related Techniques
- Criminals deposit metals, gems, or other valuables into secure vaults under assumed names or via proxies to conceal ownership.
- Holding physical assets outside standard banking channels prevents direct links to the person depositing illicit funds, hindering regulators and investigators.
- Offer secure storage areas for valuables, enabling criminals to hide illicit assets off financial records.
- May allow cash-based fee payments and limited identity checks, reducing traceability and obscuring beneficial ownership.
- Facilitate repeated movement or concealment of contraband (e.g., cash, precious metals) with minimal oversight, mirroring the safe deposit box misuse patterns.
- Provide long-term, high-security storage of valuables outside standard banking channels.
- Allow owners to register vault access under corporate or offshore entities, hiding true beneficial owners and the nature of stored assets.
- Minimal regulatory scrutiny hampers law enforcement efforts to trace or seize illicitly acquired art, jewelry, or precious metals.