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by evancox100 874 days ago
Not for long, likely.
2 comments

Chase in San Francisco told me that one factor is a handful of deposit box users who come into their branch multiple times/day to access their box. That’s a huge burden on their staff’s time.
Should not be that hard to put a cost on that. Charge X per access. Make X big enough to be worth the bother. If you worry that it will alienate the users who only need access rarely make the first Y accesses per month or year free.
It's funny how cost cutting turns once normal services and responsibilities into a "burden".
Safety deposit boxes are not meant as active drop boxes.

It's like someone using YouTube as a general purpose data storage service.

It’s very easy to fix that. Charge per use for accessing it more than once per day.
In fact, that already exists. Nearly every bank, Chase included, operates a savings account with maximum six transactions a month.
why is that?