Realizing not all bank customers want a safe deposit box, Wells Fargo plans to sell online vaults, starting this summer, as a secure and convenient alternative for storing vital records. Wells Fargo believes it will be the first major U.S. bank to offer an Internet alternative to the boxes.
March 24, 2008 at 12:00 AM
1 minute read
Recognizing not all banking customers want a safe deposit box, Wells Fargo & Co. plans to sell online vaults as a secure and convenient alternative for storing vital records.
When the service rolls out this summer, Wells Fargo believes it will be the first major U.S. bank to offer an Internet alternative to the safe deposit boxes that have been an industry staple for decades.
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