not returning checks; a system wherein banks keep checks (cheques) that people write, rather than returning them to the account holder with their monthly statement
The banking service by which the bank issues a receipt for, maintains records of, and provides vault facilities for a customer’s property
A service to bank customers whereby securities are held by the bank in the customer's name
the buyer may elect to have the treasurer maintain his/her certificates in a fire proof vault Upon redemption of a certificate, the buyer is automatically mailed a check and a card indicating the certificate has been redeemed
The act of keeping or preserving in safety from injury or from escape; care; custody
Service provided by an institution serving as agent to store and protect a customer's financial assets, valuables, or documents such as a stock or bond certificates
The storage and protection of customers' securities, typically held in a vault, provided as a service by a bank or institution acting as agent for the customer
{i} act of guarding, protection, act of maintaining safety; state of being guarded, state of being protected
For a fee banks will safekeep (i e hold in their vault, clip coupons on and present for payment at maturity) bonds and money market instruments
A service rendered by banks where securities and valuables are protected in the bank's vault for the customer for a fee
If something is given to you for safekeeping, it is given to you so that you will make sure that it is not harmed or stolen. Hampton had been given the bills for safekeeping by a business partner. the state of being kept safe, or the action of keeping something safe for safekeeping