A safe is a great way to keep anything, well, safe. Historically, things like oak chests and iron boxes have kept very important things safe from risks such as fires and thieves.
In today’s world, one of the most common things people put into a safe is money. From something as big as business profits to your simple life savings, a safe is a great way of keeping your money away from those people who want to take it away from you.
However, an ordinary safe is not really the most ideal place to keep your money. One reason is it’s hard to put money into the safe in the first place. You have to either punch in your code or turn the dial in order to open the safe. Only then can you put the money in the safe and lock it, finally keeping your money safe.
Now, an old safe may be good if you’re saving up, but what if you have a business? A safe isn’t going to be a good place to hide your cash since it may soon be too small. You may end up having to buy more safes, or at least getting a bigger one, just to keep up.
This kind of safekeeping may be good for storage, but it’s very inefficient. And in the business world, efficiency is everything. So, what’s the humble businessman to do? What if you have a way of storing money in a safe without constantly re-entering your code or turning the dial to open it? What if you didn’t have to worry about the size of your safe?
Enter depository safes. A depository safe, or drop safe, is a way of protecting your cash for a short period of time, usually a day or a week. Businesses such as convenience stores, hotels, bars and restaurants use depository safes for their money storage needs. It’s a convenient way of keeping your cash without worrying about having inadequate space.
How it works
Depository safes are designed in such a way that you do not need to constantly open the safe door just to put in money. All depository safes have some kind of opening, or hopper, where you can put in the money. A drop safe hopper has three types:
- Front loading. This is the most popular type of hopper. As the name implies, the money is dropped into the front of the safe through a small opening.
- Rear loading. This kind of hopper is frequently seen in businesses that have a locked room where they store their money. It works similar to a library return slot, where you have the opening in front and the door to the compartment at the back.
- Rotary hopper. This is a specialized hopper for those with bigger packages. It works by using a drum system that you can rotate after placing an item through the large slot.
The rotary hopper option is generally larger than the previous two, making it a great option for big businesses who handle large amounts of cash. As far as securing the compartment itself, options include a basic lock and key mechanism, a combination dial, an electronic keypad lock, or, if you’ve got a lot of money to spare, a biometric lock. There’s also an option for you to get a lock that has an electronic audit trail, which lets you see who last opened the safe.
Along with the compartment lock, depository safes also have a feature that prevents anyone from simply reaching in, or fishing from, the hopper to get to the cash inside without opening the compartment door. Most drop safes have an anti-fishing device installed with the hopper to prevent cases of thieves or employees trying to get to the cash.
Although it’s not fire-proof, drop safes are your best bet for storing money for a short time without having to worry about your cash being stolen. With all the safety features installed, as well as how it’s designed, it’s a perfect way of storing your cash out of sight.