Svensk Värdeförvaring: The first non-bank provider of deposit box services in the Nordics

Background

What do people do if they have important documents or jewelry that they don't want to keep at home? Where do people securely store the precious metals, they have invested in? Where can they be kept safe? 

Storing valuables in a safe deposit box in a professional safe deposit box facility clearly reduces the risk of burglary or fire damage. Traditionally, the rental of safe deposit box systems is a bank’s business. But people in Sweden are confronted with the fact that many local bank branches closing, these days. Consequently, safe deposit box services are about to vanish, too.

Svensk Värdeförvaring has identified this gap and is offering safe deposit locker services to their customers in Sweden.

The solution

Svensk Värdeförvaring is the first private safe deposit box service provider in the Nordics that runs its service independent from banks. The company has operated a branch in Stockholm since 2020 and is opening a branch in Sweden’s second largest city, Gothenburg, in early 2023. The company will also open a branch in Malmö.

As the large Swedish banks go online and the physical bank branch becomes less important for these financial institutes, safe deposit box services are becoming harder to find for people who are looking for a safe place to store their valuables. Several Swedish banks have chosen to cooperate with Svensk Värdeförvaring to recommend that their customers use this service. 

Svensk Värdeförvaring offers five different sizes of safe deposit boxes, with rental prices ranging from 1,500kr (€130) to 4,700kr (€410) per year. The company also provides additional insurance for a higher annual fee.

The right partner

Svensk Värdeförvaring needed a leader in the safe storage industry who was able to offer a robust and certified safe deposit box system, including innovative and highly secure user authentication solutions. So, Svensk Värdeförvaring chose Gunnebo as their long-term partner. Gunnebo provides safe deposit box systems and the latest biometric user authentication technology to enable secure customer access. Gunnebo’s experience and industry expertise was of great help when designing a seamless customer experience.  

“We are very pleased with the hands-on service and assistance that we always receive from Gunnebo.” Says Klas Blomqvist, one of the company’s founders.

For more information on the Gunnebo safe deposit locker solution at Svensk Värdeförvaring, visit their website.