Safety Deposit Box Opening Archives - Notary Blog - Signing Tips, Marketing Tips, General Notary Advice - 123notary.com
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October 31, 2016

Safety Deposit Box Openings

Believe it or not, a Notary in New York is authorized to perform Safety Deposit Box Openings. Yes, if you are a New York Notary, you can get paid to witness a Safety Deposit Box Opening. You would be required to take an inventory of the contents of the box. Sometimes a bank has to terminate a safety deposit box because someone died, etc. In such a case, a Notary is necessary to make sure everything id documented correctly. It sounds like a fun task if you like going to banks.

I don’t know what they can charge for such an act though. It involves driving, parking, waiting, and performing a simple clerical task. In my opinion, a job like this should be billed at $40 for travel, a dollar a minute waiting time paid up front in 20 minute increments, as well as $10 for the actual paperwork for performing the safety deposit box opening.

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