Contents & personal liability

Deposit


The securities, stocks and bonds entrusted to a bank for custody or management are called deposit. In the case of a sealed deposit, the valuables are packed and possibly sealed and handed over for safekeeping. This kind of deposit is suited for objects that do not require any management (e.g. jewellery, documents, coins, etc.). An open deposit makes sense when securities need to be managed, as is the case with shares and bonds, for instance.