Yeah, the safe deposit box thing is a lie.
There was a story a year or two ago where DHS/FBI or something took every safe deposit box at a bank then forced people to come and identify their box. I think they did open them too.
That's one of the big ones. And there are lots of individuals who lost the contents when the bank basically just emptied the box and said "whoops!" They don't guarantee the contents at all. About the only benefit you get is off-site storage, probably pretty safe from fire and normal theft.
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