FREQUENTLY ASKED QUESTIONS

1.What security precautions are put in place at Best Safety Boxes?

Our facility has closed circuit third party monitoring, fire and silent alarms, 24 hour armed guards, and rapid response from both the government and a third party security firm. We do not disclose every security option available to the clients for safety reasons.

1.What security precautions are put in place at Best Safety Boxes?

Our facility has closed circuit third party monitoring, fire and silent alarms, 24 hour armed guards, and rapid response from both the government and a third party security firm. We do not disclose every security option available to the clients for safety reasons.

2. Can we insure the contents of the box for more?

Yes, we can set up a meeting at the facility behind closed doors, where you and the agent can go through all certified contents of the box and decide on the amount to insure.

3. What makes your facilities location ideal and safe?

With the security measures that are in place and the location of our office between two of Panama’s biggest banks in the heart of the banking district in Panama City, Panama, we have a very safe and secure facility.

4. Are your employees put through security screening?

Every employee goes through several security procedures. They all receive a worldwide background check, and then they are fingerprinted, photographed and go through a long interview process before we take consideration

5. Who is responsible for Best Safety Boxes?

The President is Javier Arosemena, Treasurer Rodolfo Wright, and Secretary Rolando Garcia de Paredes.

6. Can I have another authorized user other than myself on my account?

You can have up to four authorized users.

7. What payment options are available?

We accept Visa, MasterCard, cash as well as personal and corporate checks drawn on Panamanian bank accounts.

8. Can I set up a corporation or foundation?

Yes, when you arrive at our facility we can assist you in setting up Panamanian corporations and/or foundations.

9. How many employees do you have?

For security reasons we are not able to disclose this information.

10. What are the requirements to open a safety deposit box?

For an individual box, we require a copy of two identifications (passport and a secondary) and complete payment for the time you plan to rent the box.

For a corporation, foundation or, we require the following items: Certificate of Good Standing and Legal Representation of the corporation issued by the Public Registry where the safety box’s rental is authorized. A copy of two identifications (passport and a secondary) of the Legal Representative, Board of Directors and Shareholders. And complete payment for the time you plan to rent the box.

11. How long does the process normally take from start to finish?

From when the client is assisted in our facility the process takes approximately 25 minutes.

12. Do I have to bring my additional authorized user with me to start the account?

No, you can start the process without the authorized user being present, We do ask that you bring two forms of identification for each additional authorized user that you will add to the account.