Certified Fraud Examiner Practice

The statement that the record of contents for a safe deposit box cannot be obtained from banks is true. Safe deposit boxes are typically considered private storage spaces, and the contents within them are not disclosed by the banks to anyone except the box holder. Banks must maintain the confidentiality of the box's contents, protecting the privacy rights of their customers.

This policy is in place to ensure that personal and valuable items stored are safeguarded from unauthorized access and preserve the trust between bank customers and the institution. Even in situations where there may be legal inquiries or claims, banks are usually limited in how much information they can divulge without proper legal authority or consent from the box holder.

While identification and authorization might allow access to the box itself, this does not extend to disclosing its contents to third parties without the owner's permission. Thus, the initial assertion aligns with the general practice surrounding safe deposit boxes at financial institutions.

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