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Asked: October 17, 20252025-10-17T11:39:06+03:00 2025-10-17T11:39:06+03:00In: Finance

is bank the most secure place to keep money

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is bank the most secure place to keep money
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    1. Dr. Scott Brian
      Dr. Scott Brian SSD Chemical Researcher
      2025-10-26T10:06:22+03:00Added an answer on October 26, 2025 at 10:06 am

      Probably yes, but not in all cases. In term of legal funds, most importantly when the money is in a large amount, then it is a 100% yes that a bank is the most secure place to keep money. Bank helps individuals and businesses to store their valuable assets in cash to protect it from theft, and ease in transactions for the bearer – via a single portable ATM card.

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