Knowledge Centre
Box Pricing and Contracts
Learn about rental periods, fees, renewals, upgrades, insurance options and cancellations.
Questions in this topic
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How much does a safe deposit box cost at Knox?
The cost of a Knox safe deposit box depends mainly on the box size and rental period you choose, plus any once-off fee, the VAT treatment and any optional additional insurance. Rental is…
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What safe deposit box sizes are available?
Safe deposit boxes at Knox come in a range of sizes, from slim boxes suited to documents and small jewellery to deeper boxes for bullion, watch cases and larger collections. Knox offers…
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How do I choose the correct box size?
Start by listing what you plan to store and measuring the bulkiest items as they will be stored, including any cases or folders. Allow some room for items you may add later, check the…
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Is VAT included in the safe deposit box price?
It depends on how the price is quoted, so always check. Safe deposit box rental is a service, and a VAT-registered provider generally charges VAT on its services unless a specific…
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Is there a once-off key or setup fee?
Some safe deposit box providers charge a once-off fee when a box is set up, covering keys, enrolment or administration, and some also take a refundable deposit. Whether a Knox box carries…
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Can I pay monthly or must I pay annually?
That depends on the payment options Knox offers for the box and rental period you choose. Some providers allow monthly payments, others ask for the rental in advance, and some offer both.…
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Are there discounts for paying annually?
Some providers price advance payment more favourably than monthly payment, and some run promotions for longer rentals, but this varies and changes over time. Whether Knox currently offers…
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Can I upgrade to a larger safe deposit box?
Usually, yes, provided a larger box is available. Upgrading normally means moving your contents into a different box, updating or replacing the agreement and paying the new rental, with…
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Can I downgrade to a smaller box?
Often you can, but the timing and cost depend on the agreement. Moving to a smaller box usually means transferring your contents to a new box and updating the agreement. If you are partway…
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What happens when my safe deposit box agreement expires?
When the agreement reaches its end date, you generally have three choices: renew it, renew with a different box, or empty the box and close the rental. What happens if you do none of these…
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Please do not include identity numbers, complete watch serial numbers, safe deposit box numbers or keys, passwords, PINs, crypto seed phrases, firearm licence documents, banking passwords or card numbers.
This Knowledge Centre gives general information, not financial, tax, legal or insurance advice. Prices, limits, terms and availability are confirmed by Knox before you proceed, and the agreement you sign takes precedence. Where a current figure has not yet been confirmed on this site, we ask you to contact Knox instead of relying on an estimate.
