Official Launch of VAULT1932, the Sacred and Secure Safe Platform Service

Platform Opening on the 25th at Apgujeong-dong Geukdong Tower... Plan to Establish a Nationwide Safe Deposit Box Sharing Network

Hyugyun Pyo, CEO of Shinsung Safe

A premium safe deposit box platform service is officially launching in South Korea. Shinsung Safe (CEO Ha Gyun-pyo), a specialized company in manufacturing and maintaining safe deposit boxes for commercial banks, announced the launch of the country’s first personal safe deposit box platform service, ‘VAULT1932.’

As part of the safe deposit box platform construction project, Shinsung Safe will officially open the premium safe deposit box ‘VAULT1932 Apgujeong Branch’ on the 25th at the Geukdong Tower building in Apgujeong-dong, Seoul.

The ‘VAULT1932 Apgujeong Branch’ being opened by Shinsung Safe features a dedicated area of 347.08㎡ (105.6 pyeong) and houses 402 personal safe deposit boxes across four vault rooms.

Shinsung Safe applied world-class fireproof and burglar-resistant safety standards to the ‘VAULT1932 Apgujeong Branch.’ The vault room walls were constructed using UL Class-level technology, which can withstand all currently available dismantling equipment for over one hour and preserve contents for more than two hours at 1,400℃.

Additionally, the vault doors use the advanced model ‘Sliding Safe Door SV-2000,’ which is adopted by commercial banks. The security system is also outstanding. ‘VAULT1932 Apgujeong Branch’ employs a three-step, triple biometric authentication system for identity verification.

In terms of service, Shinsung Safe applies higher user convenience and service differentiation to ‘VAULT1932’ compared to commercial banks.

First, VAULT1932 differs from commercial banks’ safe deposit boxes in size. The smallest size offered by VAULT1932, the H44 model safe, measures 105.512㎥ (width 440mm, depth 550mm, height 436mm), which is 3.8 times larger than the largest safe deposit box provided by commercial banks based on the actual content capacity using a bond box standard.

Moreover, VAULT1932 offers the H88 model safe, which is 7.6 times larger than the safe deposit boxes provided by commercial banks. The H88 safe measures 440mm in width, 550mm in depth, and 878mm in height, with a volume of 212.476㎥.

That’s not all. VAULT1932 also has an operating system that allows an entire vault room, divided into multiple individual safes, to be provided as a family safe or corporate shared safe as an independent space.

Furthermore, VAULT1932 operates for 10 hours daily from 10 a.m. to 8 p.m. Safe deposit box usage is available on Saturdays and holidays by prior reservation. This is a significant difference from commercial banks’ safe deposit box services, which are only open on weekdays and restrict access after 4 p.m.

Ha Gyun-pyo, CEO of Shinsung Safe, said, “There is growing demand in our society for a safe deposit box platform that professionally manages personal safes. In response to this market trend, Shinsung Safe has launched the premium safe deposit box service platform VAULT1932,” adding, “We plan to enhance customer value through continuous technological and service improvements.”

CEO Ha also emphasized, “By next year, we plan to establish safe deposit box service platforms in major metropolitan cities nationwide, including Seoul, and evolve this into a business linked with long-term investment and business networks.”

Meanwhile, Shinsung Safe, established in 1932, is a safe manufacturing and management specialist company recognized as the “living history of South Korea’s safe keepers,” having manufactured and managed safes for the Bank of Korea and major commercial banks. In 2018, it became the first in the country to obtain UL-Class III certification and has supplied Citibank’s safe deposit boxes, which require the highest international standards in safety.

This content was produced with the assistance of AI translation services.