Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Seamus Fahy and David Walsh, standing in the vault amongst the safety deposit boxes.

Company sets-up safety deposit vault as burglaries rise and people fear banks

The company plan on hiring up to 20 people directly in the Dublin company.

AN IRISH COMPANY has set up Ireland’s first independent safety deposit box facility following what they described as a “huge demand” for the service.

Merrion Private Vaults was launched after a survey found people sought to store their valuables safely as burglaries rise and confidence in banking falters.

The company plan on hiring up to 20 people directly in the company and in supporting services, which is set to open in September.

Merrion Private Vaults is the brainchild of David Walsh, who works in advertising, and jeweller Seamus Fahy, and is located just off Merrion Square in Dublin.

Traditionally banks have provided boxes in various branches but are now ceasing or have ceased to provide them, said Fahy.

“People from urban and rural areas have indicated that as the bank closed its branch in the area, they have nowhere to put valuables. Home burglaries – often with extreme violence – are on the increase,” he added.

The vault, which have been constructed using the very latest state-of-the-art security technology, will have several thousand safety deposit boxes of varying sizes and can be rented on an annual basis.

Read: Georgian cellars to be filled in during Luas Cross City construction>
More: AIB loses money on ATM withdrawals>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
30 Comments
    Install the app to use these features.
    Mute The Galway Crusader
    Favourite The Galway Crusader
    Report
    Dec 1st 2021, 10:26 PM

    A new one for Roisin from the Toy Show to learn!

    189
    Install the app to use these features.
    Mute Liz O'Neill
    Favourite Liz O'Neill
    Report
    Dec 2nd 2021, 1:45 AM

    Fair play to the photographer for getting such a great snap.

    96
    Install the app to use these features.
    Mute Edmund Murphy
    Favourite Edmund Murphy
    Report
    Dec 1st 2021, 10:26 PM

    Rename it Slashasaurus or Sliceasaurus.

    80
    Install the app to use these features.
    Mute Colm Walsh
    Favourite Colm Walsh
    Report
    Dec 1st 2021, 11:28 PM

    @Edmund Murphy: Choppabollix Rex

    125
    Install the app to use these features.
    Mute Contrary Mary
    Favourite Contrary Mary
    Report
    Dec 1st 2021, 10:28 PM

    It’s closest relative is my yellow labrador. He knocked me off my feet with his tail once.

    50
    Install the app to use these features.
    Mute Hugh Morris
    Favourite Hugh Morris
    Report
    Dec 1st 2021, 11:37 PM

    @Contrary Mary: ohh Mary, how contrary

    17
    Install the app to use these features.
    Mute Christine Hanway
    Favourite Christine Hanway
    Report
    Dec 1st 2021, 10:59 PM

    My 5 year old is going to love this…

    32
    Install the app to use these features.
    Mute Earth Traveller
    Favourite Earth Traveller
    Report
    Dec 2nd 2021, 12:18 AM

    @Christine Hanway: Got a 2-year-old grandson who is the same. Biggest word he can say is dinosaur. BTW, did you know that dinosaurs and humans lived at the same time – just watch The Flintstones.

    20
    Install the app to use these features.
    Mute Robc
    Favourite Robc
    Report
    Dec 2nd 2021, 12:18 AM

    @Christine Hanway: their extinct, can’t get them anywhere

    11
    See 1 more reply ▾
    Install the app to use these features.
    Mute Robc
    Favourite Robc
    Report
    Dec 2nd 2021, 12:19 AM

    @Robc: *they’re

    7
    Install the app to use these features.
    Mute Aidan Haughey
    Favourite Aidan Haughey
    Report
    Dec 2nd 2021, 6:55 AM

    Tell the DUP

    21
    Install the app to use these features.
    Mute Seán Ó Briain
    Favourite Seán Ó Briain
    Report
    Dec 2nd 2021, 12:19 AM

    Chainsawrus

    19
    Install the app to use these features.
    Mute Geoff Bateman
    Favourite Geoff Bateman
    Report
    Dec 2nd 2021, 9:53 AM

    maybe as it was vegetarian, the tail was used to slash the tall vegetation so it could eat it easier

    13
    Install the app to use these features.
    Mute Fiona Fitzgerald
    Favourite Fiona Fitzgerald
    Report
    Dec 2nd 2021, 7:14 PM

    That notion hasn’t a leg to stand on ;-)

    1
    Install the app to use these features.
    Mute John Mcananey
    Favourite John Mcananey
    Report
    Dec 2nd 2021, 12:53 AM

    DNA analysis, from a dinosaur, really?

    10
    Install the app to use these features.
    Mute Declan Gowran
    Favourite Declan Gowran
    Report
    Dec 2nd 2021, 12:21 PM
    4
    Install the app to use these features.
    Mute Peter
    Favourite Peter
    Report
    Dec 2nd 2021, 9:17 AM

    Just like the Yellow Tang fish!

    1
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds