The safe deposit service provided by banks is becoming increasingly popular in Shenzhen.

Shenzhen tops the nation in terms of per capita use of the safe deposit service, according to Monday's Daily Sunshine.

More than 10 banks provide the service in Shenzhen, and insiders estimate that the number of safes in the city exceeds 50,000.

Most safes have been rented out, said the paper. Small safes suitable for individuals and families were the most popular.

The rent for the smallest is only about 20 yuan (US$2.44) a month. Customers can put important documents such as housing ownership certificates, fixed deposit bank accounts, diploma certificates and other valuable belongings into the safe. The safes have tight security with locks and the customers' identity verified by fingerprints.Privacy is protected as the banks' safety check only identifies the shape of the items to be put into the safes.

China Construction Bank's Shenzhen branch pioneered the service in 1997.

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