In an unassuming office building in central Buenos Aires — behind a half-metre-thick door, metal detectors, and a series of facial, fingerprint and iris recognition systems — sit thousands of safety deposit boxes holding important documents, jewellery and, most of all, US dollars.
Ingot, which has five branches in Argentina, is one of a dozen private safety deposit box companies that have blossomed in the country over the past 10 years.
“Banks have cut back on branches because of their digital transition?.?.?.?but we knew that demand for physical storage would remain strong,” says Juan Piantoni, Ingot founder and chief executive.
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