night safe

plural night safes

1. A safe with access, typically in the outside wall of a bank, through which people may deposit money when the bank is closed

   The position is maybe less clear, however, with respect to one of the more recent incarnations of the safe-deposit services offered by banks, namely the night safe, which enables customers to deposit cash, cheques, or documents with a bank outside normal banking hours.

   2011, E.P. Ellinger, E. Lomnicka, C. Hare, Ellinger's Modern Banking Law, page 742

   2 more examples

   Banking after trading hours usually involves the use of a night safe. All the cash to be banked will have been placed inside a night safe wallet and that in turn must be carried in the cash carrying receptacle and only removed when immediately confronting the opened night safe.

   1990, Peter H. Jones, Retail loss control, page 72

   This commonsense approach would indicate that monies should be paid into a bank as soon as possible for security reasons if nothing else. This is why most banks operate night safe systems as many organisations prefer to deposit their daily takings each evening rather than running the risk of having the cash on the premises over night.

   2009, BPP Learning Media, CTH - Finance for Tourism and Hospitality, page 99

   Synonyms: night depository