Greek locks, nevertheless, had been usually seen as unsecure. It was the Romans who improved upon Greek and Egyptian locks by introducing metals as their main materials. Along with providing larger power, Roman locks had been a lot smaller and keys could be worn in pockets or around the neck. Banking has since developed as a result of commerce and commerce which, in turn, created wealth that required secure locations for storage. Given the monetary obligations of banks and the event of their relationship with wealthy clients, these monetary establishments became the natural storage home for the valuables of their prospects. The historical past of safekeeping by banks is finest documented within the United States. The primary American commercial bank, the Bank of North America, was based in 1782, shortly adopted by the Bank of latest York and the Bank of Massachusetts. None of these banks have been then concerned in safekeeping since commerce was still transacted by the use of barter and very little wealth was monetised or capable of storage.
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