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The Knightsbridge Security Deposit robbery took place on 12 July 1987 in Cheval Place, Knightsbridge, England, area of the City of Westminster in London. A safekeeping receipt differs from developing a safety deposit container at a bank or investment company in that possessing a safekeeping receipt means that who owns the assets can use them as collateral without actually having to present them as proof ownership. [http://bradfordvaults.co.uk/]