That's how it's SUPPOSED to be, but if you're a conspiracy theorist type, you don't believe it for a second. They'll say the locksmith thing is just a dog and pony show for the customer. If they came out in front of the customer and said, "Oh no problem, we have a spare/master key," the banks would lose ALL credibility. Instantly.
The conspiracy theorist type will tell you the bank ALWAYS has a "back door" to safety deposit boxes, so the government can swoop in and take it all at the drop of a hat. Though, why the government would bother with $64000 and a few heirlooms is beyond me. Not like it's going to make an appreciable dent in the national debt, or even a down payment on some "black ops."
I find a much more plausible story in a bank employee (or a criminal associate they provided with access) picked the customer lock and took the contents. They KNEW there was a large sum of money in there, likely because they observed this woman putting it in the box either through surveillance footage or simple peeking. It's not like these are complicated locks to pick. Here I believe the locksmith drilling the lock is definitely a dog and pony show because they don't want the customer to know how easy these old locks are to pick.
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