What is vault operations?

Vault operations refer to the processes and procedures involved in managing, securing, and controlling access to physical or digital vaults, which are used to store valuable assets such as cash, documents, or digital data. In financial institutions, vault operations typically include handling cash deposits and withdrawals, maintaining accurate records, and ensuring compliance with security protocols. The role may also involve auditing vault contents and coordinating with other departments to support daily banking activities. The primary goal is to ensure the safety and integrity of the assets stored within the vault.