Q. I gave a friend $10, 000 to store in his bank account for safekeeping. He is not borrowing this money technically, only holding it for me. What should be done with the interest accrued?
A. Horav Shlomo Miller's Shlit'a opinion is that if the safe keeper did not use the moneys and a minimum of $10,000 was kept in the account, he would be seen as only a shomer or custodian and not a borrower. Therefore, the interest accrued would not be considered prohibited ribbis.
Rabbi A. Bartfeld as advised by Horav Shlomo Miller Shlit'a