FAQ > General questions

ID verification - what do I need?


We are an important link between you and your chosen bank. So, we need to assure them that we follow stringent banking regulations known as Know Your Customer (KYC). This is simply an anti-corruption and anti-fraud measure whereby a business verifies the identity of its clients.


What is Deposit Planet?

Deposit Planet is the first global online marketplace for term deposits.

How does Deposit Planet work?

Deposit Planet is the first global online marketplace for term deposits.

Who can save through Deposit Planet?

At the moment, only individuals can save with us.

How does Deposit Planet make money?

Our main source of income is the difference between the term deposit interest we receive from the banks and the interest we offer our savers.

What is the cost of using Deposit Planet?

Saving through us is free of charge

How do I create an account?

To start using our service you need to download our app and pass our simple registration procedure. This should not take more than a couple of minutes.