At present you can save in EUR, USD, GBP, PLN, CNH and JPY.
A term deposit is an investment bank product which allows a one-time investment of a fixed sum.
The minimum amount needed to open a term deposit with us is 10 EUR/USD/GBP/PLN.
When a term deposit matures, you can either withdraw your capital with the interest you have earned, or you can open new a term deposit with us.
Interest on your term deposit is calculated daily and starts the first day after you confirm the opening of a new term deposit.
The income earned at Deposit Planet is taxed for each saver based on the legislation of the respective country where the saver is a tax resident.
Term deposit contracts are governed by the local laws of the respective country in which the bank is based.