FAQ > Security and risk

What happens if a bank folds?


The security of your deposit is of the utmost importance to us when selecting banks to cooperate with. For this reason, we only cooperate with banks which:

  • have a full banking licence granted by their national supervisory authority
  • are subject to a national deposit guarantee scheme
  • are key players on the local market
  • have a long history on the local market
  • employ a significant number of people
  • have strong capital base and stable future prospects

Although, we only cooperate with stable banks, we cannot rule out the possibility of a bank folding. In the unlikely event of this happening the deposit guarantee scheme of the respective country will provide compensation up to a certain amount per bank and per customer. If this occurs, we will keep you fully informed and support you during the recovery process.


What risks are involved in term deposits?

Investing in a term deposit usually involves limited risk because deposit products are secured against the folding of a credit institution by national deposit guarantee schemes.

Will my investment be at risk from currency fluctuations?

Definitely not. Our mission is to become an oasis for anyone who wants to receive predictable returns without unpredictable risk

What is a national deposit guarantee scheme?

Deposit insurance is a measure implemented in many countries to protect bank depositors from losses caused by a bank's inability to pay its debts when due.

Are all the banks secure?

We work with banks thich have a long history on the local market, employ a significant number of people, have a strong capital base and stable future prospects.

What happens if Deposit Planet folds?

You are the legal owner of money invested in your term deposits, therefore in an unlike event Deposit Planet folding your money will be fully protected by banks keeping your deposits.

What does the credit rating mean?

Learn how the information about credit rating can help you to decide where to securely placed your money.