In the unlikely event of Deposit Planet folding, your money will be fully protected in two ways:
- Money kept in your Deposit Planet account is not invested in term deposits. This money is kept separate from our money and we do not have access to it. As a result, it will immediately be returned to our savers.
- You are the legal owner of money invested in your term deposits. Deposit Planet folding has no impact on this money. The banks in which you have term deposits will be instructed by Deposit Planet to send all money owed to you, when your term deposits mature, directly to your bank account. All particular data that relates to term deposits is also available to you on your account.