Deposit Place is a Deposit management platform that allows users to request damage deposits to then manage and organise them. Deposit Place also makes transactions cheaper and more affordable for businesses.

 Deposit Place Ltd does not hold any deposit money or sensitive financial information and is not involved in the actual transaction between Deposit Place customers and users. Deposit Place is not liable for any damages or involvement in any disputes.

 While we may provide pricing and other guidance in our Services, such guidance is solely informational, and you may decide to follow it or not. Deposit Place Ltd does not review Deposit Place customers’ listings or content. Deposit Place Ltd has no control over and does not guarantee the existence, quality, safety or legality of, the asset for which the deposit is paid for. Users are encouraged to provide as much visual content as possible specific to the potential damage that occurred to help the users understand why they are losing their deposit money. Deposit Place users and depositors are encouraged to provide feedback on their experience to further understanding and confidence in the network.

 Deposit Place users must have a valid payment method on file with Deposit Place at all times. You authorise Deposit Place ltd to automatically charge your chosen payment method in accordance with this Deposit Place Users Agreement and the applicable billing agreement(s) you agree to when setting up or changing your payment method, for future charges and fees incurred in relation to the Services provided by Deposit Place Ltd. This includes, but is not limited to, amounts owed for Deposit Place Ltd fees, Deposit Place Ltd Money Back Guarantee reimbursements and postage labels. Deposit Place Ltd will notify you of these charges. If payments or amounts owed to Deposit Place Ltd cannot be completed through the payment method on file for any reason, you are still required to pay Deposit Place Ltd for all unpaid amounts and Deposit Place Ltd reserves the right to seek reimbursement through other means plus any additional costs incurred by Deposit Place Ltd in seeking reimbursement. You can change your payment method in My Deposit Place Ltd at any time.

These Terms of Use constitute a legally binding agreement made between you, whether personally or on behalf of an entity (“you”) and Deposit Place Ltd (“Company”, “we”, “us”, or “our”), concerning your access to and use of the https://depositplace.com website as well as any other media form, media channel, mobile website or mobile application related, linked, or otherwise connected thereto (collectively, the “Site”). You agree that by accessing the Site, you have read, understood, and agree to be bound by all of these Terms of Use, including the Deposit Place Terms and Conditions posted on the Site, which are incorporated into these Terms of Use. IF YOU DO NOT AGREE WITH ALL OF THESE TERMS OF USE, THEN YOU ARE EXPRESSLY PROHIBITED FROM USING THE SITE AND YOU MUST DISCONTINUE USE IMMEDIATELY.
Supplemental terms and conditions or documents that may be posted on the Site from time to time are hereby expressly incorporated herein by reference. We reserve the right, in our sole discretion, to make changes or modifications to these Terms of Use at any time and for any reason. We will alert you about any changes by updating the “Last Updated” date of these Terms of Use, and you waive any right to receive specific notice of each such change. It is your responsibility to periodically review these Terms of Use to stay informed of updates. You will be subject to and will be deemed to have been made aware of and to have accepted, the changes in any revised Terms of Use by your continued use of the Site after the date such revised Terms of Use are posted.
The information provided on the website is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Accordingly, those persons who choose to access the Site from other locations do so on their initiative and are solely responsible for compliance with local laws, if and to the extent local laws are applicable.
The Site is intended for users who are at least 18 years old. Persons under the ageof18 are not permitted to use or register for the Site.

You may be required to register with the Site. You agree to keep your password confidential and will be responsible for all use of your account and password. Were serve the right to remove, reclaim, or change a username you select if we determine, in our sole discretion, that such username is inappropriate, obscene, or otherwise objectionable.

Before being able to use Deposit Place, the Customer must download the Application free of charge or access the Application via the Website. The customer must then register via the Application and open an account in their name. Accounts can be created by any natural person who has full legal capacity and a bank card in their name, and any legal entity whose legal representative has full legal capacity and has a bank card in its name. Natural persons or legal entities can only open one account in their name via the Application. Creation of an account implies full acceptance of the present General Terms, including Appendix 1 which provides the general terms and practical details of Stripe, which is confirmed by clicking on Accept when creating the account. The General Terms are made available to the Customer when the account is created, before finalising the account and the aforementioned acceptance.

Users ‘depositers’ do not need to create a Deposit Place account to use the Service. They must nevertheless accept the General Terms when they accept a Deposit agreement conditions.

 The User can print or save the General Terms after reading them. The Company reserves the right to change the General Terms at any time.

 In this case, the Company will inform the customers when they connect to the Application and ask them to confirm their acceptance of the new General Terms. The Customers will be informed when they next request a Deposit. Users who accept the General Terms subject to reservations, or do not accept the General Terms, cannot access the Application or use the Service.

 When creating the account, the customer must provide all of the information indicated as compulsory, and if necessary the related documentary evidence. In any case, the Customer undertakes to provide accurate information and update it regularly. This information remains confidential, apart from the information (i) that may be required by Stripe to open a Stripe account, in accordance with the conditions of Stripe included in Appendix 1, (ii) that the Customer has deliberately chosen to make visible and (iii) that the Customer is required to make visible in accordance with the law. By default, the Customer’s first name and surname or its trade name must in any case be accessible to enable its Customer to use the various functions of the Service under optimum conditions.

Customers who agree to link their Deposit Place account to their other social network accounts such as in particular, Linkedin®, Facebook® etc., declare that they have accepted that other personal data may be accessible which the Company cannot control or be liable for. Customers must read the general terms of use of these social networks which explain the use of users’ personal data and make it possible to control the personal data that is visible. The Deposit Place account is personal to each Customer, and the Customer cannot on any account transfer it to a third party.

 When opening the Deposit Place account or if the Customer wishes to take full advantage of all of the functions of the Service, he must enter their bank card payment details. In this case, the Company will request a bank pre-authorisation for a total of one (1) pound in order to check that the Customer’s card actually belongs to him.

 Once the customer’s Deposit Place account has been opened, the Customer can ask the Company at any time to issue a payment link. The Customer can make a payment link available to each user that is specific to the Customer, to enable the Customer to accept a Deposit.

 Since the Service is based on the use of Stripe, the Customer is expressly informed and accepts that the Deposit Place will use the electronic purse opened in their name, managed by Stripe, an approved electronic money institution, San Francisco (HQ), CA United States 510 Townsend St, San Francisco. The Customers accept the general terms and practical details of Stripe (Appendix 1) by ticking a box when they open their DEPOSIT PLACE account. If there is a contradiction between the general terms and/or practical details of Stripe (Appendix 1) on the one hand and the General Terms on the other, the latter shall have precedence, unless otherwise provided by law.

The opening of the Deposit Place account by the Customer is confirmed by an email sent by the Company to the Customer. Moreover, Deposit Place reserves the right to ask the Customer at its discretion, for any documents and information that it considers necessary in order to complete the registration, and creation of the account may be dependent on receipt of these documents and information. Collection of this information and these documents are subject to obtaining the Customer’s consent, and more generally the provisions of Article 13 Personal Data.

Throughout the Deposit Period of the account, the Customer is responsible for keeping his username and password confidential and for the use that is made of his account and must take all of the usual precautions to regularly change his password. In the event of loss or discovery of an intrusion into his account, the Customer must immediately change his password or follow the security procedure proposed by Deposit Place to recover his username or password.

After opening the Deposit Place account, the Customer can access all of the functions of the Service.

Customers can decide to close their account at any time: in this case, they must send an email to the Company at the following address: info@depositplace.com . The account closure date is the date of receipt by the Company of the email requesting closure unless there is a valid Damage Deposit at the time of closure. In this case, the account will be closed at the end of the transaction concerned by the Damage Deposit, or if necessary once the Company has made its decision in accordance with Article 8.

Deposit Place reserves the right to close any account that remains inactive for more than thirteen months after sending a reminder to the Supplier to no avail.

In the event of a serious breach by a customer of any of his commitments under the present General Terms that is not remedied within fifteen (15) days of receipt of a registered letter with acknowledgement of receipt or an email with a delivery receipt from the Company, the Company shall be entitled to suspend or cancel the account of the customer concerned, depending on the seriousness of the acts, or if necessary to ban use of the Service. The letter or email will indicate the acts concerned.

In addition, it will be impossible for the customer to access his account and/or the functions of the Service, without prejudice to any other damages that the Deposit Place may claim. In the event of a manifestly unlawful disturbance or violation, the time limit to remedy the breach may be shorter.

If a Supplier opens a new account after closing his previous account, or after it has been closed by the decision of the Company, the Company reserves the right, at its discretion, to include the history of the aforementioned Supplier before the initial account was closed.

In connection with using or accessing the Services you will not:

• Post, list or upload inaccurate or misleading evidence to claim a deposit.

• Breach or circumvent any laws, third-party rights or our systems or policies.

• Claim a deposit for damage that has not occurred.

• Use our Services if you do not have terms and conditions for the goods or services that you are providing.

• Fail to pay for services subscribed to by you.

• Post, enter false, inaccurate, misleading, defamatory, or libellous content;

• distribute or post spam, unsolicited or bulk electronic communications, chain letters, or pyramid schemes;

• use the contact information of Deposit Place users for any purpose other than in relation to a specific Deposit Place Ltd transaction on the Deposit Place Ltd site (which includes using this information to send marketing materials directly to Deposit Place Ltd Deposit Place users unless the Deposit Place users has given explicit consent to receiving these materials);

• Distribute viruses or any other technologies that may harm Deposit Place Ltd, or the interests or property of Deposit Place Ltd.

• use any robot, spider, scraper or other automated means to access our Services for any purpose;

• bypass our robot exclusion headers, interfere with the working of our Services, or impose an unreasonable or disproportionately large load on our infrastructure;

• export or re-export any Deposit Place Ltd application or tools except in compliance with the export control laws of any relevant jurisdictions and in accordance with posted rules and restrictions;

• infringe the copyright, trademark, patent, moral, database or other intellectual property rights (collectively,

“Intellectual Property Rights”) that belong to or are licensed to Deposit Place Ltd. Some, but not all, actions that may be infringement are reproducing, performing, displaying, distributing, copying, reverse engineering, decompiling, disassembling, or preparing derivative works from content that belongs to Deposit Place Ltd or someone else;

• infringe any Intellectual Property Rights that belong to third parties affected by your use of the Services or post content that does not belongs to you;

• commercialise any Deposit Place Ltd application or any information or software associated with such application;

• harvest or otherwise collect information about Deposit Place users, such as email addresses, without their consent; or

• Circumvent any measures we use to provide the Services.

• Deliberately evade Deposit Place Ltd fees by directly influencing Deposit Place users or offering incentives to circumvent the intention of your agreement with Deposit Place Ltd, and/or breaking the good will and collaborative working agreement between you and Deposit Place Ltd.

If you are registering with Deposit Place Ltd as a business entity, you represent that you have the authority to legally bind that entity. If you are trading as a business on Deposit Place Ltd, you must comply with all applicable laws relating to online trading for the site you are selling on (see Listing Conditions for more information on the legal requirements for selling in the UK)

You agree that we will commence supplying our Services to you as soon as you accept these Terms and Conditions of Deposit Place Users and Users Agreement. You can cancel this Deposit Place Users and Users Agreement under the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013. We may recoup the cost of any Services provided up to the point of cancellation.

Additionally, we reserve the right to vary or terminate all or part of our Services and/or not provide all or part of our Services to anyone for any reason and/or period of time, at our discretion.

a/ General remarks

A Deposit can be requested by the customer to ask the user to confirm a commitment to buy an asset or service or to rent an asset. The Deposit may be requested by the customer as a Guaranteed when its purpose is to guarantee the full payment of a good or service in the event of default by the Customer. The Deposit can be requested in the form of a Security Deposit if it is intended for the user to keep the asset rented in the condition in which it was received.

The Deposit request is issued by the customer by SMS or email. In any case, the deposit request, or at least the accompanying email or its attachments, must include the information required to identify the Customer concerned, as well as the details of the planned transaction, i.e. at least the following information:

• to validate a purchase: identification of the user, the asset or service, the total price, the date of delivery or the service, the Total Amount of the deposit, its nature as a Deposit and its Deposit Period“;
• to validate a lease: identification of the user, the asset, the lease period, the dates and place of the lease, the total price, the Total Amount of the Deposit, its nature as a Deposit and its Period of Validity;
• to validate a security deposit: identification of the user, identification of the asset, dates and place of the lease, cases in which it will be possible to carry out the Collection of a deposit (e.g. failure to return, damage to the asset ) the Total Amount of the deposit, its nature as a Security Deposit and its Period of Validity;
• to validate the payment guarantee: the identification of the user, the identification of the good or service, its total price, the delivery or service date, the Total Amount of the deposit, its quality as a Guaranteed deposit and its valid deposit period.

For the deposit request to be submitted to the customer, the customer must know the user’s phone number or email address.

b/ Option for actual transfer of the total amount of the Customer’s Deposit or Security Deposit

When creating the Deposit, the following processes will take place.

• If the valid deposit period is less than 7 days a pre-authorisation is taken on the card and is actioned on if damage occurs. The customer accepts Deposit Places fees per deposit request.
• If the valid deposit period is 8 to 30 days in length the deposit sum is transferred from the user’s bank to the customer’s account for the duration of the valid deposit period and is returned at the end of the valid deposit period unless damage has occurred. The customer accepts Deposit Places fees per deposit transaction.

The Customers acknowledges that using Deposit Place’s service generates Service Charges which it agrees to pay by accepting these General Terms.

Users who receive a Deposit request sent to them will receive an email or SMS containing the information relating to the Deposit and a link enabling them to accept it within a specific time limit. The email or SMS will also contain a link enabling them to read, download and print out the General Terms and if necessary the Customers general terms of sale or service, before accepting the Deposit. In any case, the Customer can accept or refuse the Deposit Request:

a/ Acceptance of the Deposit:

If the user wishes to accept the Deposit, they must click on the link included in the email or SMS he has received.

The user must then (i) approve all of the characteristics of the proposed transaction and the Total Amount of the Deposit, (ii) indicate at least his surname, first name and all of the information expressly requested by Stripe, (iii) enter his bank card number, and after reading them, (iv) accept these General Terms and the Customers general terms of sale or service, by ticking the appropriate box.

The use of certain bank cards does not make it possible to provide the bank guarantee required to use the Service. In this case, to enable Customers to finalise acceptance of the Deposit, they can select the following option: Customers can agree to the actual and immediate transfer of the total amount of the Deposit concerned. They will then be immediately debited the total amount, as well as, where appropriate, the related Deposit Place Service Charges which will be notified to them when they accept the Deposit.

The Company will send a Deposit acceptance confirmation email to inform both concerned.

In the event of acceptance of the Deposit, both the customer and user concerned will no longer be able to question the characteristics of the proposed transaction: from then on the user and customers are contractually bound to carry out the transaction which is shown as “Active” in the Application: the Deposit remains effective throughout the Period of Validity.

Acceptance of the Deposit means that the Deposit Place Service Charges must be paid to the Company by the Customer, however, payment will be made at the end of each calendar month. The Deposit Place Service Charges may be paid by direct debit from the bank card or debited from the bank account concerned.

Each time a Deposit is accepted, the Company guarantees the customers that it will carry out the following checks:

• Check of the validity of the bank card used by the Customer, to limit the use of stolen or lost cards;
• Check of the identity of the card holder by 3-D Secure authentication;
• Check that the bank card expiry date matches the dates of the rental of goods or services by the user from the customers;
• Check of the type of bank card used by the user to prevent the use of Maestro and Prepaid cards that do not make it possible to debit a deposit;
• Total or partial check of the payment limit of the bank card used by the

Furthermore, for approved requests to collect a Deposit, the Company will be responsible, on the customer’s behalf, for collecting the funds from the bank card registered by the user and undertakes to reattempt to debit the card in the event of failure.

The Company undertakes to make every effort to carry out the controls and checks specified above. By express agreement, these commitments are solely an obligation of best efforts. The Company does not provide any guarantee concerning the result of these controls and checks and cannot be held liable in the event of non-payment by the user.

Refusal of the Deposit:

The Deposit request may not be accepted by the user if he decides that the characteristics of the Deposit do not meet his expectations, or if he does not accept these General Terms or the customer’s terms of sale or service. In this case, the Deposit is deemed to have been “refused” and the user must not fill in the form that opens after clicking on the link included in the SMS or email received: the user must not give his bank card number or accept the General Terms.

Furthermore, the Deposit Request is automatically deemed to be “refused” at the end of the acceptance period, if it is not expressly accepted by the user.

In the event of a refusal of a Deposit request, the Company immediately informs the customer. The transaction concerned is then abandoned. The Deposit Place Service Charges are not due.

c/ Acceptance of the Deposit via the permalink:

The customer can ask the Company to create a Permalink at any time. The customer must inform the Company of the characteristics of the required permalink.

The Company will configure the permalink in accordance with the characteristics notified by the Supplier, and send the permalink to the user, indicating the DEPOSIT PLACE Service Charges which will nevertheless remain payable by the Customer

The customers make the permalink available to their users by email, SMS or on their website etc.

The Customer can accept the deposit by clicking on the permalink within a fixed time limit (maximum one year). The permalink enables the Customer to read, download and print out the General Terms and if necessary the Supplier’s general terms of sale or service, before accepting the Deposit. In any case, the Customer can accept or refuse the Deposit.

As soon as the user’s deposit payment is made, Deposit Place’s Service Charges apply.

Customers who click on the permalink must then (i) approve all of the characteristics of the proposed transaction and the Total Amount of the Deposit, (ii) indicate at least their surname, first name, email address, phone number and all of the information expressly requested by Stripe, (iii) enter their bank card number, and (iv) after reading them, accept these General Terms and the customer’s general terms of sale or service, by ticking the appropriate box.

The Customer will receive confirmation of acceptance of the Deposit by email and will be sent the information provided by the user (surname, first name, email address, phone number).

The permalink can be cancelled by the Company at the Customers request or by the decision of the Company at any time in the event of failure to comply with the GTS.

The use of certain bank cards does not make it possible to provide the bank guarantee required to use the Service. In this case, to enable Customers to finalise acceptance of the deposit, they can select the following option: users can authorise the immediate debit of the total price of the deposit concerned and will be immediately debited that amount, as well as the related Service Charges which will be notified to them when they accept the deposit.

The Company will send a deposit acceptance confirmation email to inform both of the Users concerned.

In the event of acceptance of the deposit, both of the Users concerned will no longer be able to question the characteristics of the proposed transaction: from then on the Customer and Supplier are contractually bound to carry out the transaction which is shown as “Active” in the Application: the Deposit remains effective throughout the valid deposit period.

Acceptance of the Deposit means that the DEPOSIT PLACE Service Charges linked to the use of a permalink must be paid to the Company by the customer. However, payment will be made at the end of each calendar month in the event of payment by the customer, in one instalment if other DEPOSIT PLACE Service Charges or DEPOSIT PLACE Payment Costs are due, and by immediate debit in the event of payment by the Customer. The DEPOSIT PLACE Service Charges may be paid by direct debit from the bank card or debited from the bank account concerned.

 or customer Without limiting other remedies, we may limit, suspend, or terminate your Deposit Place users account(s) and access to our Services, restrict or prohibit access to, and your activities on, our Services, cancel, remove or demote or otherwise restrict the visibility of asset listings, delay or remove hosted content, remove any special status associated with the account, and take technical and legal steps to keep you from using our Services if:

• we think that you are creating problems or possible legal liabilities for us, our Deposit Place users, customers or other third parties;

• we think that such restrictions will improve the security of the Deposit Place Ltd community or reduce our or another Deposit Place Ltd Deposit Place user’s exposure to financial liabilities;

• we think that you are infringing the rights of third parties;

• we think that you are acting inconsistently with the letter or spirit of this Deposit Place Users and Users Agreement or our policies or abuse our employees or Deposit Place users;

• despite our reasonable endeavours, we are unable to verify or authenticate any information you provide to us; or

• You fail to make, or it is evident that you are unable to make, full payment of any fees due for our Services by your payment due date.

When a Deposit Place Customer or Deposit Place User issue arises we may consider the Deposit Place customer/user’s performance history and the specific circumstances in applying our policies. We may choose to be more lenient with policy enforcement, and to do the right thing for both Deposit Place users and customers.

You may not access or use the Site for any purpose other than that for which we make the Site available. The Site may not be used in connection with any commercial endeavours except those that are specifically endorsed or approved by us.
As a user or customer of the Site, you agree not to:

1. Systematically retrieve data or other content from the Site to create or compile, directly or indirectly, a collection, compilation, database, or directory without written permission from us.
2. Make any unauthorized use of the Site, including collecting usernames and/or email addresses of users by electronic or other means for the purpose of sending unsolicited email, or creating user accounts by automated means or under false pretences.
3. Use a buying agent or purchasing agent to make purchases on the Site.
4. Use the Site to advertise or offer to sell goods and services.
5. Circumvent, disable, or otherwise interfere with security-related features of the Site, including features that prevent or restrict the use or copying of any Content or enforce limitations on the use of the Site and/or the Content contained therein.
6. Engage in unauthorized framing of or linking to the Site.
7. Trick, defraud, or mislead us and other users, especially in any attempt to learn sensitive account information such as user passwords.
8. Make improper use of our support services or submit false reports of abuse or misconduct.
9. Engage in any automated use of the system, such as using scripts to send comments or messages, or using any data mining, robots, or similar data gathering and extraction tools.
10. Interfere with, disrupt, or create an undue burden on the Site or the networks or services connected to the Site.
11. Attempt to impersonate another user or person or use the username of another user.
12. Sell or otherwise transfer your profile.
13. Use any information obtained from the Site in order to harass, abuse, or harm another person.
14. Use the Site as part of any effort to compete with us or otherwise use the Site and/or the Content for any revenue-generating endeavour or commercial enterprise.
15. Decipher, decompile, disassemble, or reverse engineer any of the software comprising or in any way making up a part of the Site.
16. Attempt to bypass any measures of the Site designed to prevent or restrict access to the Site, or any portion of the Site.
17. Harass, annoy, intimidate, or threaten any of our employees or agents engaged in providing any portion of the Site to you.
18. Delete the copyright or other proprietary rights notice from any Content.
19. Copy or adapt the Site’s software, including but not limited to Flash, PHP,HTML, JavaScript, or other code.
20. Upload or transmit (or attempt to upload or to transmit) viruses, Trojan horses, or other material, including excessive use of capital letters and spamming(continuous posting of repetitive text), that interferes with any party’s uninterrupted use and enjoyment of the Site or modifies, impairs, disrupts, alters, or interferes with the use, features, functions, operation, or maintenance of the Site.
21. Upload or transmit (or attempt to upload or to transmit) any material that acts as a passive or active information collection or transmission mechanism, including without limitation, clear graphics interchange formats (“gifs”), 1×1 pixels, web bugs, cookies, or other similar devices (sometimes referred to as “spyware” or “passive collection mechanisms” or “pcms”).
22. Except as may be the result of standard search engine or Internet browser usage, use, launch, develop, or distribute any automated system, including without limitation, any spider, robot, cheat utility, scraper, or offline reader that accesses the Site, or using or launching any unauthorized script or other software.
23. Disparage, tarnish, or otherwise harm, in our opinion, us and/or the Site.
24. Use the Site in a manner inconsistent with any applicable laws or regulations.

A Deposit can be closed after it has been accepted by the user in accordance with Article 5 paragraph a), in one of the three following cases:

a/ On the Customers initiative by a request for collection

The Customer can decide keep all or part of the Total Amount of the Deposit, they must provide a reason and evidence for the collection to the user by mean of the Deposit Place Platform (user failed to show up in the event of a Deposit, default in payment in the event of a Guaranteed Deposit, the asset concerned by the transaction was returned damaged, allowing collection of the Deposit Security Deposit) in particular if it is a partial collection. A collection request by the Customer constitutes a Complaint against the user. A collection by the customer constitutes acceptance of the General Terms and in particular of payment by the customer of the Deposit Place service Charges to the Company.

In this case, confirmation is sent to the customer and notice is sent to the user by email along with the reason and evidence.

The DEPOSIT PLACE Payment Charges are owed by the Customer to the Company. The amount of the Deposit actually paid must correspond to the Collection of the Deposit requested by the customer unless the Company has decided on a lower payment. The DEPOSIT PLACE  Payment Charges will however be paid by direct debit from the customers bank card or debited from his bank account at the end of each calendar month, and in a single instalment if other DEPOSIT PLACE  Service Charges or DEPOSIT PLACE  Payment Costs are due.

Collection of the Deposit results in closure of the Deposit, including if the aforesaid payment is a part payment in accordance with the initial request.

b/ On the Customers initiative by a cancellation request

The Customer can decide to cancel the Deposit, and this cannot on any account be challenged by the  user. This cancellation constitutes closure of the Deposit.

In this case, if the Deposit is a Security Deposit, this involves the Customer cancelling the virtual deposit cheque: the user is informed of this by email and is therefore no longer bound by the transaction for the Total Amount of the Deposit.

In the case of a Damage Deposit, cancellation allows the user to withdraw and, unless otherwise stated in the customer’s terms of sale, receive the damage deposit back.

As this is a Guaranteed Deposit, it is the customer’s responsibility to tear off the virtual cheque guaranteeing full payment of the goods or service: the user is informed by email and is therefore no longer committed to the operation for the Total Amount of the Deposit.

The customer alone is liable for his decision to cancel a Deposit and for any consequences of it.

On no account can the customer or user hold the Company liable for the consequences of cancellation of a Deposit.

c/ At the end of the valid Deposit period

Since all Deposits have a Period of Validity set by the customer who requested the Deposit, the Deposit is automatically closed at midnight two days after its expiry. Both parties are notified when the Deposit is closed.

Deposit Place fees for using our Services are listed on our Pricing Page. We may change our fees, or introduce new fees from time to time by posting the changes on the Deposit Place Ltd site or via the Messages section of My Deposit Place Ltd 30 days in advance. You may close your account without penalty within 30 days of such notice being given.

If you are a Deposit Place user, Deposit Place covers the user’s transaction fees arising out of deposit requests and deposit transactions made using some or all Deposit Place Ltd Services in the Admin fee.

You may be required to purchase or pay a fee to access some of our services. You agree to provide current, complete, and accurate purchase and account information for all purchases made via the Site. You further agree to promptly update account and payment information, including email address, payment method, and payment card expiration date, so that we can complete your transactions and contact you as needed. We bill you through an online billing account for purchases made via the Site. Sales tax will be added to the price of purchases as deemed required by us. We may change prices at any time. All payments shall be in GBP.
You agree to pay all charges or fees at the prices then in effect for your purchases, and you authorize us to charge your chosen payment provider for any such amounts upon making your purchase.
We reserve the right to correct any errors or mistakes in pricing, even if we have already requested or received payment. We also reserve the right to refuse any order placed through the Site.

 You are required to have a payment method on file with Deposit Place at all time. If your payment method fails or your account is overdue, we may collect fees owed by charging other payment methods on file and retaining collection agencies or legal counsel.

We offer a free trial to new users who register with the Site.

3 deposits free of charge

£200 limit

Trile valid for 30 days 

You will be charged in accordance with our fee structure at the end of the free trial.

When requesting and holding a deposit, you agree to comply with the rules for deposit requesting and refunding practices policy and that:

• you are responsible for the accuracy, content and legality of the deposit money;
• Deposit place is under no obligation to be involved in any dispute.
• Deposit place ltd is not legally responsible for the deposit.
• The customer will have 48 hours after the deposit term to climb the damage deposit if damages have occurred.
• Your Damage deposit may take 2 to 5 days to arrive in your bank account.
• you are responsible for ensuring the depositors information is accurate and correct;
• Deposit place is not liable for damages, or loss of live.
• Deposits remain active until such time as they are deactivated by yourself or exceed the time frame limit
• You are responsible for all taxes (including but not limited to penalties, fines, charges, or late payment interest) related to your deposit’s on the Deposit Place Ltd site. To the extent possible under English law, you shall pay to us as a debt on demand all costs incurred by us, including but not limited to tax, penalties and interest, levied by any competent tax authority due to your failure to provide a valid VAT registration number and/or your failure to pay any such taxes, penalties or interest;
• content that violates any of Deposit Place Ltd policies may be modified, obfuscated or deleted at Deposit Place Ltd discretion;
• We may provide you with optional recommendations to consider when requesting your deposits. Such recommendations may be based on the aggregated deposit requests and performance history of similar deposit requests and current asset listings; results will vary for individual asset listings. To drive the recommendations experience, you agree that we may display the deposit performance history of your listings to Deposit Place users;
• some optional upgrade features will only be visible on certain Deposit Place Ltd Services.

Deposit Place takes no part in the settlement procedure if the circumstances arise. Evidence of damage stored on deposit place, provided by the customer can be used by the customer but Deposit Place takes no part in the settlement procedure.

The Company cannot be held liable for any unavailability of the Application, the Service or the electronic purse made available by Stripe due to technical hazards linked to the internet, a force majeure event, the internet connection of a Customer or his equipment, or the maintenance operations required for the smooth functioning of the Application, the Service, or the service offered by Stripe. The Company reserves the right to interrupt access to the Application or Service at any time, in particular in order to protect the confidentiality or integrity of Suppliers’ accounts and the data stored, in the event of a virus attack.

The Company shall implement the technical means at its disposal to maintain as far as possible the integrity and security of the Service and Application and the confidentiality of Users’ personal data. However, there is no guarantee that the Service is free from errors, bugs, flaws or defects.

The Company cannot be held liable for any damage resulting from an intrusion or fraudulent maintenance by a third party affecting a customer’s Deposit Place account or illicit data extraction, in spite of implementation by the Company of security measures in accordance with current technical standards.

Deposit Place Users and Deposit Place user’s customers are responsible for complying with all laws and regulations applicable to international reservations or sales, purchases, and postage. Many of our Services are accessible to international Deposit Place Users and Deposit Place user’s customer.

When providing us with content (including causing content to be posted using our Services), you grant us a non-exclusive, worldwide, perpetual (or for the duration of any copyright or other rights in such content), irrevocable, royalty-free, sublicensable (through multiple tiers) right to use the content (including, without limitation, creating and using derivative works), and you authorise us to exercise any and all copyright, trademark, publicity, database or other intellectual property rights you have in or to the content in any media known now or developed in the future. Further, to the fullest extent permitted under applicable law, you waive your moral rights in the content and promise not to assert such rights or any other intellectual property rights you have in the content against us, our sublicensees or our assignees.

The name ” Deposit Place Ltd” and other Deposit Place Ltd marks, logos, designs and phrases that we use in connection with our Services are trademarks, service marks, or trade dress of Deposit Place Ltd in the UK and other countries. They may not be used unless expressly authorised by Deposit Place Ltd in writing.

We care about data privacy and security. Please review our Privacy Policy: https://depositplace.com/privacy-notice/. By using the Site, you agree to be bound by our Privacy Policy, which is incorporated into these Terms of Use. Please be advised the Site is hosted in the United Kingdom. If you access the Site from any other region of the world with laws or other requirements governing personal data collection, use, or disclosure that differ from applicable laws in the United Kingdom, then through your continued use of the Site, you are transferring your data to the United Kingdom, and you agree to have your data transferred to and processed in the United Kingdom.

• You and Deposit Place Ltd shall process personal data received under and/or in connection with this Deposit Place Users and Users Agreement each as a separate and independent controller. In no event will Deposit Place Ltd and you process personal data under and/or in connection with this Deposit Place Users and Users Agreement as joint controllers or in a controller-to-processor relationship. As such separate and independent controllers, you shall be individually and separately responsible for complying with the obligations that apply to you as a controller under applicable data protection laws.
• You shall comply with your obligations under applicable data protection laws (including but not limited to Regulation (EU) 2016/679 (EU General Data Protection Regulation “GDPR”) and supplementing EU and local data protection laws. This includes, but is not limited to, the obligation to provide appropriate safeguards for the transfer of personal data to a third country or an international organisation.
• You shall process personal data received from Deposit Place Ltd exclusively for the purpose(s) you received the personal data under and/or in connection with this Deposit Place Users and Users Agreement. You shall erase the personal data received under this Deposit Place Users and Users Agreement immediately after the respective purpose(s) has/have been fulfilled. Any further processing of the personal data is not permitted except when legally required (e.g. if a retention obligation applies).
• More on our Privacy Policy HERE 

Failure to abide by the aforementioned obligations may result in disciplinary action up to and including account suspension.

We try to keep Deposit Place Ltd and its Services safe, secure, and functioning properly, but we cannot guarantee the continuous operation of or access to our Services. Deposit updates and payments and other notification functionality in Deposit Place Ltd Services may not occur in real time. Such functionality is subject to delays beyond Deposit Place Ltd control.

We (including our parent, subsidiaries, affiliates, directors, agents and employees) shall not be liable to you in contract, tort (including negligence) or otherwise for any business losses, such as loss of data, profits, revenue, business, opportunity, goodwill, reputation or business interruption or for any losses which are not reasonably foreseeable by us arising, directly or indirectly from:

• your use of or your inability to use our Services;
• pricing, postage or other guidance provided by Deposit Place Ltd;
• delays or disruptions in our Services;
• viruses or other malicious software obtained by accessing, or linking to, our Services;
• glitches, bugs, errors, or inaccuracies of any kind in our Services;
• damage to your hardware device from the use of any Deposit Place Ltd Service;
• the content, actions, or inactions of third parties, including spaces listed using our Services or the destruction of allegedly fake spaces;
• a suspension or other action taken with respect to your account or breach of the Abusing Deposit Place Ltd section;

Some jurisdictions do not allow the disclaimer of warranties or exclusion of damages, so such disclaimers and exclusions may not apply to you. This is especially so if you are a consumer.

 The Company has full ownership of the Service, the functions it provides, the Application and all of the elements they comprise, including the related intellectual property rights. Unless otherwise indicated, the Site is our proprietary property and all source code, databases, functionality, software, website designs, audio, video, text, photographs, and graphics on the Site (collectively, the “Content”) and the trademarks, service marks, and logos contained there in (the “Marks”) are owned or controlled by us or licensed to us, and are protected by copyright and trademark laws and various other intellectual property rights and unfair competition laws of the United kingdom, international copyright laws, and international conventions. 

Except as expressly provided in these Terms of Use, no part of the Site and no Content or Marksman be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, licensed, or otherwise exploited for any commercial purpose whatsoever, without our express prior written permission.
Provided that you are eligible to use the Site, you are granted a limited license to access and use the Site and to download or print a copy of any portion of the Content to which you have properly gained access solely for your personal, non-commercialise. We reserve all rights not expressly granted to you in and to the Site, the Content and the Marks.

You accept sole responsibility for the legality of your actions under laws applying to you and the legality of any spaces you list on any of our sites.

Although we use techniques that aim to verify the accuracy and truth of the information provided by our Deposit Place users, Deposit Place user’s verification on the internet is difficult. Deposit Place Ltd cannot and does not confirm, and is not responsible for ensuring, the accuracy or truthfulness of Deposit Place users purported identities or the validity of the information which they provide to us or post on our sites.

The Site may invite you to chat, contribute to, or participate in blogs, message boards, online forums, and other functionality, and may provide you with the opportunity to create, submit, post, display, transmit, perform, publish, distribute, or broadcast content and materials to us or on the Site, including but not limited to text, writings, video, audio, photographs, graphics, comments, suggestions, or personal information or other material (collectively, “Contributions”). Contributions may be viewable by other users of the Site and through third-party websites. As such, any Contributions you transmit maybe treated as non-confidential and non-proprietary. When you create or make available any Contributions, you thereby represent and warrant that:
1. The creation, distribution, transmission, public display, or performance, and the accessing, downloading, or copying of your Contributions do not and will not infringe the proprietary rights, including but not limited to the copyright, patent, trademark, trade secret, or moral rights of any third party.2. You are the creator and owner of or have the necessary licenses, rights, consents, releases, and permissions to use and to authorize us, the Site, and other users of the Site to use your Contributions in any manner contemplated by the Site and these Terms of Use.3. You have the written consent, release, and/or permission of each and every identifiable individual person in your Contributions to use the name or likeness of each and every such identifiable individual person to enable inclusion and use of your Contributions in any manner contemplated by the Site and these Terms of Use.4. Your Contributions are not false, inaccurate, or misleading.5. Your Contributions are not unsolicited or unauthorized advertising, promotional materials, pyramid schemes, chain letters, spam, mass mailings, or other forms ofsolicitation.6. Your Contributions are not obscene, lewd, lascivious, filthy, violent, harassing, libellous, slanderous, or otherwise objectionable (as determined by us).7. Your Contributions do not ridicule, mock, disparage, intimidate, or abuse anyone.8. Your Contributions are not used to harass or threaten (in the legal sense of those terms) any other person and to promote violence against a specific person or class of people.9. Your Contributions do not violate any applicable law, regulation, or rule.10. Your Contributions do not violate the privacy or publicity rights of any thirdparty.11. Your Contributions do not contain any material that solicits personal information from anyone under the age of 18 or exploits people under the age of 18 in a sexual or violent manner.12. Your Contributions do not violate any applicable law concerning child pornography, or otherwise intended to protect the health or well-being of minors.13. Your Contributions do not include any offensive comments that are connected to race, national origin, gender, sexual preference, or physical handicap.14. Your Contributions do not otherwise violate, or link to material that violates, any provision of these Terms of Use, or any applicable law or regulation.

Any use of the Site in violation of the foregoing violates these Terms of Use and may result in, among other things, termination or suspension of your rights to use the Site.

If a dispute arises between you and Deposit Place Ltd, we strongly encourage you to first contact us directly to seek a resolution by contacting Customer Support. We will consider reasonable requests to resolve the dispute through alternative dispute resolution procedures, such as mediation or arbitration, as alternatives to litigation. Any claim, dispute or matter arising under or in connection with this Deposit Place Customers and Users Agreement shall be governed and construed in all respects by the laws of England and Wales. You and Deposit Place Ltd both agree to submit to the non-exclusive jurisdiction of the English courts.

In simple terms, “non-exclusive jurisdiction of the English courts” means that if you were able to bring a claim arising from or in connection with this Deposit Place Users and Users Agreement against us in court, an acceptable court would be a court located in England, but you may also elect to bring a claim in the court of another country instead. English law will apply in all cases.

The Company informs you that it installs cookies.

 The Company uses cookies to enable and facilitate electronic communication, and to provide functions suited to Users’ requirements. Cookies identify Users each time they connect, thereby facilitating their access to the Service. Users can refuse cookies when they access the Application or by changing the configuration of their browser. However, this may change the functions of the Application, which the User accepts. More information on Cookies Here

If any provision of this Deposit Place Customers and Users Agreement is held to be invalid, void or for any reason unenforceable, such provision shall be struck out and shall not affect the validity and enforceability of the remaining provisions.

We may assign our rights and obligations under this Deposit Place Customers and Users Agreement in accordance with the below (but without your prior express consent), provided that we assign the Deposit Place Users and Users Agreement on the same terms or terms that are no less advantageous to you.

Headings are for reference purposes only and do not limit the scope or extent of such section. Our failure to act with respect to a breach by you or others does not waive our right to act with respect to subsequent or similar breaches. We do not guarantee we will take action against all breaches of this Deposit Place Customers and Users Agreement.

If you have a dispute with one or more Deposit Place Customers, you relent us (and our affiliates and subsidiaries, and our and their respective officers, directors, employees and agents) from claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way connected with such disputes.

We may amend this Deposit Place Customers and Users Agreement at any time by email, or via the Messages section of My Deposit Place Ltd or by posting the amended terms on www.depositplace.com. All amended terms shall automatically be effective 30 days after they are initially posted. Your continued use of our Services after the effective date of these amended terms constitutes your acceptance of them.

This Deposit Place Users and Users Agreement may not be otherwise amended except through mutual agreement by you and an Deposit Place Ltd representative authorised to do so.

The policies posted on our sites may be changed from time to time. Changes take effect when we post them on the Deposit Place Ltd site.

No agency, partnership, joint venture, employee-employer or franchiser-franchisee relationship is intended or created by this Deposit Place Customers and Users Agreement. A person who is not a party to this Deposit Place Customers and Users Agreement has no right under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Deposit Place Customers and Users Agreement but this does not affect any right or remedy of a third party specified in this Deposit Place Customers and Users Agreement or which exists or is available apart from that Act.

The following Sections survive any termination of this Deposit Place Customers and Users Agreement: Fees (with respect to fees owed for our Services), Content, Liability, Compensation, Legal disputes and the relent contained in this General section. Legal notices shall be served by registered mail to Deposit Place Ltd(UK) Limited, The Office, Ffordd Pentre Bach, Nercwys, Mold CH7 4EG. United Kingdom. We shall send notices to you by email to the email address you provide to Deposit Place Ltd during the registration process. Notice to you shall be deemed given 24 hours after the email is sent, unless the sending party is notified that the email address is invalid. Alternatively, we may give you legal notice by registered mail to the address provided during the registration process. Notices sent to either party by registered mail shall be deemed to have been received by that party three days after the date of mailing.

Important: This Deposit Place Customers and Users Agreement is valid as of 1^th January 2021.

Deposit Place Customers have received permissions from the users to pass on contact details to Deposit Place in order to request and manage the deposit or security deposit.