Depositbook Uk

We are a UK and DIFC based Fintech company a global marketplace and an open banking platform for wholesale deposits (High Value Deposits). We are inviting Global Banks, Large Corporates and FI's to join our platform to raise and place wholesale deposits through our platform. The Bank’s Treasury uses the platform as a free distribution channel to raise wholesale funding from global depositors in the form of deposits (FD’s/ CD’s). We help Bank’s 1. Reduce their Cost of Funds and diversify the customer base by bringing NTB clients outside the existing coverage area. Avoid the extensive and costly process of account opening and account maintenance. Participate in global RFQ’s 4. Run liability campaigns through this platform Banks benefit from market intelligence on how the regional /global banking peers are currently pricing their deposits and other liabilities. The platform is completely free to list and has no requirement of IT integration. Treasurers/CIO’s of Financial Institutions can achieve a significant yield enhancement on their cash pool. Clients such as non-banking financial institutions, corporates and family offices will use the platform to discover best rates and facilitate the transaction through one central account, doing away with the need for onboarding with multiple banks. They can also run RFQ through this platform. We have entered into a strategic partnership with Bank of Singapore as our custodian bank (central account) and with Meteor Asset Management, a UK based AMC, to facilitate fiduciary deposits services / subscription of CDs for our clients.