When is a deposit used?

A deposit stays in place while the employment runs and is applied at offboarding.

• During employment: we hold it as security for your obligations under the agreement.
• At offboarding: it is applied to your final invoice. If there is a difference (for example, because of exchange-rate movements), we either issue an additional invoice or credit the remainder against your future invoices as a credit note. We confirm the exact amount once final calculations are available, close to the employee's last working day.
• Refund: any remaining balance is returned within 30 days after all final invoices are settled. We'll send a closing statement showing how the deposit was applied.