When is the refundable deposit repaid?

Hyun Cho
Hyun Cho
  • Updated

When you hire a team member through the Oyster Platform, you'll be charged a refundable deposit equal to one month of the total cost of services.

There is no action required from you for a deposit refund - the refund is initiated automatically upon termination, resignation, or end of service of the Team Member.

Usually, you can expect to receive the refund of your deposit within a month of the Team Member's end date, assuming all payments and pending invoices have been settled.