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Is the word depósito the same in Brazilian and European Portuguese?

No

While the core meaning of "depósito" (a place for storage or a financial transaction) is shared, there are significant differences in typical usage and vocabulary choice between Brazilian and Continental Portuguese.

Differences:

Brazilian Portuguese Examples:

  1. Fiz um depósito na minha conta hoje cedo. (I made a deposit into my account early today.)
  2. Deixe essas caixas lá no depósito. (Leave these boxes there in the storage room.)
  3. Vou passar no depósito de bebidas para comprar gelo. (I'm going to the liquor store to buy ice.)
  4. O valor do depósito do aluguel é de dois meses. (The amount of the rental security deposit is two months.)
  5. O caminhão está descarregando a mercadoria no depósito. (The truck is unloading the merchandise at the warehouse.)

Continental Portuguese Examples:

  1. Fiz um depósito no banco esta manhã. (I made a deposit at the bank this morning.)
  2. Deixa as caixas no armazém. (Leave the boxes in the warehouse.)
  3. Vou à mercearia comprar uma bebida. (I'm going to the grocery store to buy a drink.)
  4. O valor da caução do arrendamento é elevado. (The amount of the rental security deposit is high.)
  5. As mercadorias chegaram ao armazém. (The goods arrived at the warehouse.)