Document ID: chunk:federal_register_of_legislation:F2019L00828:body:0:p27
Version: federal_register_of_legislation:F2019L00828
Segment Type: other
Provision Reference: 
Character Range: 74444–77369

is recognised to reflect the ADI's claim against each drawer of the bills of exchange.
Bills of exchange that have been accepted and held in an ADI's asset portfolio should be excluded from this item. Include these holdings of own acceptances under either securities held for trading or securities not held for trading.
Netting is allowed in accordance with the requirements specified in the Australian accounting standards (i.e. only if there is a legal right to set off and there is an intention to settle on a net basis, or realise the assets and settle the liability simultaneously).
Acceptances generate fee income that is taken to profit and loss when earned.

4. Deposits

4.1 Call/on demand
Include the following:
     * Cheque
Accounts which provide checking facilities of any kind. This account can either be interest bearing or non-interest bearing. This account may be linked with other accounts offering transaction or non-transaction facilities. Do not include accounts which have a cheque facility but a cheque book has never been issued.
     * Other payment methods
Accounts from which payments may be made to third parties – Automated Teller Machines (ATMs), debit card or another electronic device.
All deposits are to be reported net off any setoffs (only if in accordance with AASB 132, AASB 7 and AASB 9).
     * notice of withdrawal account
A written notice required before funds can be withdrawn or transferred out of the account;
     * demand deposits;
     * savings deposits;
     * money market deposit accounts on a call/demand basis;
     * other savings deposits on a call/demand basis; and
     * 11am accounts and 24-hour money.
Exclude from this classification:
     * negotiable and transferable certificates of deposit;
     * subordinated debt issues;
     * subordinated loans;
     * loans due to the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity;
     * securities sold under agreements to repurchase;
     * treasury related short-term borrowings from other ADIs; and
     * promissory notes.

4.2 Term deposits
An account in which money has be placed for a fixed period for a stated interest rate.

4.3 Certificates of deposit
Certificates of deposit are negotiable bearer debt securities. They are issued at a discount to the face value and do not require endorsement when sold.

4.4 Other
Record in aggregate all other forms of deposits that are not included in the deposit account classifications noted above.

4.5 Total deposits
Sum the total of 'Call/on demand', 'Term deposits', 'Certificates of deposit' and 'Other'.

5. Other borrowings
Include:
     * securities sold under agreements to repurchase;
     * subordinated loans with a residual maturity of 12 months or less;
     * short-term loans due to the parent entity, controlled entities, associated entities, joint venture entities and