| Concept Guidance: |
This is the value of any non-negotiable contracts that represent the receipt of funds available for later withdrawal.
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| Form-Specifc Guidance: |
It includes:
account balances of banks, non-bank ADIs and registered financial corporations (including transaction deposits, fixed-term deposits and other non-transaction deposits);
purchased payment facilities such as smart cards and electronic cash; and
non-negotiable certificates of deposit.
It excludes:
holdings of physical currency (holdings of notes and coins); and
negotiable certificates of deposit (a type of debt security);
payables due to counterparties arising from the first leg of a repurchase agreement;
commercial paper;
arranged overdrafts. These are generally an agreed arrangement between a lender and a borrower to extend credit when the balance in an attached transaction account falls below zero; and
unarranged overdrafts. These refer to the situation when a transaction account holder withdraws an amount greater than the balance of the account leaving a negative balance. The lender usually charges an overdrawn account fee as well as interest on the negative balance, and usually requires the account holder to restore the account's positive balance.
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