PET - Plain English Taxonomy

Label: Assets Cash Items In Process Of Collection Amount
TREF ID: DE7853
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is the value, as at the relevant date, of cash items that are payable immediately upon presentation and are in the process of collection. This item includes  the amount of cheques, draft and other items drawn on other ADIs or overseas banks, and overnight settlement balances relating to Clearing House and Austraclear transactions.This item excludes import and export trade bills held by the reporting party that are in the process of collection.Authorised Deposit-taking Institutions (ADIs) have an authority under subsection 9(3) of the Banking Act 1959 to carry on banking business in Australia. ADIs include: (a) Australian-owned banks; (b) foreign subsidiary banks; (c) branches of foreign banks; (d) credit unions, credit societies and credit co-operatives; (e) building societies; (f) Specialist Credit Card Institutions (SCCIs); (g) providers of purchased payment facilities; and (h) other ADIs. Note: ADIs do not include merchant banks in Australia. An Overseas Bank represents a financial institution in another country (i.e. not Australia) that:(a) has the power to accept deposits in the regular course of business; (b) is supervised by the supervisor of banks or by state-based regulatory agencies; and (c) is subject to the same prudential requirements as banks (including capital adequacy). 

Usage
Form Labels
Label:
Cash items in the course of collection
Label:
Cash Items in the Process of Collection