IBANK 8.4.40 Treatment of other contractual obligations to extend funds within 30 calendar days

(1) The runoff rate for other contractual obligations to extend funds within 30 calendar days is 100%.
(2) Other contractual obligations to extend funds within 30 calendar days covers all contractual obligations to extend funds within 30 calendar days that do not fall within rules 8.4.23 to 8.4.39.
(3) The runoff rate of 100% is to be applied to:
(a) for obligations owed to financial institutions — the whole amount of such obligations; and
(b) for obligations owed to customers that are not financial institutions — the difference between:
(i) the total amount of the obligations; and
(ii) 50% of the contractual inflows from those customers over the relevant 30-calendar-day period.
Inserted by QFCRA RM/2018-2 (as from 1st May 2018).