Deposits

3 Months Ended

Jan. 31, 2025

Note 4: Deposits


	Payable on demand
(Canadian $ in millions)	Interest bearing		Non-interest bearing		Payable after notice (1)		Payable on a fixed date (2) (3)		January 31, 2025		October 31, 2024
Amortized cost deposits by:
Banks (4)	$	5,081	$	2,439	$	1,831	$	23,265	$	32,616	$	32,546
Business and government		74,069		41,832		212,611		249,857		578,369		575,019
Individuals		3,967		35,796		150,192		139,246		329,201		320,767
Total amortized cost deposits		83,117		80,067		364,634		412,368		940,186		928,332
Deposits at FVTPL		-		-		-		56,646		56,646		54,108
Total (5)	$	83,117	$	80,067	$	364,634	$	469,014	$	996,832	$	982,440
Booked in:
Canada	$	72,647	$	68,057	$	151,640	$	326,995	$	619,339	$	618,141
United States		10,402		12,009		211,102		93,808		327,321		314,066
Other countries		68		1		1,892		48,211		50,172		50,233
Total	$	83,117	$	80,067	$	364,634	$	469,014	$	996,832	$	982,440

(1)	Includes $46,979 million of non-interest bearing deposits as at January 31, 2025 ($44,617 million as at October 31, 2024).

(2)

Includes $64,536 million of senior unsecured debt as at January 31, 2025 subject to the Bank Recapitalization

(Bail-In)

regime ($65,986 million as at October 31, 2024). The

Bail-In

regime provides certain statutory powers to the Canada Deposit Insurance Corporation, including the ability to convert specified eligible shares and liabilities into common shares if the bank becomes

non-viable.

(3)	Deposits totalling $29,063 million as at January 31, 2025 ($29,136 million as at October 31, 2024) can be redeemed early, either fully or partially, by customers without penalty. These are classified as payable on a fixed date, based on their remaining contractual maturities.

(4)	Includes regulated and central banks.

(5)	Includes $539,423 million of deposits denominated in U.S. dollars as at January 31, 2025 ($521,160 million as at October 31, 2024), and $55,039 million of deposits denominated in other foreign currencies ($54,397 million as at October 31, 2024).

The following table presents deposits payable on a fixed date and greater than one hundred thousand dollars:


(Canadian $ in millions)	Canada		United States		Other		Total
As at January 31, 2025	$	277,246	$	82,792	$	48,203	$	408,241
As at October 31, 2024		285,555		77,313		48,086		410,954

The following table presents the maturity schedule for deposits payable on a fixed date greater than one hundred thousand dollars, which are booked in Canada:


(Canadian $ in millions)	Less than 3 months		3 to 6 months		6 to 12 months		Over 12 months		Total
As at January 31, 2025	$	52,532	$	46,585	$	48,980	$	129,149	$	277,246
As at October 31, 2024		63,442		33,704		62,674		125,735		285,555