Retail Deposits:

2. Retail Deposits should include Deposits from individuals placed with an Authorised Person. Deposits from legal entities, sole proprietorships or Partnerships should be included in wholesale Deposit categories. Deposits may include demand Deposits and term Deposits, unless otherwise excluded.
3. Deposits from individuals are divided under the Table into 'stable' and 'less stable' Deposits. Stable Deposits should include the portion of Deposits that are fully covered by an effective Deposit insurance scheme or by a public guarantee that provides equivalent protection and where:
a. the depositor has other established relationships with the Authorised Person that make Deposit withdrawal highly unlikely; or
b. the Deposits are in transactional accounts (e.g. accounts where salaries are automatically credited).
4. If an Authorised Person is not able to readily identify which retail Deposits would qualify as "stable" according to paragraph 4, it should place the full amount in the "less stable" buckets.
5. Less stable Deposits should consist of the portion of Deposits that do not meet the conditions in paragraph 4 and also include types of Deposits more likely to be withdrawn in a time of stress. These should include high-value Deposits (i.e. Deposits above any Deposit insurance limit), Deposits from customers who do not have established relationships with an Authorised Person that make the Deposit withdrawal unlikely, Deposits from sophisticated or high net worth individuals, Deposits where the internet is integral to the design, marketing and use of the account (on-line accounts) and Deposits with promotional interest rates (i.e. that are heavily ratedriven).
6. Cash outflows related to retail term Deposits with a residual maturity or withdrawal notice period of greater than 30 days should be excluded from total expected cash outflows only if the depositor has no legal right to withdraw Deposits within the 30-day period of the LCR, or if early withdrawal results in a significant penalty that is materially greater than the loss of interest. If an Authorised Person allows a depositor to withdraw such Deposits despite a clause that says the depositor has no legal right to withdraw, the entire category of these funds should be treated as demand Deposits.