Acceptances Outstanding (SF.BS.AcceptancesOutstanding)
Acceptances Outstanding (SF.BS.AcceptancesOutstanding) refers to the contingent liabilities from transactions mediated by a bank for customers. The intermediary bank may earn fees on intermediation or marginal gains/losses on such transactions.
Acceptances Outstanding (SF.BS.AcceptancesOutstanding) does not include:
- Bankers’ acceptances, bank overdrafts (classified as Commercial Paper (SF.BS.CommercialPaper))
- Customer acceptances outstanding that constitute a contra account to acceptances outstanding (classified as Customer Acceptances (SF.BS.CustomerAcceptances))