
	As at
	October 31, 2022								October 31, 2021

(Millions of Canadian dollars)	Demand (1)		Notice (2)		Term (3)		Total		Demand (1)		Notic e (2)		Term (3)		Total


Personal	$	203,645	$	64,743	$	136,544	$	404,932	$	207,493	$	64,613	$	90,382	$	362,488
Business and government		348,004		17,855		394,011		759,870		356,020		20,800		319,533		696,353
Bank		10,458		490		33,064		44,012		12,549		449		28,992		41,990
	$	562,107	$	83,088	$	563,619	$	1,208,814	$	576,062	$	85,862	$	438,907	$	1,100,831
Non-interest-bearing (4)
Canada	$	149,737	$	7,797	$	466	$	158,000	$	151,475	$	8,051	$	713	$	160,239
United States		52,702		–		–		52,702		54,021		–		–		54,021
Europe (5)		620		–		–		620		632		–		–		632
Other International		7,840		–		–		7,840		8,002		–		–		8,002
Interest-bearing (4)
Canada		305,779		17,982		409,586		733,347		315,464		19,857		312,987		648,308
United States		11,410		57,055		85,111		153,576		6,978		57,260		77,597		141,835
Europe (5)		28,276		254		52,144		80,674		34,278		693		36,788		71,759
Other International		5,743		–		16,312		22,055		5,212		1		10,822		16,035
	$	562,107	$	83,088	$	563,619	$	1,208,814	$	576,062	$	85,862	$	438,907	$	1,100,831

(1)

Demand deposits are deposits for which we do not have the right to require notice of withdrawal, which include both savings and chequing accounts.

(2)

Notice deposits are deposits for which we can legally require notice of withdrawal. These deposits are primarily savings accounts.

(3)

Term deposits are deposits payable on a fixed date, and include term deposits, guaranteed investment certificates and similar instruments.

(4)

The geographical splits of the deposits are based on the point of origin of the deposits and where the revenue is recognized. As at October 31, 2022, deposits denominated in U.S. d

olla

rs, British pounds, Euro and other foreign currencies were $465 billion, $35 billion, $50 billion and $30 billion, respectively (October 31, 2021 – $399 billion, $35 billion, $43 billion and $27 billion, respectively).

(5)

Europe includes the United Kingdom, Luxembourg, the Channel Islands, France and Italy.

Contractual maturities of term deposits


	As at
(Millions of Canadian dollars)	October 31 2022		October 31 2021
Within 1 year:
less than 3 months	$	159,602	$	133,776
3 to 6 months		61,996		64,062
6 to 12 months		156,531		83,871
1 to 2 years		49,225		45,532
2 to 3 years		42,809		29,204
3 to 4 years		27,609		24,573
4 to 5 years		33,835		25,329
Over 5 years		32,012		32,560
	$	563,619	$	438,907
Aggregate amount of term deposits in denominations of one hundred thousand dollars or more	$	521,000	$	416,000

Average deposit balances and average

rates of interest


	For the year ended
	October 31, 2022				October 31, 2021
(Millions of Canadian dollars, except for percentage amounts)	Average balances		Average rates		Average balances		Average rates
Canada	$	847,052		1.02 %	$	772,875		0.61%
United States		207,436		0.50		180,230		0.13
Europe		81,824		1.03		77,217		0.55
Other International		28,613		0.72		28,731		0.33
	$	1,164,925		0.92 %	$	1,059,053		0.51%