Article 422 › 3

Institutions shall multiply liabilities resulting from deposits that have to be maintained: (a) by the depositor in order to obtain clearing, custody or cash management or other comparable services from the institution; (b) in the context of common task sharing within an institutional protection scheme meeting the requirements of Article 113(7) or as a legal or statutory minimum deposit by another entity being a Member of the same institutional protection scheme; (c) by the depositor in the context of an established operational relationship other than that mentioned in point (a); (d) by the depositor to obtain cash clearing and central credit institution services and where the credit institution belongs to a network in accordance with legal or statutory provisions; by 5 % in the case of point (a) to the extent to which they are covered by a Deposit Guarantee Scheme in accordance with Directive 94/19/EC or an equivalent deposit guarantee scheme in a third country and by 25 % otherwise. Deposits from credit institutions placed at central credit institutions that are considered as liquid assets in accordance with Article 416(1)(f) shall be multiplied by 100 % outflow rate.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04