German household transferable deposits transactions
German household transferable deposits transactions stood at 0.1 EUR billion in Q1 2026, according to Deutsche Bundesbank. It is one of the indicators in the Household financial accounts table (Value · Quarterly), with a complete series running from Q1 1999 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Household financial accounts table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total financial assets | 93.6 | 79 | 76.3 | 66.6 | 88.6 | 81.1 | 71.9 | 70.4 | 83.5 | 62.9 | |
| Currency and deposits | 11.1 | 66.6 | 27.6 | 41.1 | 7.3 | 49.2 | 20.6 | 47.8 | 33.7 | 62.3 | |
| Transferable deposits | 0.1 | 48.8 | 23 | 37.8 | 14.8 | 54.5 | -7.6 | 8.4 | -33.5 | -18.6 |
Understanding german household transferable deposits transactions
Day-to-day transactional liquidity flows passing through household checking and sight accounts are recorded in this component. Scope encompasses overnight deposits and instant-access balances held with credit institutions that can be converted immediately into cash or used for cashless payments via direct debit, card, or credit transfer. The series excludes term deposits locked for fixed durations, notice-period savings books, and physical currency. It represents the primary working capital buffer of households, absorbing immediate wage receipts and funding daily operational expenditures.
Because transferable accounts serve as transactional conduits, this series experiences acute quarterly volatility. Significant inflows coincide with mid-year vacation allowances and year-end bonuses, followed by immediate outflows as funds are spent or transferred into higher-yielding term accounts. Year-on-year comparisons across identical quarters strip out regular payroll calendars, providing a reliable view of structural liquidity accumulation. Quarter-on-quarter comparisons often mistake routine payment timing for fundamental changes in saving behavior. Compilers base these figures on monthly balance sheet returns from monetary institutions, with revisions occurring when institutional classifications between households and non-profit institutions are refined.
Frequently asked questions
- What defines a transferable deposit in household accounts?
- Transferable deposits consist of overnight and sight balances that can be converted immediately into currency or used directly for payment transactions without delay or fees.
- Why do transferable deposit flows shift when deposit interest rates change?
- When term deposits offer higher yields, households reallocate idle cash from non-interest checking accounts into fixed-term products.
- How are foreign currency current accounts treated?
- Current accounts denominated in foreign currencies held at domestic banks are included after converting transaction amounts into domestic currency equivalents.