XML 257 R12.htm IDEA: XBRL DOCUMENT

Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2019

Cash and cash equivalents [abstract]

6.	Cash and Cash Equivalents:

(a)

Details of cash and cash equivalents and its reconciliation to the Statement of Cash Flows at each year-end are as follows:

	2018		2019
	MCh$		MCh$
Cash and due from banks:
Cash (*)		624,862		889,911
Current account with the Central Bank (*)		121,807		178,429
Deposits in other domestic banks		26,698		75,651
Deposits abroad		106,714		1,248,175
Subtotal - Cash and due from banks		880,081		2,392,166

Transactions in the course of collection		244,758		232,551
Highly liquid financial instruments (**)		83,807		371,063
Repurchase agreements		72,632		114,466
Total cash and cash equivalents		1,281,278		3,110,246

(*)

Amounts in cash and Central Bank deposits are mandatory reserve deposits for which the Bank must maintain a minimum specified monthly average balance.

(**)

It corresponds to negotiation instruments and investment instruments, whose terms do not exceed three months from the date of acquisition.

	2018		2019
	MCh$		MCh$
Highly liquid financial instruments:
Financial Assets Held-for-trading		83,807		371,063
Total		83,807		371,063

(b)

Transactions in the course of collection:

Transactions in the course of collection are transactions for which the only remaining step is settlement, which will increase or decrease the funds in the Central Bank or in foreign banks, normally occurring within 24 to 48 business hours and are detailed as follows:

	2018			2019
	MCh$			MCh$
Assets
Documents drawn on other banks (clearing)		210,743			222,261
Funds receivable		78,451			109,159
Subtotal transactions in the course of collection		289,194			331,420

Liabilities
Funds payable		(44,436	)		(98,869	)
Subtotal transactions in the course of payment		(44,436	)		(98,869	)
Total transactions in the course of collection		244,758			232,551