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CASH AND CASH EQUIVALENTS (Details) - CLP ($) $ in Millions | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
--- | --- | --- | --- | ---
Cash and deposits in banks |  |  |  |
Cash | $ 824,863 | $ 613,361 |  |
Deposits at the Central Bank of Chile | 953,016 | 441,683 |  |
Deposits in local banks | 664 | 393 |  |
Deposits in banks abroad | 286,898 | 397,485 |  |
Subtotals - Cash and deposits in banks | 2,065,441 | 1,452,922 |  |
Net cash items in process of collection | 190,714 | 181,419 |  |
Cash and cash equivalents | $ 2,256,155 | $ 1,634,341 | $ 2,486,199 | $ 2,327,170

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- Definition The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 7 -IssueDate 2018-01-01 -Paragraph 45 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=7&date=2018-03-01&anchor=para_45&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph B13 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B13_a&doctype=Appendix&seq=2 -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 54 -Subparagraph i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_54_i&doctype=Standard -URIDate 2018-03-16 + Details
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