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Other Liabilities (Details) - CLP ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Other Liabilities      
Accounts and notes payable $ 214,216 $ 163,216  
Income received in advance 640 673  
Adjustment due to macro-hedging valuation 7,039  
Guarantees received (margin accounts) [1] 994,714 540,091  
Notes payable through brokerage and simultaneous transactions [2] 1,418,340 50,807  
Other payable obligations [3] 61,555 94,779  
Withholding VAT 8,147 1,990  
Accounts payable insurance companies 9,510 8,424  
Other liabilities 99,203 33,388  
Total $ 2,806,325 $ 900,407 $ 745,363
[1] Guarantee deposits (margin accounts) correspond to collateral associated to derivative financial contracts to mitigate the counterparty credit risk and are mainly established in cash. These guarantees operate when mark to market of derivative financial instruments exceed the levels of threshold agreed in the contracts, which could result in the Bank delivering or receiving collateral.
[2] In December 2019, Santander Corredora de Bolsa acted as an intermediary in the public offering of shares held between Latam and Delta, which was passed to the shareholders on January 3, 2019.
[3] Other payable obligations mainly relate to settlement of derivatives and other financial transactions derived from the operation of the Bank.