Bank transfers value in Latin America 2020, by country

Published by Statista Research Department, Nov 9, 2024
In 2020, among selected Latin American countries, Brazil registered the highest value of bank transfers, with an amount of roughly 5.1 trillion U.S. dollars. Mexico followed, with around 4.1 trillion U.S. dollars. The lowest value of bank transfers was registered in Peru and the Dominican Republic.

Value of bank transfers in selected Latin American countries in 2020 (in billion U.S. dollars)

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Release date

April 2022

Region

LAC

Survey time period

2020

Supplementary notes

* Figures given by Banco de Mexico for interbank credit transfers include money orders of the Electronic Funds Transfer (EFT) and the Interbank Electronic Payment System (SPEI) for up to 500 thousand Mexican pesos, as well as credit card payments from other banks.

** The Dominican Republic figure includes both low value and high value transfers, as well as instant payments.

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