Number of bank transfers in Latin America 2020, by country

Published by Statista Research Department, Apr 19, 2023
In 2020, among selected Latin American countries, the number of bank transfers in Brazil reached approximately 5.6 billion. It was followed by Mexico, with 1.6 billion transfers. In that same year, the value of bank transfers carried out in Brazil amounted to around five trillion U.S. dollars.

Number of bank transfers in selected Latin American countries in 2020 (in millions)

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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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