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)
* 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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Minsait. (April 6, 2022). Value of bank transfers in selected Latin American countries in 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/823882/bank-transfers-value-latin-america-country/
Minsait. "Value of bank transfers in selected Latin American countries in 2020 (in billion U.S. dollars)." Chart. April 6, 2022. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/823882/bank-transfers-value-latin-america-country/
Minsait. (2022). Value of bank transfers in selected Latin American countries in 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/823882/bank-transfers-value-latin-america-country/
Minsait. "Value of Bank Transfers in Selected Latin American Countries in 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Apr 2022, https://www.statista.com/statistics/823882/bank-transfers-value-latin-america-country/
Minsait, Value of bank transfers in selected Latin American countries in 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/823882/bank-transfers-value-latin-america-country/ (last visited December 12, 2024)
Value of bank transfers in selected Latin American countries in 2020 (in billion U.S. dollars) [Graph], Minsait, April 6, 2022. [Online]. Available: https://www.statista.com/statistics/823882/bank-transfers-value-latin-america-country/