Retail Payment Instruments
(Year-ended at December)
| Volume of Transactions in Millions | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2003 | 2004 | 2005 | 2006 | 2007 /1 | 2008 /2 | |||
Checks | ||||||||
| Process at electronic checks clearing house | 6.7 | 6.6 | 6.4 | 6.6 | 6.6 |
6.6 |
||
| Process at bank's office | 8.0 | 14.4 | 16.0 | 14.3 | 24.5 |
26.2 |
||
Payment cards | ||||||||
| Debit | 6.7 | 15.8 | 16.2 | 18.8 | 15.4 |
15.0 | ||
| Credit | 1.4 | 6.5 | 9.4 | 13.0 | 8.0 |
9.7 | ||
Paper based credit transfers | ||||||||
| Customer initiated | n.a. | 0.0680 | 0.0730 | 0.1068 | 0.0750 |
0.0411 | ||
| Interbank / large value | n.a. | n.a. | n.a. | 0.0026 | 0.0003 |
0.0004 | ||
Paperless credit transfers | ||||||||
| Customer initiated | n.a. | 5.4 | 13.2 | 25.5 | 23.5 |
27.9 | ||
| E-banking |
n.a. |
n.a. |
n.a. |
n.a. |
13.0 |
16.3 | ||
| Electronic branches |
n.a. |
n.a. |
n.a. |
n.a. |
8.0 |
8.9 | ||
| Others |
n.a. |
n.a. |
n.a. |
n.a. |
2.5 |
2.7 | ||
| Interbank / large value | n.a. | n.a. | n.a. | 0.58 | 0.1 |
0.1 | ||
| . | ||||||||
| Direct debits | n.a. | n.a. | n.a. | 2.4 | 1.1 |
1.1 | ||
Source: Survey to banks and informed by electronic checks clearing.
1/ The information has been modified based on variations and reviews reported by banks.
2/ Preliminar data.
n.a. Not available information at the moment.
| Value of Transactions in Millions | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2003 | 2004 | 2005 | 2006 | 2007 /1 | 2008 /2 | |||
Checks | ||||||||
| Process at electronic checks clearing house | 18,688.8 | 20,048.9 | 20,419.1 | 22,841.0 | 24,979.5 |
26,181.5 |
||
| Process at bank's office | 10,902.5 | 19,210.2 | 27,457.0 | 27,384.7 | 24,760.2 |
25,652.1 |
||
Payment cards | ||||||||
| Debit | 216.7 | 582.8 | 641.8 | 780.3 | 857.5 |
837.3 | ||
| Credit | 358.5 | 404.6 | 620.4 | 881.5 | 691.2 |
666.2 | ||
Paper based credit transfers | ||||||||
| Customer initiated | n.a. | 4,958.1 | 5,524.8 | 7,030.0 | 6,251.7 |
7,374.7 | ||
| Interbank / large value | n.a. | 942.2 | 441.8 | 356.1 | 21.6 |
102.0 | ||
Paperless credit transfers | ||||||||
| Customer initiated | n.a. | 1,473.6 | 5,403.6 | 9,054.9 |
11,799.5 |
15,378.9 | ||
| E-banking |
n.a. |
n.a. |
n.a. |
n.a. |
10,093.3 |
13,517.3 | ||
| Electronic branches |
n.a. |
n.a. |
n.a. |
n.a. |
118.4 |
97.6 | ||
| Others |
n.a. |
n.a. |
n.a. |
n.a. |
1,587.8 |
1,764.0 | ||
| Interbank / large value | n.a. | 3,548.1 | 3,801.0 | 5,595.5 | 924.5 |
1,568.2 | ||
| . | ||||||||
| Direct Debits | n.a. | 54.3 | 71.0 | 472.3 | 712.5 |
842.2 | ||
Source: Survey to banks and informed by electronic checks clearing.
1/ The information has been modified based on variations and reviews reported by banks.
2/ Preliminar data.
n.a. Not available information at the moment.
| Payment System Infrastructure | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2003 | 2004 | 2005 | 2006 | 2007 /1 |
2008 /2 | |||
| Cash dispensers (ATM) | ||||||||
| Numbers of national networks | 2 | 7 | 7 | 8 | 8 |
9 |
||
| Number of terminals | 717 | 798 | 897 | 958 | 1,029 |
1,118 |
||
| Volume of transactions (in thousands) | 36,000 | 43,402 | 48,898 | 56,930 | 65,443 |
67,439 | ||
| Value of transactions (in thousands US$) | 1,599,600 | 1,943,665 | 2,190,548 | 2,209,507 | 2,841,309 |
3,035,341 | ||
| Electronic funds transfer at the point of sale (EFTPOS) | ||||||||
| Number of networks | n.a. | 2 | 2 | 2 | 7 |
7 | ||
| Debit cards | 803,526 | 1,218,930 | 1,486,643 | 1,632,642 | 1,465,046 |
1,478,897 | ||
| Credit cards | 446,136 | 581,851 | 629,739 | 806,004 | 717,367 |
759,148 | ||
| Number of terminals | n.a. | 6,000.0 | 6,914.0 | 10,870.0 | 18,096.0 |
21,397 | ||
| Volume of transactions (in thousands) | 8,100 | 22,355 | 25,559 | 31,738 | 23,481 |
24,683 | ||
| Value of transactions (in thousands US$) | 575,200 | 987,481 | 1,262,184 | 1,661,734 | 1,548,680 |
1,503,407 | ||
Source: Survey to Banks.
1/ The information has been modified based on variations and reviews reported by banks.
2/ Preliminar data.
n.a. Not available information at the moment.
| Interbank Transfers in Millions US$ | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | |||
| Related to government transactions 1/ | 5,476.4 | 5,672.9 | 6,160.9 | 7,989.8 | 7,094.9 |
8,579.5 |
||
| Banks 2/ | 8,443.3 | 8,138.1 | 8,019.0 | 8,230.6 | 8,452.9 |
9,436.2 |
||
| Total |
13,919.6 | 13,811.0 | 14,179.9 | 16,220.3 | 15,547.8 |
18,015.6 | ||
Source: Central Reserve Bank of El Salvador.
1/ Correspond to government to banks funds transfers, between government accounts and bonds settlements (LETES).
2/ Correspond to stock market funds transfers (from stock exchange to banks), tax revenues, between Multisectorial Investment Bank (BMI) accounts to Banks, from Banks to BMI, from Banks to Deposit Insurance Institution (IGD), from Financial System Strengthening and Cleaning Up Trust Fund (FOSAFFI) to Banks, from Federation of Credit Banks and Banks of Workers (FEDECREDITO) to Banks.
