Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2022

Other Liabilities [Abstract]

Schedule of other liabilities

	As of December 31,
	2022		2021
	MCh$		MCh$
Accounts and notes payable		405,878		445,493
Income received in advance		901		798
Macro-hedge valuation adjustment (1)		85,725		68,524
Guarantees received (margin accounts) (2)		1,017,968		857,679
Broker dealer and simultaneous transactions		265,793		48,031
Withholding VAT		36,814		35,792
Accounts payable insurance companies		10,893		12,558
In-progress operations		21,918		27,595
Deferred income		5,453		5,836
Other liabilities		190,339		104,320
Total		2,041,682		1,606,626

(1) Valuation balances of net assets and liabilities at market value subject to macro-hedging

(2) 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.