Contingencies and Commitments (Tables)

12 Months Ended

Dec. 31, 2023

Contingencies and Commitments [Abstract]

Schedule of Contingent Loans and Other Liabilities

The Bank and its subsidiaries have exposures associated with contingent loans and other liabilities according to the following detail:

	2023		2022
	MCh$		MCh$
Guarantees and sureties
Guarantees and sureties in chilean currency		—		—
Guarantees and sureties in foreign currency		351,531		348,774
Letters of credit for goods circulation operations		350,604		424,195
Debt purchase commitments in local currency abroad		—		—
Transactions related to contingent events
Transactions related to contingent events in chilean currency		2,209,109		2,230,917
Transactions related to contingent events in foreign currency		431,188		466,691
Undrawn credit lines with immediate termination
Balance of lines of credit and agreed overdraft in current account — commercial loans		1,581,711		1,396,659
Balance of lines of credit on credit card — commercial loans		317,560		290,950
Balance of lines of credit and agreed overdraft in current account — consumer loans		1,476,241		1,457,303
Balance of lines of credit on credit card — consumer loans		6,708,946		6,202,951
Balance of lines of credit and agreed overdraft in current account — due from banks loans		—		—
Undrawn credit lines		—		—
Other commitments
Credits for higher studies Law No. 20,027 (CAE)		—		—
Other irrevocable credit commitments		120,545		72,355
Other credit commitments		—		—
Total		13,547,435		12,890,795

Responsibilities assumed to meet customer needs:

	2023		2022
	MCh$		MCh$
Transactions on behalf of third parties
Collections		176,146		174,238
Placement or sale of financial instruments		—		—
Transferred financial assets managed by the bank		—		—
Third-party resources managed by the bank		921,105		766,706
Subtotal		1,097,251		940,944
Securities custody
Securities safekept by a banking subsidiary		6,267,729		5,593,924
Securities safekept by the Bank		3,133,770		3,646,536
Securities safekept deposited in another entity		17,238,292		14,855,338
Securities issued by the bank		—		—
Subtotal		26,639,791		24,095,798
Total		27,737,042		25,036,742

Schedule of Estimated Dates of the Respective Legal Contingencies

The estimated end dates of the respective legal contingencies are as follows:

	As of December 31, 2023
	2024		2025		2026		2027		Total
	MCh$		MCh$		MCh$		MCh$		MCh$
Legal contingencies		882		291		—		—		1,173

Schedule of Subsidiary Established a Guarantee in an Insurance Policy

	2023		2022
Guarantees:	MCh$		MCh$
Shares delivered to guarantee forward sales transactions covered simultaneously:
Santiago Securities Exchange, Stock Exchange		17,070		15,840
Electronic Chilean Securities Exchange, Stock Exchange		11,432		10,323
Fixed income securities to guarantee CCLV system		7,820		9,983
Fixed income securities as collateral for the Santiago Stock Exchange		2,142		—
Fixed Income securities to guarantee equity short sale and Hedging Loan:
Santiago Securities Exchange, Stock Exchange		—		—
Shares delivered to guarantee equity lending and short-selling:
Santiago Securities Exchange, Stock Exchange		2,350		7,992
Cash guarantees received for operations with derivatives		1,062		743
Cash guarantees for operations with derivatives		6,142		1,443
Equity securities received for operations with derivatives
Electronic Chilean Securities Exchange, Stock Exchange		189		273
Depósito Central de Valores S.A.		276		1,363
Financial intermediation securities received for operations with derivatives
Internal custody		—		238
Total		48,483		48,198

Schedule of insurance policies contracted

The policies contracted are:

Matter insured	Amount Insured (UF)
Errors and omissions liability policy		500
Civil responsibility policy		60,000