CECOBAN processed 140.05 million transactions in 2023 across all clearing services. The total represents a 4.9% increase from the prior year. CECOBAN is the only clearing house authorized by Banco de México to settle deferred payments through the central bank's SICAM settlement system. Thirty-eight financial institutions participate as direct clearers. Settlement occurs through participant accounts at Banco de México, ensuring finality in central bank money.
Daily TEF volumes range from under 80,000 to over 700,000 transactions depending on the business calendar. On 26 February 2026, CECOBAN recorded 701,166 TEF transactions worth MXN 9.77 billion. On the following day, volume dropped to 76,924 transactions worth MXN 2.12 billion. This concentration reflects corporate payroll and pension disbursement runs that cluster around the 1st and 15th of each month.
CECOBAN clears three instrument types: deferred electronic fund transfers, cheques, and direct debit collections known as domiciliaciones. TEF transfers settle through SICAM on a same-day or next-business-day basis depending on submission time. The TEF service has operated since 1996, predating Banco de México's SPEI real-time transfer system by eight years. Banks authorized in Mexico and certified by CECOBAN can participate in the deferred clearing system.
Mexico's payment infrastructure routes time-sensitive transfers through SPEI's real-time gross settlement and scheduled bulk payments through CCEN's deferred net settlement. CCEN's primary users are corporations and government agencies processing payroll, pensions, and vendor payments in scheduled batches. This structural role explains the sharp daily volume variability visible in Banco de México's real-time transaction statistics.