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TEF (Transferencias en Línea)

FPS

Chile online interbank transfer system. Near-real-time domestic transfers since 2008. 24/7 availability, first instant payment system in South America. Settlement via 2 daily DNS cycles through LBTR (RTGS). Chile fintech law (2023) driving further evolution.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether TEF (Transferencias en Línea) is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for TEF (Transferencias en Línea).

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for TEF (Transferencias en Línea) in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources ClearingPost reads CCA (Centro de Compensación Automatizado) · Authoritative (T1) · 8 of 12 fields carry a source and a recorded date · latest sourced entry recorded 5 Sep 2026 · evidence details ↓

Record · TEF (Transferencias en Línea)

Country
Chile (CL)
Currency
Chilean Peso (CLP)
Operator
CCA (Centro de Compensación Automatizado S.A.)
Type
FPS
Operating Window
24/7/365
Year Established
2008
Daily Volume
Growing
Tier?
Tier 3
ISO 20022?
Legacy
Region
Americas
Settlement Type?
Net
Participants
Chilean banks
Availability
24/7/365
Notes

Chile also operates LBTR as its RTGS layer; TEF is the retail layer and settles through the low-value clearing house rather than a dedicated 24/7 instant rail. The Banco Central de Chile transfer figures count only interbank transfers between natural persons holding different RUT, so transfers between a person's own accounts and person-to-business flows are excluded and the true TEF total is higher. The central bank's August 2026 Payment Systems Report finds TEF use still concentrated in person-to-person transfers rather than payments at merchants, which is the gap its forthcoming rule consultation is intended to close.

Reference Sources
CCA (Centro de Compensación Automatizado)
Authoritative (T1)Entry recorded Mar 12, 2026

Operations · TEF (Transferencias en Línea)

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.