The Central Bank of Chile issued a regulatory framework allowing additional financial entities to open central bank accounts and make payments directly through its Real-Time Gross Settlement System, the country’s main infrastructure for settling high-value payments. Eligible entities include savings and credit cooperatives that meet applicable legal requirements, securities depository and custody companies, foreign central counterparties recognized by the Financial Market Commission, operators of payment systems regulated by the central bank and their nonbank participants. The framework amends several chapters of the central bank’s financial regulations and completes the implementation of powers granted under Law No. 21,641 on the resilience of the financial system and its infrastructures.
2026-08-19Central Bank of Chile
Central Bank of Chile expands real-time gross settlement system access to new financial entities
The Central Bank of Chile expanded direct access to its Real-Time Gross Settlement System to specified cooperatives, securities depository and custody companies, recognized foreign central counterparties, regulated payment system operators and their nonbank participants. Eligible entities may open central bank accounts and make payments directly through the system.