T8: Volume of transactions processed by selected payment systems Source
(millions, unless otherwise stated; total for the year)
Year
«  2020  »
2016 2017 2018 2019 2020
Large-value payment systems
BOK-Wire+
Total gross volume44455
Breakdown of 'total gross volume' by instrument type
Credit transfers44455
Direct debitsnavnavnavnavnav
Chequesnavnavnavnavnav
Card and e-money paymentsnavnavnavnavnav
Other payment instrumentsnavnavnavnavnav
Partial breakdown of 'total gross volume'
Of which: volume of settlement in the PS in question for other PSs00000
Breakdown of 'volume of settlement in the PS in question for other PSs'
 by PS whose transactions are settled
'Check Clearing System' net volume settled in 'BOK-Wire+'00000
'Interbank Shared Networks' net volume settled in 'BOK-Wire+'00000
Concentration ratio in terms of volume (%)32.9937.8438.9742.3941.95
Retail payment systems
Check Clearing System
Total gross volume129103816250
Breakdown of 'total gross volume' by instrument type
Credit transfersnavnavnavnavnav
Direct debitsnavnavnavnavnav
Cheques 1129102806249
Card and e-money paymentsnavnavnavnavnav
Other payment instruments 200000
Number of netting cycles11111
Interbank Shared Networks
Total gross volume5,0515,4286,0976,8268,119
Breakdown of 'total gross volume' by instrument type
Credit transfers 33,4863,8764,5595,3036,036
Direct debits 38768969189571,634
Chequesnavnavnavnavnav
Card and e-money payments00000
Other payment instruments689656621565449
Number of netting cycles11111
 1 Includes promissory notes, personal cheques and cashier's cheques. 2 Bills of exchange. 3 Excludes transfers within the financial institution.
Source: Bank of Korea.