Cecoban

Cecoban (Cámara de Compensación Electrónica) is a pivotal entity in Mexico's financial infrastructure, established in 1996 by the Bank of Mexico and the Mexican banking community. Its core mission is to manage and operate the nation's electronic clearing services, ensuring the secure and efficient processing of interbank transactions. The company facilitates critical payment systems, including electronic fund transfers (EFT), direct debits, and the clearing of checks between financial institutions, playing a fundamental role in the stability and modernization of the Mexican payment system.