Thus, the judge may order the freezing of bank accounts and deposits of all kind, forbid transaction of shares, bonds or debentures and, in general, prohibit any act that may be conducive to converting the illicit earnings into activities that cover their criminal origin. The CDE, at the request of a foreign entity expressly appointed to that end by an international convention, may provide information over transactions subject to bank secrecy or reserve if said information is to be used to investigate crimes of drug trafficking or money laundering activities related thereto. In so doing, the CDE must be given assurance that the information thus provided will not be put to uses different than those for which it was requested. Any public officer than in the performance of its official duties becomes aware of the commission of any the crimes contemplated in this law, and that for whatever benefit fails to bring an action before the appropriate authorities, or that hides, alters or destroys any proofs thereof shall be subject to imprisonment and fines. Two main legal provisions govern bank secrecy generally.
Contravention constitutes a criminal offense.
However, these other banking transactions may be disclosed by the banking institutions to any third parties showing a legitimate interest in them, provided that there is no reason to believe that knowledge of the same by such third parties may result in pecuniary damage to the customer. Detailed disclosure of these other banking transactions may be made to professional firms engaged in the evaluation of the concerned bank, but such firms are also subject to the same confidentiality duty. Pursuant to the same provision of law, Chilean courts may order the disclosure or audit of specific transactions in the course of civil or criminal actions directly related with them. Chilean courts, however, may order the disclosure of specific entries or movements of a banking account in the course of civil or criminal actions affecting the account holder. This duty imposed on banks to keep in strict reserve any information or data related to the checking accounts of its customers is a form of confidentiality tantamount to secrecy.