42. Fee and commission income

The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows:

Fee and Commission Income	Millions of Euros
Fee and Commission Income	2012	2011	2010
Commitment fees	186	157	133
Contingent risks	355	318	282
Letters of credit	60	54	45
Bank and other guarantees	295	264	237
Arising from exchange of foreign currencies and banknotes	25	25	19
Collection and payment services income	3,088	2,694	2,500
Bills receivables	77	67	60
Current accounts	404	360	402
Credit and debit cards	1,913	1,619	1,384
Checks	224	229	263
Transfer and others payment orders	338	294	274
Rest	132	125	117
Securities services income	1,147	1,105	1,142
Securities underwriting	100	70	64
Securities dealing	206	200	181
Custody securities	329	330	357
Investment and pension funds	388	389	414
Rest assets management	124	116	126
Counseling on and management of one-off transactions	8	13	11
Financial and similar counseling services	40	55	60
Factoring transactions	38	33	29
Non-banking financial products sales	107	97	102
Other fees and commissions	580	578	586
Total	5,574	5,075	4,864

financial statements 2012