Send Money To Chile

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
Chile Flag
Chile
CLP
1 USD equals
769.9 CLP
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      TransferWise Logo
      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app
      $
      $
      $

      low

      Fees
      75
      Speed Icon

      fast

      1-2 days

      Less Information
      +

      Transfer Options

      • Bank Transfer
      • Credit Card
      • Debit Card
      • Country specific alternatives

      Features

      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        User friendly mobile app
      • Circle Check Icon
        Multi-currency account
      • Circle Check Icon
        Travel debit card
      • Circle Check Icon
        No scheduled transfers
      • Circle Check Icon
        No dedicated account manager

      How to send money to Chile

      How To Step Icon
      Step 1
      Evaluate your options, register
      Evaluate your options, register
      The service provider that is best for you depends on your specific requirements.
      Start by reviewing and evaluating your options.
      Sign up with the company you select as an individual or a business customer.
      The information you need to complete the registration process might include details from an acceptable form of government-issued document.
      How To Step Icon
      Step 2
      Examine exchange rates, confirm your transfer
      Examine exchange rates, confirm your transfer
      Check for any significant CLP exchange rate fluctuations that may have taken place recently.
      To move forward with the transfer, let your service provider know how much money you want to send, and get a rate quote.
      Confirming the transfer requires locking the rate by accepting the quote.
      Your service provider will also need the recipient's Chilean bank account details.
      How To Step Icon
      Step 3
      Pay for the transfer, wait for the money to get to the recipient
      Pay for the transfer, wait for the money to get to the recipient
      Pay for your transfer using any of the methods made available by your service provider.
      It will send money to Chile only after receiving your payment.
      You get to know how quickly the money will get to the recipient ahead of time.
      Most companies let you track your transfer online, and several provide email/text notifications.

      Currency Symbol and Swift Codes

      What currency does Chile use? The Chilean peso (CLP) is the official currency of Chile, having been in circulation since 1975. One peso is divided into 100 centavos, although centavo-denominated coins are no longer in use.

      When sending money to a bank account in Chile, you will need the bank’s SWIFT code. Given below are SWIFT codes of some prominent banks in the country.

      BANKBRANCHSWIFT CODE
      Banco SantanderValdiviaBSCHCLR10RJ
      Banco Central de ChileSantiagoBCECCLA1XXX
      Banco de ChileSantiagoBCHICLRMXXX
      Banco del Estado de ChileSantiagoBECHCLRMXXX

       

      Case Study

      Benjamin led a fairly comfortable life in Chile with his wife and young son. At one point, he was required to travel to the U.S. on a long-term work assignment. He was sure he wanted to come back as soon as he could, so his wife and son continued living in Chile. Once he got to the U.S., he had to start sending them money every month. While he could use the services of a bank, he decided to compare his options. This is what he found.

       BANKMONEY TRANSFER SERVICE
      Exchange rate$1 = CLP 587.632$1 = CLP 602.70
      Transfer fee$25$0
      Amount received for $1,500CLP 866,757.20CLP 904,050.00
      Transfer time2 to 6 days2 to 3 days
      Transfer optionsBank accountBank account
      Difference of CLP 37,292.80

      Turning to the overseas money transfer company worked better than the bank because it resulted in Benjamin’s wife getting extra money each month. The company was quicker to process the transfer and it also let Benjamin schedule subsequent transfers in advance.

       

      Cash Pickup Locations in Chile

      If you want to transfer money to Chile in a hurry, consider turning to overseas money transfer companies such as MoneyGram, WorldRemit, Western Union, or Ria, because they have extensive agent networks in the country. Given below are addresses of some cash pickup locations in Chile.

      MONEYGRAM IN CHILE 
      Santiago Correos Chile Estacion Metro U. De Chile Local 25 SantiagoAfex Pedro De Valdivia No 012 Santiago
      Valdivia Correos Chile O'Higgins 575 ValdiviaCorreos Chile Bueras 1931 Valdivia
      WESTERN UNION IN CHILE 
      Santiago Chilexpress S A Alameda 2128 SantiagoSandy Iturra Alameda 1261 Local 18 Santiago
      Valdivia Chilexpress SA Valdivia 440 Local Bh 124 ValdiviaChilexpress S A Camilo Henriquez 785 Valdivia

       

      Safety Tips for Picking Up Cash in Chile

      Muggings and pickpocketing take place commonly in and around most cities in Brazil, especially around tourist destinations, places frequented by foreigners, and bus stations. If you visit a café or a restaurant, keep your belongings carefully.

      Keep your valuables with you when travelling on buses and do not put them in storage compartments. Refrain from walking alone after dark. If you plan to use a taxi at night, try to book one ahead of time instead of hailing one off the street. Instances of drinks being spiked have been reported from some areas in Santiago.

       

      What Information Do I Need to Transfer Money to Chile?

      The information you need when sending money to Chile depends on the transfer method you select.

      • Transfer to a bank account. You will need the recipient’s complete name and account number as well as the receiving bank’s name and SWIFT code.
      • Transfer to physical location. You will need to provide the recipient’s complete name as well as the location of a desired cash pickup center. The recipient will need to provide an acceptable form of ID along with a reference number to collect the transferred money.

       

      Regulations When Transferring Money To and From Chile

      The Central Bank of Chile regulates and inflow and outflow of money to and from the country. However, there are no restrictions on how much money to may send to or transfer from the country. If you plan to leave the country with U.S. $10,000 or more, you are required to declare it to the country’s customs authorities.

      Convert USD to CLP

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      CLP
      Sending money online through specialist money transfer companies.

      Expect to receive between CL$76220.1 and CL$76682.04 when sending money from USD to CLP at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately CL$73140.5, not including additional banking fees. That is an average saving of CL$3310.57.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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