Business account fees in Chile: how to compare

Snapshot

Business account fees in Chile range from no maintenance fee at digital providers such as Mercado Pago and Global66 to a monthly package fee at traditional banks, which is usually quoted in UF, an inflation indexed unit. On top of the maintenance fee, watch the per transaction charges and the foreign currency conversion costs, since these often matter more than the headline price for a company that moves money or trades abroad.

Free account available: Yes, several digital providers offer a business account with no maintenance fee as of 12 March 2026.
Traditional bank package: Priced in UF, some waive the fee above a set average balance. Verify with the provider.
Other costs: Per transaction fees, card services, and foreign currency conversion. Verify with the provider.
Most providers: Traditional banks and digital providers

Fees and features as of 12 March 2026Last reviewed 12 March 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Business account fees in Chile span from no maintenance fee at digital providers such as Mercado Pago and Global66 to a monthly package fee at traditional banks, usually priced in UF. As of 12 March 2026, the charges to compare are the maintenance fee, the per transaction costs, the card services, and the foreign currency conversion terms. A low headline fee is only part of the picture, so weigh the whole cost against how you transact and confirm the current rate card with the provider.

How business account fees work in Chile

Three fee areas matter in Chile. The maintenance fee, which can be zero at digital providers and a monthly package charge at traditional banks. The per transaction fees, which can apply to some transfers, to cash handling, and to card services. And the foreign currency terms, which cover conversion costs and the spread on holding or moving currencies such as the US dollar. As of 12 March 2026 the right account depends on how a company actually transacts, so compare the three areas together rather than the headline price alone.

Maintenance and transaction fees

Digital providers such as Mercado Pago and Global66 offer a business account with no maintenance fee, while traditional banks such as Banco de Chile, BCI, and BancoEstado bundle services into a monthly package that is usually quoted in UF. Some banks waive the package fee above a set average balance, so the effective cost depends on your balance. Transaction charges vary by provider and can apply to certain transfers, to cash deposits or withdrawals, and to card services. Verify the current rate card with the provider, as of 12 March 2026.

Why fees are quoted in UF

The UF, or Unidad de Fomento, is an inflation indexed unit used widely in Chilean pricing. Many bank packages are priced in UF so the peso amount adjusts with inflation, which means the peso you pay can move between months even when the UF figure is unchanged. As of 12 March 2026, check both the UF figure and the current peso equivalent with the provider, and note whether the price includes VAT.

Foreign currency costs

For a company that earns, holds, or pays in foreign currency, the conversion cost and the spread can outweigh the maintenance fee. Traditional banks offer US dollar accounts and Comex foreign trade services, while Global66 lets a company hold and convert several currencies. These costs do not always appear on a standard fee schedule, so as of 12 March 2026 confirm the foreign currency terms directly with the provider.

Fees to check before you apply

When comparing business account costs in Chile, check these points, as of 12 March 2026. Verify with the provider

The maintenance or package fee, whether it is quoted in UF, whether VAT is included, and whether a balance waives it.
The per transaction fees for transfers, cash handling, and card services, and any thresholds that trigger them.
The foreign currency terms, including the conversion cost and spread for holding or moving currencies such as the US dollar.

How to compare fees

List how you actually transact, including transfers, cash use, card spend, and any foreign currency needs.
Compare the maintenance fee, the transaction fees, and the foreign currency terms together, not just the headline price.
Confirm the current rate card, the UF based pricing, and any VAT with the provider before you apply, since fees change.

We do not list a business account that is confirmed available to business customers in Chile through an affiliate as of 12 March 2026. Local traditional banks and digital providers in Chile publish their own fee schedules, with bank packages usually quoted in UF. See the related country guides below for markets where listed providers are available, and verify any local option directly with the provider.

Questions about business account fees in Chile

Are there free business accounts in Chile?

Yes. As of 12 March 2026 digital providers such as Mercado Pago and Global66 offer a business account with no maintenance fee, while traditional banks usually charge a monthly package priced in UF. Transaction and foreign currency costs can apply on top, so compare the full picture and confirm with the provider.

What fees apply to a business account in Chile?

Common charges include a maintenance or package fee at traditional banks priced in UF, per transaction fees for some transfers and cash handling, card service fees, and foreign currency conversion costs. As of 12 March 2026, verify the current rate card with the provider, since fees change.

Why are bank fees in Chile quoted in UF?

The UF, or Unidad de Fomento, is an inflation indexed unit used widely in Chile. Many bank packages are priced in UF so the peso amount adjusts with inflation. As of 12 March 2026, check the current UF value and the peso equivalent with the provider.

Can I avoid maintenance fees on a business account in Chile?

Often yes by using a digital provider that offers a business account with no maintenance fee, or by keeping an average balance that a bank waives the package fee above. As of 12 March 2026 these still carry transaction and foreign currency costs depending on use, so compare the whole fee picture and confirm terms with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 12 March 2026. Confirm current terms with the provider before applying.