Banking for crypto and Web3 businesses in Chile is unclear and depends on the provider. The 2023 Fintech Law, Law 21,521, recognises crypto assets and the Financial Market Commission licenses exchanges, but banks are not required to serve crypto businesses and some have closed exchange accounts in the past. Treat availability as unclear and confirm directly with each provider.
Suits Crypto and Web3 best
No provider is confirmed to welcome crypto businesses; access is unclear, verify with the provider.
Typical monthly fee
Standard business account fees apply where an account is granted; pricing varies by provider. Confirm with provider.
Non resident position
A Chilean registered entity with a RUT and a legal representative domiciled in Chile is normally required. Verify with the provider.
Providers that fit
Unclear; verify directly
Fees and features as of 7 December 2025Last reviewed 7 December 2025
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Banking access for crypto and Web3 businesses in Chile is unclear. The Fintech Law licenses exchanges through the Financial Market Commission, but banks are not required to serve crypto businesses and have been cautious. Treat availability as unclear and confirm with each provider. Information as of 7 December 2025, not advice.
What Crypto and Web3 in Chile need from a business account
Crypto and Web3 companies in Chile need a current account that can receive client and investor funds, pay staff and suppliers, and meet compliance checks. The 2023 Fintech Law, Law 21,521, set a licensing framework supervised by the Financial Market Commission, and exchanges were required to register. Even so, banks are not obliged to open accounts for crypto businesses, and some exchanges have faced account closures in the past, so banking access is uncertain. Established providers below serve general business customers, but crypto activity may trigger extra review or refusal, and Mercado Pago and similar providers restrict crypto trading.
B
Banco de Chile
A full service bank for general business; crypto activity may trigger extra review or refusal, so confirm acceptance before applying.
We do not list a business account that is confirmed available to Crypto and Web3 in Chile through an affiliate as of 7 December 2025. The local providers above serve business customers in Chile. Compare these options directly, see the related guides below for markets where listed providers are available, and verify any option with the provider before applying.
Questions about banking for Crypto and Web3 in Chile
Can a crypto business open a bank account in Chile?
It is unclear and depends on the bank. Banks are not required to serve crypto businesses, and some have closed exchange accounts in the past, though the Fintech Law now provides a licensing framework. Confirm acceptance directly before applying, as of 7 December 2025.
Is crypto regulated in Chile?
Yes. The 2023 Fintech Law, Law 21,521, recognises crypto assets, and the Financial Market Commission licenses exchanges and custodians. Tax is handled by the Servicio de Impuestos Internos. Rules continue to develop, so verify the current position, as of 7 December 2025.
Do fintech providers in Chile serve crypto businesses?
Many do not. Providers such as Mercado Pago and Wise restrict crypto trading businesses. Acceptance varies by provider and activity, so confirm directly, as of 7 December 2025.
What does a crypto business need to open an account in Chile?
You need a registered company with a RUT, the incorporation deed, identification for the directors and legal representative, proof of address, and detailed compliance and source of funds information. Even with these, acceptance is not guaranteed. Confirm with the provider, as of 7 December 2025.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 7 December 2025. Confirm current terms with the provider before applying.