Chile · Importers and Exporters

Best business accounts for Importers and Exporters in Chile

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson
Snapshot

Importers and exporters in Chile usually need foreign currency accounts, foreign trade services known as Comex, and trade finance such as letters of credit. Banco de Chile, BCI, and Santander Chile offer these services, while Global66 can help with lower cost foreign currency payments.

Suits Importers and Exporters best
Banco de Chile, BCI, or Santander Chile for Comex and trade finance; Global66 for lower cost foreign currency payments.
Typical monthly fee
Traditional banks charge a monthly package in UF plus trade and foreign currency fees; digital providers charge per transfer. 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
Three covered here
Fees and features as of 8 December 2025Last reviewed 8 December 2025

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

Importers and exporters in Chile usually need foreign currency accounts, Comex services, and trade finance. Banco de Chile, BCI, and Santander Chile cover these, while Global66 helps with lower cost foreign currency payments. Information as of 8 December 2025, not advice.

What Importers and Exporters in Chile need from a business account

Importers and exporters move money across borders, settle in foreign currency, and often need trade finance such as letters of credit and import or export collections. Foreign currency operations run through the formal exchange market, the Mercado Cambiario Formal. The priorities are foreign currency accounts, Comex services, competitive exchange pricing, and access to trade finance. A registered company with a RUT is required to open a business account.

Banco de Chile
A full service bank with Comex and trade finance and a wide branch network, with a monthly package and higher cost than a digital provider.
Best for
Trade finance and foreign currency
Monthly fee
Monthly package priced in UF plus trade fees
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BCI
A bank with Pyme plans and foreign trade services, with a monthly package waived above a set average balance.
Best for
Smaller traders wanting Comex
Monthly fee
From about 0.4 UF a month plus trade fees
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Santander Chile
An international bank with trade finance and foreign currency services, with a monthly package and pricing that should be compared directly.
Best for
Traders wanting an international network
Monthly fee
Monthly package priced in UF plus trade fees
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We do not list a business account that is confirmed available to Importers and Exporters in Chile through an affiliate as of 8 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 Importers and Exporters in Chile

Which account suits an importer or exporter in Chile?
Many traders use Banco de Chile, BCI, or Santander Chile for Comex and trade finance, and add Global66 for lower cost foreign currency payments. Compare trade and exchange pricing directly. Information as of 8 December 2025, not advice.
Can a Chilean business hold foreign currency accounts?
Yes. Banks offer foreign currency accounts and Comex services, with foreign currency operations running through the formal exchange market. Rules and pricing vary, so confirm with the provider, as of 8 December 2025.
Do banks in Chile offer letters of credit?
Yes. Banco de Chile, BCI, and Santander Chile offer trade finance such as letters of credit and import or export collections. Terms depend on your company profile, so confirm with the provider, as of 8 December 2025.
How much does a trade account cost in Chile?
As of 8 December 2025, traditional banks charge a monthly package priced in UF plus trade and foreign currency fees, while digital providers such as Global66 charge per transfer. Confirm current pricing with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 8 December 2025. Confirm current terms with the provider before applying.

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