Companies in Chile, such as the sociedad por acciones known as SpA, the limited liability company known as Ltda, and the corporation known as sociedad anonima, usually want a full service current account with lending and trade services. Banco de Chile, BCI, and Santander Chile suit larger companies, while digital providers can complement them for low cost collection.
Suits LLC and Corporations best
Banco de Chile, BCI, or Santander Chile for full service banking; a digital account can complement for low cost collection.
Typical monthly fee
Traditional banks charge a monthly package priced in UF, often waived above a set average balance. 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 18 June 2026Last reviewed 18 June 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Companies in Chile such as the SpA, the Ltda, and the sociedad anonima usually want full service banking with lending and trade services. Banco de Chile, BCI, and Santander Chile fit larger companies. Information as of 18 June 2026, not advice.
What LLC and Corporations in Chile need from a business account
A company in Chile usually needs a current account with multiple users and permissions, payroll and supplier payments, lending, and often foreign trade services. The priorities are a reliable current account, online banking with role controls, lending access, and good service for larger volumes. Common entity types are the sociedad por acciones, the limited liability company, and the corporation. A company RUT and the registered incorporation deed are required, and foreign owned companies normally need a legal representative domiciled in Chile.
B
Banco de Chile
A full service bank with lending, trade services, and a wide branch network, with a monthly package higher than a digital provider.
We do not list a business account that is confirmed available to LLC and Corporations in Chile through an affiliate as of 18 June 2026. 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 LLC and Corporations in Chile
Which account suits a company in Chile?
Many companies use Banco de Chile, BCI, or Santander Chile for full service banking, and add a digital account for low cost collection. Weigh the package fee against the services you use. Information as of 18 June 2026, not advice.
What entity types are common for companies in Chile?
Common types include the sociedad por acciones known as SpA, the limited liability company known as Ltda, and the corporation known as sociedad anonima. Many are formed through the Tu Empresa en un Dia portal. Confirm the right structure with a professional, as of 18 June 2026.
Can a foreign owned company open an account in Chile?
Yes. A foreign owned company can open an account but normally needs a company RUT and a legal representative domiciled in Chile. Requirements vary, so confirm with the provider, as of 18 June 2026.
How much does a company account cost in Chile?
As of 18 June 2026, traditional banks charge a monthly package priced in UF, often waived above a set average balance, while digital accounts can complement at no maintenance fee. Confirm current pricing with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 18 June 2026. Confirm current terms with the provider before applying.