Startups in Chile usually want fast opening, a low monthly cost while revenue is small, online payment collection, and the ability to hold foreign currency when investors or customers are abroad. Mercado Pago opens quickly with no maintenance fee, Global66 helps hold and bill across currencies, and BCI Pyme suits teams that want a full bank with lending as they grow.
Suits Startups best
Mercado Pago for fast low cost opening, Global66 for cross border billing, BCI Pyme for a bank with lending.
Typical monthly fee
Free at digital providers; BCI Pyme starts near 0.4 UF a month including VAT and is waived above a set average balance. Confirm with provider.
Company formation
Many startups form a SpA through the Tu Empresa en un Dia portal, which can be done in a single day. Verify with the provider.
Providers that fit
Three covered here
Fees and features as of 7 June 2026Last reviewed 7 June 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Startups in Chile generally want fast opening, low cost while small, online collection, and the ability to hold foreign currency for overseas investors or customers. Mercado Pago opens quickly with no maintenance fee, Global66 helps bill across currencies, and BCI Pyme suits teams wanting a full bank with lending. Information as of 7 June 2026, not advice.
What Startups in Chile need from a business account
A young company wants to spend little while revenue is small, open quickly, collect payments online, and keep the option to hold foreign currency when investors or customers are abroad. The priorities are a low monthly cost, fast onboarding, online collection, expense cards, and foreign currency handling for fundraising or overseas revenue. A registered company with a RUT is required to open a business account, and many founders form a SpA through the Tu Empresa en un Dia portal, which can be completed in a single day.
M
Mercado Pago
No maintenance fee and fast online opening with strong payment collection, with limited cash and branch services.
A multi currency account that holds and converts several currencies and pays to many destinations, useful for fundraising or billing abroad, with fewer branch and lending services than a bank.
We do not list a business account that is confirmed available to startups in Chile through an affiliate as of 7 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 Startups in Chile
Which account suits a startup in Chile?
Many startups in Chile open Mercado Pago for fast low cost collection, Global66 to hold and bill across currencies when investors or customers are abroad, or BCI Pyme for a full bank with lending. Weigh the cost against the services you use. Information as of 7 June 2026, not advice.
Do startups in Chile need a registered company?
Yes. A business account requires a registered company with a RUT. Many startups form a SpA through the Tu Empresa en un Dia portal, which can be done in a single day. Confirm the requirements with the provider, as of 7 June 2026.
Can a startup in Chile hold foreign currency?
Yes. Traditional banks offer US dollar accounts and Comex services, while Global66 lets a company hold and convert several currencies. This helps startups that raise or earn in US dollars. Rules and pricing vary, so confirm with the provider, as of 7 June 2026.
How much does a startup account cost in Chile?
As of 7 June 2026, digital providers such as Mercado Pago and Global66 charge no maintenance fee, while BCI Pyme starts near 0.4 UF a month including VAT and waives it above a set average balance. Confirm current pricing with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 7 June 2026. Confirm current terms with the provider before applying.