Send money to Chile
TapTap Send
Rate 980.9612 · Fee $3.99
You send
$1,000
Estimated receipt
CL$977,047
CL$75,500 more than the lowest estimate · 0.93% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: TapTap Send ranks first of 4 for 1,000 USD → CLP: 977,047.17 CLP estimated. 75,497.59 CLP separates first from last.
Latest pricing observation: . Quotes are kept per USD→CLP pair, not per country, so check is served before you commit. Methodology.
What is the cheapest way to send USD to CLP?
Sending $1,000 to Chile, ranked by estimated payout.
Source: our collected quotes
TapTap SendBest value
980.9612
$3.99
CL$977,047.17
Send
Estimated payout difference: CL$75,497.59 between first and last on $1,000.
Chile has one of the most stable and digitally mature banking ecosystems in Latin America. Real-time bank-to-bank transfers via TEF (Transferencia Electrónica de Fondos) have been the local norm since 2008, processing roughly 900 million transactions a year across an estimated 15 million active users. The Chilean peso (CLP) is a free-floating currency managed by Banco Central de Chile, and the country's strong regulatory framework, low corruption ranking, and growing fintech sector — Mach (BCI), Tenpo, Fintual, and MercadoPago Chile among them — make Chile one of the more straightforward LATAM corridors for inbound remittances.
- TEF/TED (Transferencia Electrónica de Fondos / Transferencia Electrónica Directa) is Chile's bank-to-bank instant payment system, operated through the local clearing house. Transfers between Chilean banks typically settle within seconds to a few minutes during business hours and within hours overnight or on weekends.
- Major receiving banks: Banco Santander Chile, Banco de Chile, BCI (Banco de Crédito e Inversiones), Scotiabank Chile, Banco Estado (state-owned, runs the popular CuentaRUT account), Itaú Chile, and Banco Falabella. CuentaRUT (BancoEstado) is held by over 13 million Chileans — practically anyone with a national ID can receive transfers to it.
- CMF (Comisión para el Mercado Financiero) is Chile's unified financial regulator, overseeing banks, insurers, and fintech under the 2023 Ley Fintech. The framework gives Chile one of the most operationally stable fintech environments in the region — a relevant signal for cross-border senders concerned about provider reliability.
- CLP is a free-floating currency and reflects Chile's high commodity exposure (copper and lithium are major exports). Annual CLP/USD volatility of 10–20% is typical, and rate markups between international providers on the USD-to-CLP corridor are commonly 1–3% — significant but far smaller than the spreads seen on ARS or VES.
- Personal inbound remittances are not subject to Chilean income tax, and there is no IOF-style transaction tax. The SII (Servicio de Impuestos Internos) only treats inbound funds as taxable if they look like business income or undeclared earnings. CLP accounts can also be held in USD at most major banks for senders who want to avoid converting.
Which provider offers the best USD to CLP rate?
TapTap Send
4.7Exchange rate
980.9612
Fee
$3.99
Recipient gets
CL$977,047.17
Speed
Under 3 minutes (95% of transfers)
Crypto & stablecoin routes for USD → CLP
Each is a fiat on-ramp → blockchain → local cash-out, not a one-tap transfer. All-in cost below.
Binance P2PBeats mid-market
Coinbase → Solana (USDC) → Binance P2P (CLP) · ~1 second
994,092 CLP
2.14% rebate all-in
+
Binance P2PBeats mid-market
Coinbase → Solana (USDC) → Binance P2P (CLP) · ~1 second
994,092 CLP
2.14% rebate all-in
- 1Coinbase USD→USDC: FREE
- 2Solana network: 0.000250 USDC
- 3Binance P2P (CLP): 0.8989898989898967% spread
- 40.00% withdrawal fee
Also routable via Solana (USDC), Polygon (USDC), Tron (USDT), Ethereum (USDC).
Source: Binance P2P API
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
Guides, fees & how it works
Which provider suits each USD→CLP transfer?
TapTap Send currently leads on both cost and speed for transfers to Chile.
Cheapest transfer
TapTap Send
Delivers the most CLP for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
TapTap Send
Best rate for bank deposit to Chile
What you need to send money to Chile
Full name
Recipient's full legal name as it appears on their bank account
Bank account number
Recipient's bank account number
Bank name
Name of the receiving bank
SWIFT/BIC code
Optional8 or 11-character SWIFT code identifying the bank (may be optional with IBAN)
Transfer examples: USD to CLP
Send $500
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| Remitly974.62 · Minutes to 3-5 days | Free | 974.62 | CL$487,312 | Minutes to 3-5 days |
| TapTap Send980.96 · Under 3 minutes (95% of transfers) | $3.99 | 980.96 | CL$486,567 | Under 3 minutes (95% of transfers) |
| Wise987.40 · Instant to 2 days | $32.22 | 987.40 | CL$461,885 | Instant to 2 days |
| Western Union900.75 · 1 business day | Free | 900.75 | CL$450,373 | 1 business day |
Send $1,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| TapTap Send980.96 · Under 3 minutes (95% of transfers) | $3.99 | 980.96 | CL$977,047 | Under 3 minutes (95% of transfers) |
| Remitly974.62 · Minutes to 3-5 days | Free | 974.62 | CL$974,624 | Minutes to 3-5 days |
| Wise987.40 · Instant to 2 days | $32.22 | 987.40 | CL$955,583 | Instant to 2 days |
| Western Union901.55 · 1 business day | Free | 901.55 | CL$901,550 | 1 business day |
Send $5,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| TapTap Send980.96 · Under 3 minutes (95% of transfers) | $3.99 | 980.96 | CL$4,900,892 | Under 3 minutes (95% of transfers) |
| Wise987.40 · Instant to 2 days | $32.22 | 987.40 | CL$4,905,173 | Instant to 2 days |
| Remitly974.62 · Minutes to 3-5 days | Free | 974.62 | CL$4,873,121 | Minutes to 3-5 days |
| Western Union907.99 · 1 business day | Free | 907.99 | CL$4,539,928 | 1 business day |
How much does it cost to send money to Chile?
Of the 4 estimates we hold for $1,000 USD to CLP, 2 charge no transfer fee and 2 charge between $3.99 and $32.22. Their exchange rates sit 0.28% to 8.95% above the mid-market rate (median 1.57%), a spread worth 85,848 CLP on this amount.
A volatile pair: 6.2 points apart; today is "great", the better half. Best payout day TapTap Send (29 September 2026), worst TapTap Send (26 August 2026).
How can my recipient receive money in Chile?
Recipients in Chile have 2 ways to receive this transfer: bank deposit; cash pickup.
Bank Deposit
Direct transfer to bank accounts in Chile.
Cash Pickup
Collect cash from agent locations in Chile.
How long does it take to send money to Chile?
3 of the 4 providers quoting USD to CLP advertise delivery within minutes (TapTap Send, Remitly, Wise); 1 quote longer, such as Western Union at 1 business day on USD to CLP.
Provider-stated speeds for Chile, not our measurement.
- TapTap SendUnder 3 minutes (95% of transfers)
- RemitlyMinutes to 3-5 days
- WiseInstant to 2 days
- Western Union1 business day
Only one provider here
SendScoreBest rate +2.02% vs the 30-day average, near the 51-day high. Rates are improving — +0.80% week on week. Range measured over 51 days — the full history we hold for this corridor. One provider only, so no comparison.
- 40%near the 51-day high
- 25%+2.02% vs the 30-day average
- 15%improving — +0.80% week on week
USD→CLP: 52 days of our recorded provider rates
USD to CLP Exchange Rate History
Per 100 USD sent, 52 days.
| Date | TapTap Send | __mid Market__ |
|---|---|---|
| Trend | ||
| Oct 3 | 981.0100 | 990.2190✓ |
| Oct 2 | 980.6200 | 982.6836✓ |
| Oct 1 | 975.3900✓ | 975.3900✓ |
| Sep 30 | 963.3700 | 972.9045✓ |
| Sep 29 | 962.8600 | 967.6985✓ |
| Sep 28 | 958.0700 | 961.5315✓ |
| Sep 27 | 951.9100 | 961.6224✓ |
| Sep 26 | 952.1500 | 961.6705✓ |
| Sep 25 | 952.4600 | 963.2484✓ |
| Sep 24 | 956.5400 | 963.1860✓ |
| Sep 23 | 953.7100✓ | 953.7100✓ |
| Sep 22 | 937.7300 | 947.8722✓ |
| Sep 21 | 938.6400 | 960.2455✓ |
| Sep 20 | 949.8700 | 959.4646✓ |
| Sep 19 | 949.8700 | 959.3677✓ |
| Sep 18 | 949.9200 | 960.6796✓ |
| Sep 17 | 949.0900 | 955.0111✓ |
| Sep 16 | 945.0800 | 954.1444✓ |
| Sep 15 | 944.8400 | 955.0591✓ |
| Sep 14 | 946.3400✓ | 946.3400✓ |
| Sep 13 | 932.5400 | 942.4356✓ |
| Sep 12 | 932.5400 | 942.3403✓ |
| Sep 11 | 932.6500 | 940.9302✓ |
| Sep 10 | 931.4600✓ | 931.4600✓ |
| Sep 9 | 917.4200 | 924.9118✓ |
| Sep 8 | 915.6200 | 934.3061✓ |
| Sep 7 | 925.1800 | 931.9835✓ |
| Sep 6 | 921.7400 | 934.5432✓ |
| Sep 5 | 924.3800 | 934.4723✓ |
| Sep 4 | 928.4700 | 932.8544✓ |
| Sep 3 | 933.4100 | 937.8177✓ |
| Sep 2 | 930.8900 | 936.0382✓ |
| Sep 1 | 927.3500 | 931.7291✓ |
| Aug 31 | 927.3500 | 931.7291✓ |
| Aug 30 | 926.3500 | 931.3794✓ |
| Aug 29 | 926.3500 | 931.1922✓ |
| Aug 28 | 921.5000 | 926.1307✓ |
| Aug 27 | 915.1200 | 920.3661✓ |
| Aug 26 | 904.5500 | 913.3179✓ |
| Aug 25 | 908.1300 | 912.7852✓ |
| Aug 24 | 916.6900 | 919.3561✓ |
| Aug 23 | 910.3900 | 915.1488✓ |
| Aug 22 | 910.3900 | 915.2408✓ |
| Aug 21 | 917.8800 | 922.8635✓ |
| Aug 20 | 917.0500 | 921.6583✓ |
| Aug 19 | 921.3000 | 923.6090✓ |
| Aug 18 | 910.7100 | 915.2864✓ |
| Aug 17 | 909.0300 | 913.9654✓ |
| Aug 16 | 910.5100 | 915.0854✓ |
| Aug 15 | 910.5100 | 914.9015✓ |
| Aug 14 | 912.8400 | 914.4861✓ |
| Aug 13 | 909.8100 | 914.5657✓ |
Frequently asked questions
Common questions about sending money to Chile
What is the cheapest way to send money to Chile?
Wise and Remitly typically offer the best USD-to-CLP rates, with markups around 0.5–1.5% above the mid-market rate. For transfers from Spain (a common origin given Chilean migration to and from Spain), Ria and WorldRemit are also competitive. CLP volatility means the rate at the time of sending matters: a 2–3% swing in the same week is normal. Use our comparison above to see today's best total CLP received across all providers.
What is the RUT and why is it needed for a transfer to Chile?
RUT (Rol Único Tributario) is the Chilean national tax/ID number — a 7–8 digit number with a check digit (e.g. 12.345.678-9). Every Chilean adult has one, and it is the primary identifier for any financial transaction, including receiving an international transfer. You'll need the recipient's RUT, full legal name, account type (cuenta corriente, cuenta vista, or CuentaRUT), and account number. Foreigners resident in Chile use a RUT issued under the same system.
How long does a money transfer to Chile take?
Wise typically delivers to Chilean bank accounts within 1–2 business days. Remitly Express can deliver same-day. SWIFT bank wires from US/UK commercial banks take 2–4 business days. Once funds reach the recipient's bank, TEF makes the internal credit near-instant. Cash pickup is less common in Chile than in other LATAM markets — bank deposit is by far the dominant delivery method.
What bank details do I need to send money to Chile?
You need the recipient's RUT, full legal name, account type (cuenta corriente / cuenta vista / CuentaRUT), account number, and the receiving bank's SWIFT code. Key SWIFT codes: Banco Santander Chile (BSCHCLRM), Banco de Chile (BCHICLRM), BCI (CREDCLRM), Scotiabank Chile (NOSCCLRM), BancoEstado (BECHCLRM), Itaú Chile (ITAUCLRM), Banco Falabella (FALACLRM). Chile does not use IBAN.
Can I send money to BancoEstado CuentaRUT or a digital wallet like Mach in Chile?
Yes — CuentaRUT is BancoEstado's universal low-cost account, automatically opened for any Chilean adult who requests it, and it works as a normal bank account for receiving international transfers. The account number is simply the recipient's RUT (without the check digit). Digital wallets like Mach (BCI), Tenpo, and MercadoPago Chile can also receive funds, either directly when supported by the provider or via a linked underlying bank account. Confirm the exact routing with your recipient — BancoEstado CuentaRUT is the most universally supported.
Are remittances to Chile taxed?
Personal remittances received in Chile are not subject to Chilean income tax. The SII (tax authority) does not classify family gifts or personal support as taxable income. There is no IOF-style transaction tax. Regularly received funds that look like employment or business income may be classified as taxable. Inbound transfers above USD 10,000 may be reported by the receiving bank under standard AML reporting, but this triggers no tax. Chile also permits USD-denominated accounts at most major banks, which avoids the CLP conversion step entirely.