Banking in Chile: what an expat in Chile should know

Banks in Chile, how do they work? Is it easy to open a bank account in Chile? Up-to-date info about banking in Chile...

Banking in Chile: what an expat in Chile should know

09/07/2019, updated 15/06/2023

Banking in Chile can be complicated to understand, especially for a foreigner who just relocated in the country.

We have written several articles to answer the various questions that foreigners arriving in Chile usually have.

The first problem that occurs is the bank account.

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If you need more details, or want to have access to specific regulation about Chile financial system. You can check the website of the Comisión para el Mercado Financiero.

If you have a problem or a conflict with your bank, you can liaise with SERNAC, the National Consumer Service (el Servicio Nacional del Consumidor), which can help solving the conflict.

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