Banco de Chile SWIFT Code: BCHICLRM

The SWIFT/BIC code for Banco de Chile is BCHICLRM. BCHI identifies Banco de Chile, CL stands for Chile, and RM is the Santiago (Región Metropolitana) location code. This code handles international wire transfers to Banco de Chile accounts.

Banco de Chile is one of Chile's largest and oldest banks, founded in 1893. It is majority-owned by the Luksic Group (one of Latin America's largest conglomerates) and Citigroup. The bank serves over 2 million customers and holds approximately 18% of Chile's total lending market.

CLP Transfers and Chilean Banking

The Chilean peso (CLP) is a freely floating currency with no capital controls, making Chile one of the most open economies in Latin America for international transfers. Wires to Banco de Chile settle within 1 to 2 business days for USD and EUR, and within 2 to 3 days for other currencies.

Chile uses RUT (Rol Único Tributario) as its tax identification number. International wires to Chilean accounts typically require the recipient's RUT number for compliance purposes.

Banco de Chile's Mining and Commodity Payments

Chile is the world's largest copper producer, and Banco de Chile processes a significant volume of mining-related international wires — copper sale proceeds, equipment purchases, and mining royalty payments. The bank's corporate division has specialized desks for mining, forestry, and agricultural exports.

Banco de Chile also handles a large share of Chile's salmon and wine export payments. The bank's FX desk offers spot, forward, and option contracts in CLP against USD, EUR, and other major currencies.

How Slash fits in

Slash tracks international payments across Latin American banking relationships, including wires through Banco de Chile. Each transaction is auto-categorized with exchange rates and fee details, giving your team clear visibility into Chilean payment flows.

Banco de Chile SWIFT Code: BCHICLRM