Payouts to Chile
Pay Chilean pesos from USDT or USDC
Chile's corridor is a trade corridor: wine, fruit, salmon and copper exporters, and the engineering and mining service firms around Santiago and Antofagasta, all invoicing in pesos. XEROF pays CLP to a Chilean bank account from a USDT or USDC balance, business to business, business to consumer and consumer to business.
How a payout to Chile works
Beneficiary KYC applies above CLP 7,000,000 and is completed before release. Payments are addressed with the beneficiary's RUT.
- Payout currency
- CLP
- Paid to
- Bank account in Chile
- Payment types
- B2B (business to business), B2C (business to consumer), C2B (consumer to business)
- Maximum per payment
- no fixed maximum; beneficiary KYC above CLP 7,000,000
- Rails
- Local bank transfer in CLP
- Pricing
- Per corridor: the CLP leg is quoted per payment on the confirmation
Who pays Chilean pesos this way
- An importer settling a Chilean wine or fruit exporter against the commercial invoice.
- A mining or engineering group paying Chilean subcontractors in pesos.
- A private client paying a Chilean notary, lawyer or contractor in CLP.
Paying Chile from Zug: timing and practicalities
Santiago is four to five hours behind Zug. Chilean peso payments confirmed in the Swiss morning are credited the same Chilean banking day; those confirmed later credit the next. Chilean banks close on national holidays and on the days around Fiestas Patrias in September.
Every Chilean account is tied to a RUT, which the receiving bank matches to the holder, and beneficiary KYC applies above CLP 7,000,000. Exporters of wine and fruit invoice in dollars and are paid in pesos at the rate on the confirmation.
What XEROF needs before the first payment
- Beneficiary name, bank, account type and account number, with RUT.
- The invoice or contract the payment settles.
- Beneficiary KYC documentation above CLP 7,000,000.
A worked example in CLP
- You send
- USDT 12,000 on ERC-20
- XEROF converts
- USD 12,000 equivalent at the live rate
- Beneficiary receives
- CLP to the supplier's account, with beneficiary KYC above CLP 7,000,000
- Fees on this example
- Brokerage fee plus the quoted CLP leg
Common questions
- What is the RUT and why is it required?
- The Rol Único Tributario, Chile's tax identifier for people and companies. Chilean banks match it to the account holder, so every payout in this corridor carries it.
- What is the maximum for a CLP payout to Chile?
- No fixed maximum; beneficiary KYC above CLP 7,000,000, set by the receiving market.
Chile: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.
Open a XEROF account to pay Chilean pesos in Chile.