Send Money from Canada to BancoEstado in Chile

BancoEstado, Chile

BancoEstado, the only state bank in Chile, Banco del Estado de Chile, commercially known as BancoEstado, was established by government decree in 1953. The bank provides financial services to both individuals and businesses, with a focus on national geographic and social sector coverage. It is the largest mortgage lender and debit card issuer in the country. Furthermore, through the accounts maintained by the General Treasury of the Republic of Chile, BancoEstado executes a portion of the Chilean government's financial activities.

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How to Send Money to BancoEstado in Chile

Sending money to BancoEstado bank accounts in Chile is easy with Remitbee. It just takes six easy steps.

  • Open a Remitbee account for free. It's free, easy, and gives you access to a private Remitbee Wallet and a secure account.

  • Please provide us with your full name, your address, and your occupation. Make sure to verify your email address and phone number.

  • Tell us where you want to send your money. It is crucial that we have the recipient's bank details, including the account number and bank name. You can also designate whether the recipient is picking up the money or it is going straight into their account.

  • Check the CAD to CLP rate. Once the exchange rate for CAD to CLP is satisfactory, enter the amount you want to send, select your payment method and confirm your transfer. The conversation rates change daily, but the fees for each payment method are fixed and permanent.

  • Track your money. At this point, you’ve done everything you need to do! We’ll send your money, just keep an eye on it in the Remitbee app and watch as it arrives in Chile.

  • Be a Hero! Anyone who sends money online to Chile to support their family is a hero. Our job is to help provide a service fit for a hero.

What are the benefits of sending directly to BancoEstado?

There are many benefits to sending directly to BancoEstado with Remitbee. Here’s a quick overview:

  • It’s more secure than doing in offline

  • It’s faster

  • You can do it from the comfort of your home

  • You can access your money as soon as the transfer goes through

What is the information you need to complete the transfer?

Here is the information you'll need to complete your Remitbee transfer.

  • Name of the recipient - Double-check that the name on the account you're transferring matches the name on your bank statements. This will prevent delays in your transfer.

  • Address - We'll need the address of the branch to which you're sending money so we can deliver it to the recipient's city.

  • The name of the French bank to which you are sending money is the bank name.

  • Account Number - This ensures that it reaches the account of the intended recipient.

How Remitbee calculates the CAD to CLP exchange rate
We strive to keep our costs as low as possible and monitor prices on a daily basis to provide you with the most competitive Chilean Rupee and BancoEstado of Chile exchange rates on the market. We also provide the finest BancoEstado of Chile exchange rates for remittances. When you utilize bill, Interact, or debit card payment methods, there are modest costs, but you can also use the Remitbee Wallet without paying any fees at any time. We are clear about any fees, and you may see them before sending money to Chile in the application.

Send money to all major Banks in Chile

How international money transfers work
The SWIFT network is used for international wire transfers. Before the transfer is approved, transfer instructions are transmitted from the sender's bank to the recipient's bank, and any fees are charged. One of the banks will determine the CAD to CLP conversion rate, and the funds will be transferred between accounts.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
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Frequently Asked Questions
Yes, you very certainly can.
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
Only direct bank account transfers are available for transfers to the Chile.
When you verify your account, you may send up to $9,000 CAD per day and $50,000 CAD per month.

Any transfer of 500 CAD or more is entirely free. The transaction fees for sending less than $500 CAD are mentioned below:

  • Interac Online - $2.99

  • E-transfer – Free

  • Bill Payment – Free

  • Electronic funds Transfer - Free

  • Visa or Mastercard Debit - $2.99+

The CAD to CLP exchange rate is currently 1 CAD for {{CLP}} CLP. This changes daily.
The maximum amount of money you can send in CLP is dependent on your account's verification level.

The minimal Verification Level 1 allows you to send only 50 CAD daily, and up to 500 CAD monthly.We recommend Verification of Level 2.

It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.For users who need to transfer larger amounts of money we also have a good option – Verification Level 3.

It allows you to send 9,000 CAD daily, and up to 50,000 CAD monthly.

We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, verification is a one-time process.

Once you have been verified, there is no need to provide any other documents.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
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