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HOMEMONEY TRANSFERSouth Africa
Send money from South Africa to Chile

Send money from South Africa to Chile

The money that moves from Johannesburg to Santiago is usually working money: a bill with a due date, a term fee, a supplier's invoice. A rare corridor: scholarship students, mining professionals and importers of Chilean wine and fruit.
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CLP
Send Money to Chile
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Chilean pesos for someone in Santiago

The people sending from Johannesburg and Cape Town to Chile tend to know exactly what the recipient needs in Chilean pesos. A rate that moves between send and settlement breaks that.

Grey fixes the USD to CLP rate when you confirm and pays into Banco de Chile, BancoEstado, Santander Chile, BCI or any Chilean bank. A rare corridor: scholarship students, mining professionals and importers of Chilean wine and fruit.

How sending to Chile works

Grey foreign bank account in Ghana
Sign up
Open Grey with your SA ID or passport. You'll get USD, EUR and GBP account details to receive income from abroad. Grey works with licensed partners serving South Africa.
Fund
Hold your foreign earnings in USD on Grey. When a payment to Chile is due, convert exactly that amount to CLP and send.
Send
Chile asks for the recipient's RUT alongside their bank and account number. Enter all three, confirm the CLP amount, and send.

The cost of a transfer to Santiago

Grey shows one rate, USD to CLP, and one fee. Both are fixed before you send from Johannesburg. The amount that reaches Santiago matches what you were shown.

What you agree is what arrives

The rate you accept in Johannesburg is the rate applied. Movements in either currency afterwards don't touch what arrives at Banco de Chile, BancoEstado, Santander Chile, BCI.

Ask a bank to send Chilean pesos and you'll usually be told to send dollars and let the recipient sort it out. That pushes the cost onto the person in Santiago.

What South African senders put up with before

Banks in Chile charge receiving fees on international wires and sometimes hold them for review. A payment from Johannesburg that lands as a domestic CLP credit at Banco de Chile, BancoEstado, Santander Chile, BCI clears faster and arrives whole.

What your recipient sees in Santiago

The person in Santiago gets what they'd get from a local transfer: CLP credited to their account at Banco de Chile, BancoEstado, Santander Chile, BCI. No collection, no code, no receiving fee. Confirmation shows in your app in Johannesburg at the same time.

Banco de Chile and the rest

Every bank in Chile is covered, from the big names to regional ones.

Domestic credit

Your recipient sees a normal CLP deposit, not an international wire.

Confirmation in Johannesburg

The app in South Africa shows settled the moment Santiago receives it.

Funding from South Africa, in practice

Before the CLP reaches Santiago, the money has to get onto Grey in Johannesburg. South Africans on Grey are funded from abroad: a foreign employer, a US client, a family member. That dollar balance sends to any destination without a rand step. Hold the balance in dollars and convert to CLP exactly when the payment to Santiago is due.

Income arrives

From an employer, a platform or a client abroad.

Balance waits

In USD, until the Chile payment is due.

Transfer goes

One conversion to CLP, into Banco de Chile.
If the CLP amount matters more than the USD amount, enter the CLP figure first and let Grey work back to what you'll pay.
Grey foreign bank account in Brazil.

Who this route is for

Trade

Payments to Chilean exporters of wine, fruit and mining services.

Students

Living costs for students at Universidad de Chile, PUC and Universidad de Concepción.

Freelancers and contractors

Payments to Chilean developers, designers and consultants in pesos.

Family

Support for relatives in Santiago, Valparaíso and Concepción.

Seen from Johannesburg, the corridor looks like this. A rare corridor: scholarship students, mining professionals and importers of Chilean wine and fruit. From Johannesburg, the money tends to go to specific bills with specific due dates.
Send Money to Chile

Grey on South Africa to Chile, in three points

No receiving fee
Banco de Chile sees a domestic credit. Nothing is skimmed on arrival.
Fee and rate shown apart
Two numbers, not one blended figure.
Recipient needs nothing
No app, no account, no code. Just their bank details.
Licensed, not a bank
Grey isn't a bank. We're a licensed financial services provider. Grey works with licensed partners serving South Africa. Every payment is encrypted and tracked to settlement.
Trusted by 3M+ users
In-app support covers Chile like any other destination.

If you send to Santiago regularly from Johannesburg, the difference between a good rate and a bad one isn't felt on one transfer. It's felt at the end of the year.

Same-day CLP into any bank in Chile for most funded transfers from Johannesburg, with the cost on screen before you send. [VERIFY CLP local payout live: Notion DB says No, Slack May 12 says testing complete]
Open a free Grey account

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Grey is a financial technology company, not a bank. Banking services are provided by licensed banking partners. Canadian services are offered by Grey Finance Inc with registered address at 1285 West Broadway Suite 600 Vancouver BC V6H 3X8. Canada. Grey Finance Inc. is regulated by FINTRAC. US services are offered by Grey Inc. with its registered address at 651 N Broad St, Suite 206 Middletown DE 19709 US. Grey Inc is regulated by FinCEN. Copyright © Grey Inc. [YEAR].