How to send money abroad from Chile: a quick and reliable guide

Index of contents

1. Introduction: Why sending money abroad is becoming more common
2. Available options to send money from Chile
   • Traditional banks
   • Physical shipping houses
   • Digital platforms
3. Key Factors When Choosing a Money Transfer Service
4. Step by step: how to send money abroad from Chile
5. Comparison of shipping costs and times
6. Retorna: a reliable and digital alternative from Chile
7. Tips for saving money when making international transfers
8. Common Mistakes to Avoid
9. Frequently Asked Questions (FAQ)
10. Conclusion

1. Introduction: Why sending money abroad is becoming more common

Every year, thousands of people in Chile send money to family or friends abroad. This mainly happens for reasons such as:

• Migration: Many workers support their families in their home countries.
• Studios: Chileans who pay tuition fees or expenses abroad.
• Negocios: companies and freelancers that need to pay or receive services.

According to data from the Central Bank of Chile, the flow of remittances has grown steadily in recent years, which has led to the emergence of new, faster and cheaper solutions.

2. Available options to send money from Chile

Traditional banks

Banks are still the best-known option, but also the least convenient in many cases. Its main features are:

• High fees (between 20 and 40 USD per shipment).
• Delivery times of 2 to 5 business days.
• Less transparency in the exchange rate.

Physical shipping houses (Western Union, MoneyGram, etc.)

They are useful when the recipient needs to withdraw cash at the destination. Advantages:

• Worldwide coverage.
• Quick pick-up at the window.
• Disadvantages:
• Less competitive exchange rates.
• Need to go to an office in person.

Digital platforms

They are the ones that have grown the most in Chile thanks to:

• 100% online registration.
• Transfers in minutes.
• More competitive exchange rates.
• Real-time care.

3. Key Factors When Choosing a Money Transfer Service

Before deciding How to send money abroad from Chile, compare:

• Total cost of the operation (commission + exchange rate).
• Time of delivery.
• Reception method (bank, digital wallet or cash).
• Safety and regulation.
• User experience (app/web, customer service).

4. Step by step: how to send money abroad from Chile

In general, the process works like this:

1. Create an account on the service of your choice.
2. Enter the amount and the destination country.
3. Select the payment method (card, bank transfer, etc.).
4. Fill in the recipient's details.
5. Confirm the operation and save the voucher.

5. Comparison of shipping costs and times

Service Average commission Shipping time Traditional bank coverage 20-40 USD 2-5 business days Global Western Union 5-10% of the amount Minutes 200+ countries Returns from 0.5% minutes America and Europe Other fintech (Wise, Global 66) 0.5-2% hours/days Several countries

*Here you can see how platforms like Retorna and Global66 they offer better value compared to banks.

6. Retorna: a reliable and digital alternative from Chile

Return allows you to send money from Chile to Venezuela, Colombia, Peru, Argentina, Spain and the United States, with features such as:

• Immediate transfers.
• Personalized attention via WhatsApp 24/7.
• Competitive and transparent rates.
• 100% digital experience.

This makes it a solution ideal for those looking for speed and confidence without banking complications.

More information on the official website: Return to Chile.

7. Tips for saving money when making international transfers

• Compare at least two services before shipping.
• Avoid transfers on weekends, as some platforms charge additional costs.
• If you send money frequently, ask about loyalty programs.
• Send larger amounts in fewer transactions (fees are reduced).

8. Common Mistakes to Avoid

• Do not verify the real exchange rate before sending.
• Always use the same service “out of habit” without comparing.
• Trust unregulated platforms.
• Don't review other user reviews or experiences.

9. Frequently Asked Questions (FAQ)

What is the cheapest way to send money abroad from Chile?

Generally, digital platforms such as Retorna or Global66 offer better rates than banks or exchange offices.

How long does an international transfer take?

It depends on the service: in banks it can take up to 5 days, while in fintech platforms it usually takes minutes or hours.

Can I send money to any country from Chile?

Not all services operate in all destinations. It's important to verify coverage before signing up.

Is it safe to send money online?

Yes, as long as you use regulated and recognized services. Check the security of the website (https://) and save your receipts.

10. Conclusion

Sending money abroad from Chile doesn't have to be complicated or expensive anymore. While banks offer traditional solutions, today there are much faster and more accessible digital alternatives.

Among them, Retorna stands out for its speed, personalized attention and coverage in key countries, making it a reliable option for those looking for efficiency and safety.

The key is in compare options and choose the one that best suits your needs.

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