What is the fastest way to send money from Chile to Venezuela?

Table of Contents

1. Ana's story: sending money wasn't as cheap as it seemed
2. The most common mistake when sending money to Venezuela
3. How much money is actually lost in commissions
4. What options exist today to send money from Chile
5. The alternative that allowed you to save every month
6. How to choose the most economical way according to your case
7. Conclusion: cheapness isn't always obvious

Ana's story: sending money wasn't as cheap as it seemed

Ana has lived in Santiago for four years.

Like many migrants, send money every month to your family in Venezuela.

For a long time he believed that he was using the most affordable option:

“I was paying a fixed commission and that's it. I thought that was normal.”

The problem is that He never calculated how much money he was actually losing.

The most common mistake when sending money from Chile to Venezuela

Ana's mistake is the same one that thousands of people make:

Look only at the visible commission and not the total cost of shipping.

This includes:

• Direct commission.
• Unfavorable exchange rate.
• Hidden intermediaries.

The result: Less money reaches its destination, even if the shipping “seems cheap”.

How much money is actually lost in commissions?

Ana sent small amounts, but on a consistent basis.

When he made the annual calculation, he noticed something worrying:

• Between commissions and exchange rates, I lost more than one full shipment per year

This is not an isolated case, according to the World Bank on remittance costs, shipments to Latin America may exceed 7% of the amount sent.

What options exist today to send money from Chile

Before changing, Ana evaluated several alternatives:

Traditional banks

• Slow processes.
• High costs.
• Not very transparent.

Physical companies

• High fixed rates.
• Uncompetitive exchange rate.

Digital platforms

• Lower commissions.
• Better exchange rate.
• Faster shipping.

This is where he found the real difference.

The alternative that allowed you to save every month

Ana started using a digital platform specialized in shipments between Chile and Venezuela.

In your case, Return allowed him to:

• Know the final amount before sending.
• Reduce the impact of the exchange rate.
• Send money quickly and easily.

You can learn how it works here 👉 **https://www.retorna.app/es **

These types of fintech solutions respond to a growing trend of more transparent digital remittances, as 👉 BBVA explains about innovation in remittances: https://www.bbva.com/es/innovacion/fintech-remesas-digitales/

How to choose the most economical way according to your case

Not everyone sends money the same way. Before you decide, ask yourself:

• Do I send money every month?
• Are they small or large amounts?
• Do I care more about cost or speed?
• Do I want to know exactly how much is coming?

The cheapest option is the one that reduces the total cost, not just the visible commission.

Conclusion: cheapness isn't always obvious

Ana didn't change her platform because of fashion, but because of numbers.

Today you know that:

• Sending cheap money requires information.
• The exchange rate matters as much as the commission.
• Specialized digital platforms can make a difference.

If you send money from Chile to Venezuela on a recurring basis, Reviewing how you do it can save you more than you imagine.

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