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Guide to Sending CLP

Updated over a month ago

What types of beneficiaries can I transfer CLP to?

You can send CLP payments to individual and business accounts in Chile.

Payment Types

CLP transfers are sent via local transfer.

Name Checks

No name verification is required for CLP transfers.

Is there a limit on the amount I can send?

Transfer Limit: CLP 250,000,000 per transfer

How long does it take for the funds to reach the beneficiary?

  • Cut-off Time: 20:50 SGT (Singapore Time)

  • Delivery Estimate: Typically up to 1 business day after currency conversion is completed

Notes:

  • Currency conversion can take up to 2 business days from the time your transfer is approved.

  • No payouts are processed during weekends or Chile public holidays.

  • Transfers submitted after the cut-off times will be processed at the next available window.

What will the sender's name be reflected as?

Your business name will be displayed as the sender on the recipient's bank statement.

What information should I include when sending CLP transfers?

Recipient and Transfer Details:

When initiating the transfer in the Aspire app, Admin and Finance Users will be asked to provide:

  • Full name of the account holder: up to 35 characters

  • Beneficiary's bank name (Bank Code): Needs to be selected from the drop-down list

  • Account number: Up to 20 numbers

  • Beneficiary's RUT number – Rol Único Tributario: 7-8 digits and a check digit/number

  • Account type: Checking, Savings, or Demand

  • Recipient's phone number

Traces and Recalls

  • Traces: Trace requests are supported. You will need to provide the recipient's bank statement to initiate a trace request.

  • Recall: Recall requests are not supported.

Bounceback

If your transfer is rejected by the recipient's bank, the funds will be returned to your Aspire account within 2 business day.

Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.

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