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Overseas banking/Chile

AmericasChileLicensed-entity research

Banco de Chile

Banco de Chile (the domestic Chilean banking entity; not a brand or shareholder)

The CMF directory lists Banco de Chile as a locally regulated bank in Chile, code SBIF 001. Its website confirms personal digital accounts and the FAN Emprende account for certain Chilean micro and small businesses, but public confirmation of eligibility for non-resident individuals and foreign companies is unavailable.

Regulator
Chilean Financial Market Commission (Comisión para el Mercado Financiero, CMF)
Check date
2026-10-26
Verify status
Some information is pending confirmation: the CMF’s list of regulated banks has been checked for BANCO DE CHILE (code SBIF 001); the bank’s website materials for personal digital accounts and the FAN Emprende business product, and the official Chilean UAF/SII baseline materials, have been reviewed. Eligibility for nonresident individuals, account options for foreign companies, personal document/address requirements, cross-border witnessing, and personal account fees and processing times still require written confirmation from the bank.

Research scope and official resources

Topic number:americas-banco-de-chile

Retained based on the input selection record: a selection of large institutions under The Banker Top 1000 World Banks 2026 Latin American comparison measure. Candidate selection does not represent an individual ranking, proof of a licence, or account-opening availability, and is not a real-time top 100 ranking.

Bank’s official website

Personal Eligibility and Documents

Publicly confirmed: Banco de Chile presents a digital personal current/on-demand account that can be opened online, and states that the product is subject to a prior assessment; the publicly readable website does not fully disclose current personal eligibility conditions. Unknown: whether non-residents holding only a foreign passport, without Chilean residence or a Chilean identity document, are accepted. Specific identity, income, and address requirements for Chilean residents should also be confirmed through the application process or in writing with the bank. Search-result summaries or eligibility thresholds in old promotions must not be treated as current policy.

Personal information publicly disclosed or identified

  • The bank’s currently readable personal digital account page describes an online account and application assessment, but a complete, current list of personal account-opening documents could not be verified from the public page text. Applicants should confirm with the bank whether identification, Chilean RUT, tax-residency self-certification, proof of address, and proof of income are required for the selected account.
  • General preparation suggestions (not Banco de Chile's published personal account-opening policy): Prepare a valid passport or Chilean foreigner's identity card, Chilean RUT if applicable, tax number for the tax residence, proof of address and source of funds, and first confirm whether the bank accepts non-residents and the relevant document formats.

Company eligibility and documents

Publicly confirmed: The website’s Cuenta FAN Emprende is a digital on-demand account for local small and micro businesses in Chile. Individuals must have first-category tax activity; the legal entity route described applies to companies established through Tu Empresa en un Día with a single signatory, and account signing remains subject to a commercial assessment. Unknown: specific eligibility and additional conditions for foreign-registered companies, foreign branches, multiple joint signatories, non-resident beneficial owners, or other business account products; the website does not confirm that these entities can apply directly for this product.

Company information publicly disclosed or identified

  • For FAN Emprende legal-entity applications, the bank publicly lists valid identification, a security question valid with the Civil Registry, and the company’s Carpeta Tributaria, E-RUT, up-to-date articles of association certificate (Certificado de Estatuto), proof of existence (Certificado de Vigencia), and recordation certificate (Certificado de Anotaciones). The three company certificates must be downloaded from Tu Empresa en un Día on the day the application is submitted. The product’s application path is for Chilean legal entities with a single signatory.
  • For FAN Emprende applications by individual business operators, the bank publicly lists valid identification, a security question valid with the Civil Registry, and an up-to-date Carpeta Tributaria to prove first-category tax activities.
  • General preparation suggestions (not the bank's published policy for opening accounts for foreign companies): If enquiring about an account for a foreign-incorporated company, consider preparing a certificate of incorporation, Articles of Association, proof of existence, board/director and authorized signatory resolutions, powers of attorney, ultimate beneficial ownership structure, and certified/translated documents. The bank must confirm whether these are required, the notarization/certification method, and whether it accepts them.

Address, tax, and remote / witnessed procedures

Address and tax

Chile's tax identification number is the RUT. The SII explains that non-resident individuals or foreign legal entities must apply for a RUT in certain cases involving investment or business in Chile; a representative may also need to register, and certain representatives must be domiciled or resident in Chile. This tax rule is not a promise that the bank will accept non-residents for personal accounts. FAN Emprende's corporate product requires Chilean tax documents Carpeta Tributaria and E-RUT. The bank has not published a uniform requirement for non-resident mailing addresses, residential addresses or foreign tax identification numbers on the personal product pages reviewed; written confirmation is required.

Remote / witnessing

The individual digital account page describes an online application; FAN Emprende is expressly described as online digital account opening without a branch visit, but only for the product and eligible customers described publicly. No public commitment was found that the bank offers remote account opening worldwide to non-residents, video witnessing, third-party witnessing, or overseas notarisation as an alternative; an ordinary online application must not be taken to imply support for these arrangements.

Public process reference

  1. Personal: The official website says that a digital account can be applied for online. Eligibility, current documents, review methods, and the scope of availability to non-residents could not be fully verified from public pages and must first be confirmed in writing by the bank.
  2. Business FAN Emprende: Confirm that the applicant meets the published requirements for Chilean local business type and single-signature authority; complete the online application, verify business details and upload the documents requested by the bank. Product contracting is subject to commercial assessment.
  3. For foreign companies or non-residents applying for other accounts, the public process has not been confirmed. Ask the bank which applicants it accepts, which application channels are available, what identity/tax documents are required, and whether the applicant must attend in person. The official website gives no general account-opening timeframe, so a processing deadline cannot be promised.

Compliance topics, details, and sources

Chile AML/KYC and ongoing due diligence

Chile's UAF Circular 62/2025 establishes customer due diligence and ongoing customer knowledge obligations, and requires attention to risk and whether customer transactions are consistent with their declared purpose. The UAF's public guidance also requires applicable reporting entities to conduct customer due diligence, identify PEPs and report suspicious transactions. These are Chilean regulatory baselines and do not mean the bank has published its full internal review process or account-opening checklist.

Source:Unidad de Análisis Financiero — Preguntas frecuentes ；Unidad de Análisis Financiero — Circular N° 62/2025

Corporate Ultimate Beneficial Owners and Source of Funds

UAF Circular 62 provides for the identification of ultimate beneficial owners; its definition includes natural persons who directly or indirectly hold at least 10% of capital/voting rights, as well as natural persons who hold less than 10% but actually control decision-making. Enhanced due diligence based on risk may require customers to explain the source of funds and wealth and provide additional documents. Corporate applicants should truthfully disclose their ownership and control chain and prepare corresponding evidence; the bank’s specific threshold forms and document formats remain subject to its requirements.

Source:Unidad de Análisis Financiero — Circular N° 62/2025 ；Unidad de Análisis Financiero — Preguntas frecuentes

Chile tax residence self-certification and CRS

Chile's SII explains that under CRS, financial institutions must conduct due diligence on accounts and report information on qualifying financial accounts to the SII, which then exchanges it with other jurisdictions under applicable arrangements. Applicants should accurately provide their tax residence and corresponding tax identification numbers. The bank's self-certification form, specific reporting determinations and document requirements have not been published on the verified product pages.

Source:Servicio de Impuestos Internos — Estándar de Intercambio Automático de Información Financiera

U.S. Tax Status and FATCA (not equivalent to CRS)

The IRS explains FATCA reporting of asset information concerning U.S. account holders by foreign financial institutions and related obligations. U.S. tax status should be reported separately as required by the bank; this file does not describe the United States as a CRS participant and has not verified Banco de Chile’s specific W-9/W-8 or FATCA self-certification process.

Source:U.S. Internal Revenue Service — Foreign Account Tax Compliance Act FATCA

Sanctions and high-risk screening

UAF requires reporting entities to check United Nations Security Council sanctions resolutions/lists concerning terrorism and counter-proliferation and identify relevant risks. The specific screening methods and the bank’s internal sanctions policy have not been verified from its account-opening materials. Applicants should provide truthful and complete information as required by the bank and should not attempt to evade screening.

Source:Unidad de Análisis Financiero — Preguntas frecuentes ；Unidad de Análisis Financiero — Circular N° 62/2025

Compliance evidence

Account-opening compliance and supporting-document checklist

The bank’s stated requirements, local regulations, and preparation recommendations are presented separately. Acceptance in a specific case is subject to confirmation by the bank.

This guide is limited to Cuenta FAN Emprende, as described on Banco de Chile’s official website: local Chilean legal entities established through Tu Empresa en un Día and with a single signatory, and individual business owners with first-category tax activity. Applications are subject to a commercial assessment. Public information does not confirm that foreign companies, nonresident individuals, or applicants without a Chilean identity card can open this account, nor does it establish eligibility for other account products. If you engage Mr. Tang’s services, Mr. Tang can personally follow up on documents and appointments, explain fees in advance, and confirm the appointment time, but cannot guarantee the bank’s approval outcome.

Date information checked:2026-10-26

Information evidence package

FAN Emprende documents for Chilean legal entities

Who it applies to
Applies only to Chilean legal entities established through the website-described Tu Empresa en un Día process and signed by a sole signatory; it does not apply to foreign companies or entities with multiple signatories inferred from this information.
Documents to Prepare
  • The bank expressly states that valid identification and valid security questions from the Civil Registry are required.
  • The bank expressly states that applicants need Carpeta Tributaria, the representative's E-RUT, and the latest company bylaws certificate, certificate of good standing, and certificate of registration details.
  • The bank expressly states that the three company legal certificates must be downloaded from Tu Empresa en un Día on the day the application is submitted; obtain tax documents as directed on the SII website.
Description
The FAN Emprende page states that the application is entirely online and does not require a branch visit, but this applies only to that product and eligible customers, and is subject to commercial assessment. The publicly available materials do not explain how foreign notarisation, legalisation, or translations may be used in place of the Chilean documents listed.

Source:Banco de Chile — Cuenta Vista Empresa FAN Emprende；Banco de Chile — FAN Emprende corporate account opening documents and download method

Self-employed individual status and tax information

Who it applies to
Only for Chilean natural-person business operators with first-category tax activity; this is not an account opening checklist for ordinary individuals or non-residents.
Documents to Prepare
  • The bank expressly states that valid identification and valid security questions from the Civil Registry are required.
  • The bank expressly states that the latest Carpeta Tributaria is required to prove first-category tax status.
  • General preparation suggestion: Prepare a summary of your business activities, main customers and suppliers, and the expected purposes of incoming and outgoing payments so you can explain the purpose of the account accurately. This is not an additional mandatory checklist published by the bank.
Description
The official website does not disclose how it accepts foreign identity documents, proof of address, or nonresident tax identification numbers for this product. Ask the bank first, then prepare passports, residence documents, or tax identification documents; do not assume they can replace the requirements for Chilean products.

Source:Banco de Chile — Cuenta Vista Empresa FAN Emprende

Documents Explaining the Corporate Control Chain, Business, and Funds

Who it applies to
Chile's UAF customer due diligence regulations apply to the reporting entities specified therein. The supplementary materials below are prudent preparation suggestions; they do not represent itemized requirements on the FAN Emprende page and do not confirm eligibility for foreign entities to open accounts.
Documents to Prepare
  • Organize verifiable registration/good-standing documents, bylaws, registered shareholder lists, and a layered ownership chart. Identify anyone holding 10% or more, as well as anyone with a lower ownership interest who actually controls decisions, and include their identity information.
  • Prepare directors’/authorized signatories’ resolutions, representative authorization, and information on the company’s place of business, tax residence, contact details and business activities. For complex or foreign structures, be prepared to arrange translations into Spanish and certification of the original documents; confirm the required format with the bank first.
  • Prepare, based on the customer’s risk and actual transactions, the account purpose, expected payers/payees, countries and amounts, sample contracts or invoices, and traceable evidence of capital investment or the main source of funds and source of wealth.
Description
UAF Circular 62 requires customer information to include identity/passport or legal-entity tax number and legal status, nationality/occupation or business activity, residential and tax addresses, contact information, and the purpose of the relationship; legal entities must declare their ultimate beneficial owners. Banks may reasonably verify information and request additional documents. The suggested folder of documents is intended to assist with explanation and verification and should not be described as the bank's published fixed submission checklist.

Source:Unidad de Análisis Financiero — Circular N° 62/2025

Due diligence and enhanced verification

Ultimate beneficial owners and actual control

Basis for Verification
UAF Circular 62 defines a beneficial owner as an individual who directly or indirectly owns at least 10% of capital/voting rights, or an individual who owns less than 10% but actually controls decisions; banks must obtain a beneficial owner declaration and take reasonable steps to verify it. Foreign legal entities are also subject to requirements concerning the most senior natural person in management abroad and the identity and beneficial owner information of the legal representative residing in Chile. This threshold is a Chilean UAF rule, not a global standard or a bank-published account-opening form.
Preparation recommendation
Submit a tier-by-tier ownership chart, registration evidence, control arrangements, and identification documents for the ultimate individuals. If no one meets the ownership threshold, still explain the actual control chain and the basis for the assessment. Ask in advance which declaration forms, document certification, and translation formats the bank uses.
Scope
Local regulations; specific bank forms and accepted formats are not public.

Source:Unidad de Análisis Financiero — Circular N° 62/2025

Account purpose, source of funds/wealth and transaction profile

Basis for Verification
UAF requires ongoing analysis of whether customer behavior and transactions are consistent with the stated purpose, business activities and risk profile. Enhanced due diligence may apply in high-risk or suspicious cases, including requests for additional information about the purpose of the relationship, source of funds, source of wealth, management approval, and more frequent updates to customer and beneficiary information. Whether this is triggered and the bank’s evidentiary standards depend on risk; Banco de Chile’s internal thresholds have not been disclosed in public information.
Preparation recommendation
It is advisable to establish the path by which funds were generated using contracts, invoices, orders, financial statements, tax filings, shareholder loan or capital increase documents and bank statements. For cross-border payments that are markedly outside the usual scale, prepare explanations covering counterparties, countries, purposes and supporting documents.
Scope
Local regulations and general preparation advice; this does not mean every applicant will be asked to submit all documents.

Source:Banco de Chile — Cuenta Vista Empresa FAN Emprende；Unidad de Análisis Financiero — Circular N° 62/2025

PEP and United Nations sanctions list screening

Basis for Verification
UAF requires identification of whether customers and beneficiaries are PEPs. PEPs include, at a minimum, persons holding relevant public offices and specified categories of relatives/close associates; the minimum period after leaving office is one year, and institutions may expand the scope or period based on risk. PEPs require senior-level approval, reasonable measures to establish the source of wealth/funds, and enhanced ongoing due diligence. UAF also requires periodic and systematic checks of customers and prospective customers against specified United Nations Security Council sanctions lists, with evidence of checks retained for at least three years. PEP status by itself does not mean that someone is subject to sanctions or that an application will automatically be refused.
Preparation recommendation
If this involves a current or former public official, an associate, or a possible name-similarity match, we recommend proactively preparing explanations of the position and term of office, the relationship, and evidence of the source of funds/wealth. If a name matches a list entry, provide verifiable date-of-birth, nationality, and identity documents, and respond through the bank’s channels; do not attempt to evade screening.
Scope
Chilean local regulations; the bank's screening tools, handling of matches and internal risk appetite are not public.

Source:Unidad de Análisis Financiero — Circular N° 62/2025

Tax Residency Self-Certification, CRS, and Transaction Consistency

Basis for Verification
The SII explains that Chilean financial institutions must conduct due diligence on financial accounts under CRS, identify reportable accounts and provide prescribed information to the SII, which is then exchanged under applicable arrangements. Tax residence and tax identification numbers in account-opening documents should be accurate. This does not establish Banco de Chile’s specific self-certification form, account classification or FATCA process. The UAF also requires transactions to be consistent with the customer’s declared purpose and business profile.
Preparation recommendation
It is advisable to list all tax residences and corresponding tax identification numbers in advance. Truthfully declare multiple tax residences, U.S. tax status or entity tax classification separately according to the bank's forms; do not conflate CRS and FATCA.
Scope
CRS local tax rules and general preparation recommendations; the bank’s specific forms and reporting determinations are not public.

Source:Unidad de Análisis Financiero — Circular N° 62/2025；Servicio de Impuestos Internos — Estándar de Intercambio Automático de Información Financiera

Ongoing maintenance obligations

Changes to customer information and beneficial ownership

UAF Circular 62 requires customer due diligence files to be updated at least annually or whenever a material change occurs; banks may conduct verification more frequently based on risk. Account holders should promptly inform the bank of changes to ownership/control, representatives, business activities, address or tax residence, and retain supporting documents. Banco de Chile’s customer self-service update channel, notification deadlines and fixed review cycle have not been published; confirm these with the bank.

Source:Unidad de Análisis Financiero — Circular N° 62/2025

Ongoing transaction monitoring and supplementary explanations

The regulations require obligated entities to continually assess whether transactions are consistent with the declared purpose, business activities, and risk profile. Inconsistent transactions may be treated as unusual and subject to further review. Customers should retain contracts, invoices, logistics/service-delivery records, and payment documents, and respond promptly to the bank’s inquiries about source of funds, counterparties, or unusual receipts and payments. This should not be understood as indicating a known fixed review frequency at this bank.

Source:Unidad de Análisis Financiero — Circular N° 62/2025

Bank regulatory record retention (not a fixed retention-period commitment to customers)

Circular 62 requires obligated entities to retain due diligence files for at least five years after the business relationship ends or the last occasional transaction, and to retain evidence of checks against prescribed United Nations sanctions lists for at least three years. These are record-retention requirements for regulated obligated entities; they are not account terms requiring customers to submit or retain records for the same periods. The bank’s own customer-file retention policy is not public.

Source:Unidad de Análisis Financiero — Circular N° 62/2025

Please confirm with the bank before booking

  1. Can an offshore-registered company, a foreign branch, or a non-resident individual apply for another business or personal account with Banco de Chile? If so, which legal entity accepts the application, and through what channel?
  2. Is FAN Emprende limited to Chilean-established businesses described on the page, with a single signatory and first-category tax activity? Can businesses with multiple signatories or foreign controllers apply for other products?
  3. For foreign documents, are apostille/consular legalization, Spanish translation or a specific issuance date required? Can electronically verified documents be used?
  4. How should the bank’s beneficial ownership declaration be completed? What supporting evidence is needed for persons holding less than 10% but exercising control, or for trusts or multi-layer foreign structures?
  5. Which CRS/tax-residency and FATCA forms must be submitted when opening an account? How can tax-residency, controller, and authorized signatory details be updated through a bank-approved channel?
  6. What are the applicable fees, review time, incoming-funds limits, subsequent information-review requirements, and appointment/in-person attendance requirements for this account?

Not confirmed by public information

  • No public confirmation has been found that Banco de Chile accepts applications for this account from foreign companies, foreign branches, or individuals without Chilean residency/ID. Local product conditions for FAN Emprende cannot be extrapolated.
  • The bank has not published rules for certifying or translating foreign company documents, requirements for originals/certified copies, document validity periods, or remote witnessing. Its UBO forms and high-risk review standards have also not been verified.
  • The bank must confirm on a case-by-case basis the account-change notification channel, review frequency, deadline for providing additional documents and processing time, as well as fees, minimum balances and limits for products other than FAN Emprende.

Sources & Scope of Verification

  1. Banco de Chile — Cuenta Vista Empresa FAN Emprende

    The bank’s official website explains the local legal-entity/individual categories eligible for FAN Emprende, signing requirements, publicly available documents, digital application, business assessment and product limits; it does not support any inference about the eligibility of foreign applicants.

  2. Banco de Chile — FAN Emprende corporate account opening documents and download method

    The bank’s help page lists, item by item, the company’s articles of association, proof of existence and certificate of recorded information, as well as Carpeta Tributaria and the representative’s E-RUT; it states that the three legal certificates must be downloaded on the day of application.

  3. Unidad de Análisis Financiero — Circular N° 62/2025

    The relevant provisions on pages 5 to 11 of the official PDF have been reviewed: customer due diligence information and ongoing monitoring; updates at least annually/upon material changes; enhanced due diligence based on risk; the definition of beneficial owners holding 10% or exercising effective control, and information on foreign entities; PEP measures; checks against United Nations lists; and retention periods. This is the Chilean statutory baseline, not an unpublished internal checklist of Banco de Chile.

  4. Servicio de Impuestos Internos — Estándar de Intercambio Automático de Información Financiera

    The SII explains CRS, due diligence procedures by Chilean financial institutions to identify reportable accounts, and the framework for reporting to and exchanging information with tax authorities; this does not establish Banco de Chile’s specific forms or tax determinations in individual cases.

Fees and timelines

The related pages verified did not confirm personal account opening fees, maintenance fees, review times, general account limits, or minimum deposits; no estimates are provided. The official FAN Emprende page lists the account opening and maintenance costs for this product as CLP 0 and a monthly incoming-payment limit of CLP 7,500,000. This information applies only to this business checking account; as shown on the page on the review date, 2026-10-26, it should not be extrapolated to other accounts.

Limitations and practical considerations

  • Public information does not confirm whether a non-resident individual holding only a foreign passport, with no Chilean residence permit or Chilean identity card, can open an account; obtain the bank’s written response first.
  • The publicly described corporate application route for FAN Emprende is limited to Chilean companies incorporated through Tu Empresa en un Día with a single signatory; this does not establish that foreign companies or companies with multiple signatories are eligible.
  • Business and personal products may both be subject to the bank’s commercial assessment and undisclosed risk policies. Finding the bank in a list of regulated banks does not mean a specific account has been approved or that an applicant is eligible to open one.
  • Products and application options listed on the official website do not mean Rengangyongsheng (Hong Kong) Limited can currently arrange appointments or handle applications, or has established an account-opening channel with the bank. Do not promise customers that this organization has an appointment channel with the bank.
  • Do not infer account-opening times, minimum deposits, cross-border witnessing, or fees from unverified information, and do not provide methods to evade AML, tax, or sanctions reviews.

Licensing evidence and regulatory verification

The CMF’s current regulated-bank directory, “Bancos Establecidos en Chile,” expressly lists BANCO DE CHILE, code SBIF 001. An entity-level directory record has therefore been verified, rather than merely a regulatory landing page. The directory page does not provide a separate licence number or authorization instrument, so this file does not claim to have verified a licence number or infer that any specific product is open to overseas applicants.

Chilean Financial Market Commission (Comisión para el Mercado Financiero, CMF) Official registration or record

Information sources

  1. The Banker — Top 1000 World Banks 2026

    Shows content published by The Banker relating to 2026 Top 1000 and Latin American rankings; this is provided only as background for selection and does not support an individual ranking, licence, or account-opening conclusion for Banco de Chile.

  2. Banco de Chile — Productos y Cuentas para Personas

    The bank says that its personal digital account can be opened online and that banking products are subject to prior assessment; the page does not provide a readable, complete list of personal eligibility requirements and documents.

  3. Banco de Chile — Centro de Ayuda Cuenta Corriente Digital

    The bank’s help page lists topics such as personal digital account opening requirements, income thresholds, and whether a branch visit is required, but the captured page text does not contain the answers. It therefore supports only the existence of questions requiring verification, not specific answers.

  4. Banco de Chile — Cuenta Vista para Empresas y Pymes FAN Emprende

    The bank describes the eligible business types for FAN Emprende, online application, company formation and signing conditions, product assessment, CLP 0 account opening/maintenance costs, and a monthly CLP 7,500,000 incoming-funds limit.

  5. Banco de Chile — Documentos para contratar Cuenta FAN Emprende para personas jurídicas

    The bank lists the articles of association, proof of existence, and recordation certificate required for a FAN Emprende legal entity, as well as the Carpeta Tributaria and the representative’s E-RUT, and explains how to download the company certificates.

  6. CMF Chile — Bancos establecidos en Chile, entidades fiscalizadas

    The current CMF directory of regulated banks lists BANCO DE CHILE among banks established in Chile and gives code SBIF 001; this is evidence of an entity listing, but the page does not provide a separate licence number.

  7. Unidad de Análisis Financiero — Preguntas frecuentes

    UAF’s official FAQs explain the obligations of entities within scope regarding customer due diligence, identification of ultimate beneficial owners and PEPs, suspicious transaction reports, and checks against relevant United Nations Security Council sanctions resolutions.

  8. Unidad de Análisis Financiero — Circular N° 62/2025

    Downloaded and extracted the official PDF text and reviewed it: it sets out customer due diligence, information on source of funds/wealth under enhanced risk measures, and the definition and identification of ultimate beneficial owners. Beneficial owners include natural persons holding at least 10% or exercising actual control.

  9. Servicio de Impuestos Internos — Rol Único Tributario

    The SII explains the scope of the RUT and certain circumstances in which non-resident foreign individuals and representatives apply for registration. It also explains that foreign individuals may use a foreigner identity card or valid passport, among other documents, for tax identification registration. This is not a bank account eligibility rule.

  10. Servicio de Impuestos Internos — Estándar de Intercambio Automático de Información Financiera

    The SII explains Chile’s CRS due diligence for financial institutions, identification of reportable accounts, information reporting mechanisms and arrangements for exchanging information with other jurisdictions.

  11. U.S. Internal Revenue Service — Foreign Account Tax Compliance Act FATCA

    The IRS explains that FATCA requirements for foreign financial institutions include reporting information on U.S. account holders; this supports distinguishing FATCA from CRS but does not establish the bank’s specific customer forms or implementation process.