USDT → CLP

How to buy USDT in Chile: bank transfer from Santander, BancoEstado and others on P2P

Chilean peso ads are mostly paid by bank transfer, with Santander, BancoEstado, BCI, Banco de Chile and Banco Falabella the most common. A transfer usually needs the recipient's name, RUT, bank, account type and number; before you pay, check that the name and RUT match the advertiser's verified identity.

Watch out for third-party payments: if someone pays you with another person's money and that person later files a complaint, your account could be investigated or frozen. Trade only with people paying from their own accounts, keep the chat on Binance, and when you sell USDT, release only after the money has really arrived.

1. Complete Binance verification and have a Chilean bank account in the same name as your verified identity.
2. Choose Buy USDT with CLP, filter by your bank or bank transfer, and enter the amount.
3. Pick an ad with plenty of completed orders and a high completion rate.
4. Transfer to the name, RUT and account number shown in the order, check them, then mark the order paid.

For the full first-time walkthrough with screenshots, see how to buy USDT on Binance P2P.

Buying USDT with Chilean pesos: bank transfers, the Fintech Law and the dollar gap

In Chile, peer-to-peer USDT trades are paid almost entirely by bank transfer. The banks seen most often in peso ads on Binance P2P are Banco Santander, BancoEstado, BCI, Banco de Chile and Banco Falabella; many ads simply say a specific bank or a generic bank transfer, so read the ad terms to see which one before ordering. The wallets MACH and Tenpo show up mainly on ads where you sell USDT.

On 4 January 2023 Chile's official gazette published Law 21.521, known as the Fintech Law (Ley Fintec). It defines virtual financial assets, or crypto assets, as digital representations of value that can be transferred, stored or exchanged digitally. Firms that professionally provide services such as custody, intermediation, order routing or alternative trading systems must be entered in the Financial Market Commission's (CMF) Registry of Financial Service Providers and are supervised by the CMF. The law governs providers; it does not ban individuals from buying crypto.

Registration is not the same as authorization. In June 2026, after a money-laundering investigation involving a crypto platform, the CMF said publicly that being registered alone does not mean a firm is authorized, and many firms that kept operating under the transition were still waiting for their authorization review. If a platform says it is regulated by the CMF, check the CMF registry yourself.

On price, USDT in Chile usually tracks the dollar closely. Buying typically costs a little over one percent above the reference rate, and selling USDT also tends to fetch slightly more than the reference. The gap mostly reflects P2P sellers' spread and the cost of moving money between banks.