Find out in this post How to open an account in dollars at the Banco del Estado in Chile, what are the requirements that must be presented in order to obtain the account, as well as what are the benefits of having said account. Do not stop reading the post.
State bank dollar account
The accounts in dollars provided by the state bank for its clients who are legal entities, that is, companies, are of total importance since through them the various transactions in foreign currency are carried out, they can be used either to buy material premium, for the importation of products or also to make payment to suppliers that make it a condition that payment be in foreign currency.
The accounts in dollars of the Banco del Estado have certain characteristics that are important to mention and they are the following:
- State bank accounts in foreign currency can be opened in both dollars and euros.
- Dollar accounts are used to make payments to local suppliers that require their payments to be made in foreign currency.
- Those who have the option of having an account in dollars carry out currency arbitrage.
Requirements
At this point we are going to know each of the requirements that are requested in order to obtain a Bank of the State current account in dollars, and these requirements are as follows:
- The main requirement that is required is that the person who wants to open the account in dollars already has an account
- current with the banking institution with a seniority greater than 1 year respectively.
In order to obtain an account in dollars, you must have funds in this foreign currency, which will be deposits in it.
Benefits of a dollar account
To finish, we are going to know the benefits of being able to have an account in dollars:
- You have access to the Banco del Estado online platform, to be more specific, the bank's website and mobile application, which are open 24 hours a day, 365 days a year.
- Those who have an account in dollars can have great security controls in the banking systems, for this reason they can be sure that all the banking operations they carry out are fully supported.
- Manage returns paid as a result of your exports.
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