Deposit and withdrawal methods
These are the payment methods available in Chile to deposit and withdraw at SQM Financerra. None carries a fee from us, and the times shown are the usual ones: they can vary with your bank, the payment provider or a pending verification.
- Platform fee: free
- From instant to 1 to 5 business days
- Withdrawals to the same payment method, in your name
Withdrawal methods
For safety, a withdrawal goes back to the same method you deposited with, as long as that method allows it and it is in your name.
| Payment method | Type | Fee | Processing time | Description |
|---|---|---|---|---|
| Bank transfer | Transfer to a Chilean bank account | Free | 1-3 business days | Withdrawal to a current, savings or RUT account in your name at a Chilean bank. Once the request is approved, the time depends on your bank and on the hour it is sent. |
| Visa | Debit or credit card | Free | 1-5 business days | If you deposited with a Visa card, the withdrawal can return to the same card when your bank supports it. The final credit depends on the card issuer. |
| Mastercard | Debit or credit card | Free | 1-5 business days | If the deposit was made with a Mastercard, the withdrawal can usually be returned to it. Time depends on the issuing bank and the payment operator. |
| Mercado Pago | Digital wallet | Free | Within 24 hours | If you deposited with Mercado Pago, you can withdraw to the same account. After approval the funds are usually available the same day, and from there you can transfer them to your bank. |
| PayPal | Digital wallet | Free | Within 24 hours | If you deposited with PayPal, the withdrawal goes to the same account. Once approved, the money normally becomes available in your PayPal balance within 24 hours. |
Deposit methods
Pick the one that is most convenient. Every method credits your balance so your personal manager can help you set it up.
| Payment method | Type | Fee | Processing time | Description |
|---|---|---|---|---|
| Bank transfer | Transfer from a Chilean account | Free | 1-3 business days | Transfer from an account in your name with the reference code the platform gives you. It is credited when the bank confirms the payment. |
| Khipu | Instant bank-transfer payment | Free | Instant | Khipu lets you pay by transfer from your bank without entering card details. You confirm in your bank's app or site and the balance is credited straight away. |
| Webpay (Transbank) | Debit or credit card | Free | Instant | You pay with Chilean cards through Webpay. Your bank may ask for extra authentication and, once approved, the deposit shows up immediately. |
| Visa | Debit or credit card | Free | Instant | Lets you deposit with your Visa card. In some cases your bank asks for an additional check through Visa Secure. |
| Mastercard | Debit or credit card | Free | Instant | Lets you deposit with your Mastercard. Extra authentication through Mastercard Identity Check may be requested, after which the amount is credited at once. |
| Apple Pay | Mobile wallet | Free | Instant | You deposit with compatible Apple devices such as iPhone and iPad. The payment is confirmed with Face ID, Touch ID or the device passcode. |
| Google Pay | Mobile wallet | Free | Instant | You deposit from compatible Android devices. After you authenticate, the payment is processed and the balance is credited without delay. |
| Mercado Pago | Digital wallet | Free | Instant | You pay with your account balance or the cards linked to Mercado Pago. Once the payment is confirmed, the deposit shows up straight away. |
Timelines are usual ones and not a guarantee. Public holidays and weekends can add days to bank transfers.
Before you move money
Three simple rules prevent most payment problems.
- Always in your namePayments must leave from and return to accounts or cards that you own. If the name does not match, the withdrawal is held until it is clarified.
- With a verified accountWithdrawals require your identity to be verified. Doing it before you deposit shortens the timelines.
- Confirm on the official siteDo not transfer to accounts sent to you in messages. Payment details appear only inside your dashboard.