# Itaú Chile / itu (Cuenta corriente digital)

> Source: https://docs.barcoder.ai/docs/wallets/itau-chile
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Banco Itaú Chile — official](https://www.itau.cl/)

## Overview

**Itaú Chile (Banco Itaú Chile S.A.)** is **Itaú Unibanco's Chilean subsidiary post-Apr 2016 Itaú Corpbanca merger** <sup>[1][1], [2][2], [Chile report](https://docs.barcoder.ai/docs/payments/CL)</sup>. **2025 baseline**: Itaú Chile + **itu (Cuenta corriente digital) distinctive Chilean digital current account** + **Itaú Pass Empresas + Itaú Empresas Chile distinctive Chilean banking app suite**; Itaú Chile retail + private + corporate + SME + investment banking.

**Distinctive Itaú Chile positioning**:
- **Itaú Unibanco's Chilean subsidiary post-Apr 2016 Itaú Corpbanca merger** (Itaú Unibanco = Brazil's largest private bank by assets + Latin America's largest bank by market cap)
- **Apr 2016 Itaú + Corpbanca Chile merger → Itaú Corpbanca** ($14B+ combined assets at time; Latin America's largest cross-border banking merger at the time)
- **2022 Itaú Corpbanca renamed Itaú Chile** post-Itaú Unibanco brand consolidation
- **itu (Cuenta corriente digital) distinctive Chilean digital current account** (Itaú Chile distinctive Chilean digital banking innovation)
- **Itaú Pass Empresas + Itaú Empresas Chile distinctive Chilean banking app suite** (Itaú Chile business banking suite)
- **1871 Banco Concepción founding** (Corpbanca ultimate predecessor; one of Chile's oldest banks) + **1995 Corpbanca renaming**

## History

**1871 — Banco Concepción founded** in Chile (Corpbanca ultimate predecessor; one of Chile's oldest banks) → distinctive Chilean banking heritage.

**1995 — Banco Concepción renamed Corpbanca**.

**2007 — Itaú Chile founded** as Itaú Unibanco Chilean subsidiary.

**Apr 2016 — Itaú Chile + Corpbanca merger → Itaú Corpbanca** ($14B+ combined assets at time; Latin America's largest cross-border banking merger at the time) → distinctive Latin American banking consolidation.

**2013 — Itaú Chile mobile banking app launches**.

**2022 — Itaú Corpbanca renamed Itaú Chile** post-Itaú Unibanco brand consolidation.

**2025 — Itaú Chile + itu (Cuenta corriente digital) distinctive Chilean digital current account + Itaú Pass Empresas + Itaú Empresas Chile distinctive Chilean banking app suite** <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **Banco Itaú Chile S.A.** (Itaú Unibanco Chilean subsidiary).

**Parent**: **Itaú Unibanco Holding S.A.** (BVMF: ITUB4; NYSE: ITUB) — Brazil's largest private bank by assets + Latin America's largest bank by market cap.

**Regulator**: **CMF (Comisión para el Mercado Financiero)**.

## Technical integration

Itaú Chile mobile banking app (iOS + Android) + **itu (Cuenta corriente digital) distinctive Chilean digital current account** + **Itaú Pass Empresas + Itaú Empresas Chile** business banking app suite + itau.cl online + Itaú Chile cards (Visa + Mastercard) + Itaú Chile Chilean branch network; Chilean TEF + ACH; Itaú Chile retail + private + corporate + SME + investment banking.

## Users & growth

**2025**: Itaú Chile + itu (Cuenta corriente digital) distinctive Chilean digital current account + Itaú Pass Empresas + Itaú Empresas Chile distinctive Chilean banking app suite.

## Use cases

Chilean retail + private + corporate + SME + investment banking via Itaú Chile + itu + Itaú Pass Empresas + Itaú Empresas Chile + itau.cl online + cards + branches; Chilean TEF + ACH.

## Implementations & partners

**Operator**: Banco Itaú Chile S.A. (Itaú Unibanco Chilean subsidiary); **Itaú Unibanco Holding S.A. (BVMF: ITUB4; NYSE: ITUB) parent**.

**Itaú Unibanco Group sister entities**: [Itau Unibanco](https://docs.barcoder.ai/docs/wallets/banco-itau) (Brazil parent; BVMF: ITUB4) + Itaú Argentina + Itaú Paraguay + Itaú Uruguay + Itaú Colombia + Itaú USA + Itaú Switzerland + Itaú Asset Management + Itaú BBA (investment banking).

**Major Chilean banking competitors**: [BCI (Banco de Crédito e Inversiones)](https://docs.barcoder.ai/docs/wallets/bci-chile) (Chile #1 by assets per some rankings + Yrarrázaval family + MACH 4.3M + City National Bank Florida) + [Banco de Chile](https://docs.barcoder.ai/docs/wallets/banco-de-chile) (Chile's 4 largest banks + Citi 33.4% + Mi Pago Cardless distinctive Chilean payment innovation) + [Santander Chile](https://docs.barcoder.ai/docs/wallets/santander-chile) (Chile #2 + Santander Group Chilean subsidiary; 4M+ customers) + [BancoEstado](https://docs.barcoder.ai/docs/wallets/banco-estado-chile) (Chile #3 state-controlled; CuentaRUT distinctive Chilean basic account for unbanked) + [Scotiabank Chile](https://docs.barcoder.ai/docs/wallets/scotia-cl) (post-2018 BBVA Chile $2.2B acquisition).

**Regulator**: CMF.

## Fun facts

- **Itaú Unibanco's Chilean subsidiary post-Apr 2016 Itaú Corpbanca merger** (Itaú Unibanco = Brazil's largest private bank by assets + Latin America's largest bank by market cap).
- **Apr 2016 Itaú + Corpbanca Chile merger → Itaú Corpbanca** ($14B+ combined assets at time; Latin America's largest cross-border banking merger at the time).
- **2022 Itaú Corpbanca renamed Itaú Chile** post-Itaú Unibanco brand consolidation.
- **itu (Cuenta corriente digital) distinctive Chilean digital current account** (Itaú Chile distinctive Chilean digital banking innovation).
- **Itaú Pass Empresas + Itaú Empresas Chile distinctive Chilean banking app suite** (Itaú Chile business banking suite).
- **1871 Banco Concepción founding** (Corpbanca ultimate predecessor; one of Chile's oldest banks) + **1995 Corpbanca renaming**.

## Comparison

| Feature | Itaú Chile / itu | [BCI (Banco de Crédito e Inversiones)](https://docs.barcoder.ai/docs/wallets/bci-chile) (Chile #1 by assets per some rankings rival; Yrarrázaval family + MACH 4.3M + City National Bank Florida) | [Banco de Chile](https://docs.barcoder.ai/docs/wallets/banco-de-chile) (Chile's 4 largest banks + Citi 33.4% + Mi Pago Cardless distinctive Chilean payment innovation rival) | [Santander Chile](https://docs.barcoder.ai/docs/wallets/santander-chile) (Chile #2 + Santander Group Chilean subsidiary; 4M+ customers rival) | [BancoEstado](https://docs.barcoder.ai/docs/wallets/banco-estado-chile) (Chile #3 state-controlled rival; CuentaRUT distinctive Chilean basic account for unbanked) |
|---|---|---|---|---|---|
| Operator | **Banco Itaú Chile S.A. (Itaú Unibanco Chilean subsidiary; Itaú Unibanco Holding S.A. parent BVMF: ITUB4)** | Banco de Crédito e Inversiones S.A. (SSE: BCI) | Banco de Chile (NYSE: BCH; SSE: CHILE) | Banco Santander Chile S.A. (NYSE: BSAC) | Banco del Estado de Chile (Chilean state) |
| Type | **Itaú Unibanco's Chilean subsidiary post-Apr 2016 Itaú Corpbanca merger + itu (Cuenta corriente digital) distinctive Chilean digital current account + Itaú Pass Empresas + Itaú Empresas Chile distinctive Chilean banking app suite** | Chile #1 by assets per some rankings + Yrarrázaval family-controlled BCI Group + 2015 City National Bank Florida $882M acquisition + MACH 4.3M+ active users early 2025 | Chile's 4 largest banks by assets + 2M+ customers + 93%+ online/digital + Citi 33.4% strategic alliance + LQ Inversiones (Quiñenco/Luksic) controlling + Mi Pago Cardless distinctive Chilean payment innovation | Chile #2 + Santander Group Chilean subsidiary + 4M+ customers | Chile #3 state-controlled + CuentaRUT distinctive Chilean basic account + Chilean unbanked banking |
| Country | CL | CL + US + 7+ countries | CL | CL | CL |
| Distinctive | **1871 Banco Concepción founding (Corpbanca ultimate predecessor; one of Chile's oldest banks); 1995 Corpbanca renaming; 2007 Itaú Chile founding; Apr 2016 Itaú + Corpbanca merger → Itaú Corpbanca ($14B+ combined assets; Latin America's largest cross-border banking merger at the time); 2013 mobile app launch; 2022 Itaú Corpbanca renamed Itaú Chile post-Itaú Unibanco brand consolidation** | Jun 10 1937 BCI founding by Yrarrázaval family; Oct 2015 City National Bank Florida $882M acquisition; 2017 MACH BCI Chilean challenger bank digital subsidiary launch | 1893 Banco de Chile founding; 2007 Citi 33.4% strategic alliance; 2008 LQ Inversiones (Quiñenco/Luksic) controlling shareholder consolidation | Santander Group Chilean subsidiary; Getnet Chile merchant acquiring | 1953 Chilean state-controlled bank founding; CuentaRUT distinctive Chilean basic account for unbanked |

## Status

**Active, Itaú Unibanco's Chilean subsidiary post-Apr 2016 Itaú Corpbanca merger** <sup>[1][1], [2][2]</sup>:
- **Banco Itaú Chile S.A. (Itaú Unibanco Chilean subsidiary; Itaú Unibanco Holding S.A. parent BVMF: ITUB4)** since 1871 Banco Concepción founding (Corpbanca ultimate predecessor) + 1995 Corpbanca renaming + 2007 Itaú Chile founding + Apr 2016 Itaú + Corpbanca merger → Itaú Corpbanca + 2022 Itaú Corpbanca renamed Itaú Chile.
- **itu (Cuenta corriente digital) + Itaú Pass Empresas + Itaú Empresas Chile distinctive Chilean banking app suite**.
- **CMF regulated**.

## Sources

[1]: https://www.itau.cl/personas/app-itau "Descarga tu APP Itaú — Banco Itaú Chile"
[2]: https://www.itau.cl/empresas "Banco Itaú Chile — Soluciones Financieras para tu Empresa"
[cl-cro]: https://docs.barcoder.ai/docs/payments/CL

- [1] [Descarga tu APP Itaú — Banco Itaú Chile][1]
- [2] [Banco Itaú Chile — Soluciones Financieras para tu Empresa][2]
- <sup>[Chile report](https://docs.barcoder.ai/docs/payments/CL)</sup> In-corpus: `reports/countries/CL-chile.md`

## Source

Biography extracted from [itau-chile.md](https://docs.barcoder.ai/source/wallets/itau-chile). See `matrix.md` for standards-support matrix if present.