# Santander Chile

> Source: https://docs.barcoder.ai/docs/wallets/santander-chile
> research date 2026-05-31 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Santander Chile — official](https://banco.santander.cl/)

## Key details

- **Parent:** assets

## Overview

**Santander Chile** is **BCS: BSAN + NYSE: BSAC** + **Banco Santander Spain Chilean subsidiary** + **Chile's largest private commercial bank by assets** + **~3.5M+ Chilean customers** <sup>[1][1], [Chile report](https://docs.barcoder.ai/docs/payments/CL)</sup>.

## History

**1978 — Banco Santander Spain acquires Banco de Santiago Chilean operations**.

**2002 — Banco Santander Chile + Banco Santiago merger forms today's Banco Santander Chile** distinctive Chilean banking consolidation.

**2010 — Santander Chile mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Banco Santander Chile** (Chilean commercial bank; Banco Santander Spain subsidiary).

**Major shareholders**: **Banco Santander Spain (BME: SAN + NYSE: SAN; Spanish global banking group; ~165M+ customers globally) ~67% controlling + Chilean retail + institutional + foreign investors free float**.

**Regulators**: **CMF Chile + BCCh**.

## Technical integration

Santander Chile mobile app (iOS + Android; ~3.5M+ Chilean customers) + banco.santander.cl online + Santander Chile branch network across Chile + Santander Chile Visa + Mastercard cards; CL IBAN + TEF CL (Transferencia Electrónica de Fondos Chilean payment system).

## Implementations & partners

**Banco Santander parent**: [Banco Santander (Spain parent)](https://docs.barcoder.ai/docs/wallets/santander-spain) (Banco Santander Spain; BME: SAN + NYSE: SAN; Spanish global banking group).

**Major Chilean banking + payments competitors**: [Banco de Chile](https://docs.barcoder.ai/docs/wallets/banco-de-chile) (Banco de Chile; BCS: CHILE + NYSE: BCH; Chile's #2 commercial bank by assets; Quiñenco + Citigroup major shareholders) + [BancoEstado](https://docs.barcoder.ai/docs/wallets/banco-estado-chile) (BancoEstado; Chilean federal government fully owned; Chile's largest state-owned commercial bank by branches) + [BCI (Banco de Crédito e Inversiones)](https://docs.barcoder.ai/docs/wallets/bci-chile) (BCI Banco de Crédito e Inversiones; BCS: BCI; one of Chile's largest commercial banks) + [Scotiabank Chile](https://docs.barcoder.ai/docs/wallets/scotia-cl) (Scotiabank Chile; Scotiabank Canadian parent subsidiary) + [Itaú Chile / itu (Cuenta corriente digital)](https://docs.barcoder.ai/docs/wallets/itau-chile) (Itaú Chile; Itaú Unibanco Brazilian parent Chilean subsidiary) + BBVA Chile (BBVA Chile; BBVA Spain Chilean subsidiary) + [Banco Falabella](https://docs.barcoder.ai/docs/wallets/banco-falabella) (Banco Falabella; Falabella Chilean retail conglomerate banking subsidiary) + [MACH](https://docs.barcoder.ai/docs/standards/mach) (MACH; Banco BCI Chilean digital wallet) + Mercado Pago Chile (Mercado Pago Chile; MercadoLibre group; Chilean operations).

**Regulators**: CMF Chile + BCCh.

## Status

**Active, BCS:BSAN + NYSE:BSAC + Banco Santander Spain Chilean subsidiary + Chile's largest private commercial bank by assets + ~3.5M+ Chilean customers** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://banco.santander.cl/ "Santander Chile — official"
[2]: https://en.wikipedia.org/wiki/Banco_Santander_Chile "Santander Chile — Wikipedia"
[cl-cro]: https://docs.barcoder.ai/docs/payments/CL

- [1] [Santander Chile — official][1]
- [2] [Santander Chile — Wikipedia][2]
- <sup>[Chile report](https://docs.barcoder.ai/docs/payments/CL)</sup> In-corpus: `reports/countries/CL-chile.md`

## Source

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