SWIFT Code ITAUCLRM — BANCO ITAU CHILE, SANTIAGO

About SWIFT Code ITAUCLRM — BANCO ITAU CHILE, SANTIAGO

SWIFT code ITAUCLRM is the official 8-character head-office BIC (Bank Identifier Code) for BANCO ITAU CHILE in SANTIAGO, Chile. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANCO ITAU CHILE for all outward international remittances from SANTIAGO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ITAUCLRM

The code ITAUCLRM follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ITAUCLRM

Receiving International Wire Transfers

To receive money from abroad at your BANCO ITAU CHILE account in SANTIAGO, share SWIFT code ITAUCLRM with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANCO ITAU CHILE, SANTIAGO must provide SWIFT code ITAUCLRM. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANCO ITAU CHILE in SANTIAGO rely on SWIFT code ITAUCLRM for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCO ITAU CHILE →

For cheque clearing or NACH mandates, use the MICR code for BANCO ITAU CHILE →

For TDS challan deposits, find the BSR code for BANCO ITAU CHILE →

How SWIFT Code ITAUCLRM Routes an International Transfer

1. Initiation: The sender provides SWIFT code ITAUCLRM and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANCO ITAU CHILE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO ITAU CHILE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ITAUCLRM

• Spaces or lowercase letters — Always enter ITAUCLRM uppercase with no spaces.
• Using the wrong city — This code is for SANTIAGO only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Chile.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ITAUCLRM directly with BANCO ITAU CHILE's SANTIAGO branch or via the SWIFT BIC Directory.