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How to Receive Stripe Payouts in Chile Without a U.S. Entity

How to Receive Stripe Payouts in Chile Without a U.S. Bank Account → Compare using Wise Business vs. Payoneer vs. Global66.

If you’re a Chile-based business receiving payments from Stripe (or other U.S.-based platforms), you may face hurdles when trying to move funds into local pesos, especially if you don’t have a U.S. entity. Here’s a deep dive into how to solve it using four top solutions.


1. Wise Business

✅ Local USD receiving + conversion to CLP

  • Get a U.S. routing number and account via Wise (with a one-time setup fee) (wise.com)
  • Stripe can send payouts directly via ACH to this account
  • Wise converts USD to CLP at near–mid-market FX, typically within 1 business day (wise.com)
  • Add CLP balance and withdraw to Chilean bank account
  • Fees: no receipt fee (ACH is free), conversion fee ranges (generally lower than traditional banks)

Drawbacks

  • Must verify for USD account
  • Settlement isn’t instant, often 1–2 days
  • Not suitable for large amounts, and most users complain of their accounts being blocked at random.
  • Not crypto friendly

2. Payoneer

✅ Multi-currency receiving + local CLP withdrawal

  • Request a USD receiving account via Payoneer
  • Stripe payouts land here; you can send withdrawals to your CLP bank account (payoneer.com, wise.com, payoneer.com)
  • Payoneer charges 2–3 % FX margin + withdrawal fees (payoneer.com)
  • Supports mass payouts and prepaid Mastercard access for spending
  • Fees: variable depending on currency flows

Drawbacks

  • Higher FX spread compared to Wise
  • Local Chilean withdrawal times up to 2 business days
  • Can only receive payments from business accounts, and the account sending must not be in your name
  • Not crypto friendly

3. Global66

✅ Latin America–centric FX provider

  • A Chilean-founded fintech offering USD collection and conversion
  • Accepts small-median US transfers, offers CLP liquidity within 1 business day
  • Charges a FX spread markup over mid-market
  • Ideal for low-value, frequent transfers to Chile

Drawbacks

  • Less suited for high-volume business payouts
  • Primarily for individual or SME use
  • No API functionality
  • Not crypto friendly

4. Yativo

✅ Helps LATAM Companies Handle Cross-Border Payments

  • Create a USD Bank Account for your business using Yativo and use it to receive payments from Stripe
  • Optional conversion to CLP (or USDC) with real-time FX
  • Instant Payout to ALL Chilean bank (CuentaRUT, CuentaCorriente, Banco de Chile, etc) instantly via API or dashboard
  • Issue per-invoice named USD Bank accounts for automated reconciliation
  • Fees: Based on volume
  • Developer-friendly: full REST API, webhooks, and metadata support for transaction-level matching

Why It Outperforms Others

  • Create multiple bank account numbers for each invoice
  • Lightning-fast settlement via local rails
  • Transparent FX rates
  • All-in-one flow: “USD-in → CLP-out”

Feature Comparison

FeatureWise BusinessPayoneerGlobal66Yativo
USD Receiving Account✔️✔️✔️✔️
FX Spread~0.3–1%~2–3%~1–2%Transparent real-time
Withdraw to CLP1–2 days1–2 days~1 dayInstant via API
Per-payment unique Account✅ Create as many accounts as you need
API/AutomationBasicLimitedNone✅ Full REST + webhooks
FeesLowModerateMixedLow
Best ForSMEs, freelancersMarketplaces / freelancersPersonal/small bizBusinesses of all sizes

Final Recommendations

  • Use Wise if you just need low-cost conversion with moderate reconciliation needs.
  • Use Payoneer if you only receive from businesses and can wait 2-3 days to get settled.
  • Use Global66 for lower-value, non-business flows into CLP.
  • Use Yativo if you collect frequent business payments from the US to your Chilean Bank, especially if they are large payments.

Wrapping Up

If you don’t have a U.S. entity but receive USD from Stripe:

  • Wise and Payoneer are solid, but fall short on per-payment tracking.
  • Global66 helps with small transfers, but lacks business features.
  • Yativo offers a purpose-built, developer-first solution with unique CLABEs to simplify USD collection and CLP payouts—perfect for SaaS, marketplaces, and any platform needing clear, automated reconciliation.

👉 Learn more about Yativo’s Virtual Account flows
👉 Contact Yativo Sales to see a live demo