Banks are open to public from Monday through Friday from 9am to 2pm, and are closed on Saturday and Sunday.
Peso Bank (CLP) notes are for 500; 1,000; 2,000; 5,000; 10,000 and 20,000. It is often difficult to change the latter two, especially in small villages. The government does not regulate the market of foreign currency in Chile making it possible to exchange money at any established “Casa de Cambio” at market driven exchange rates. They are common in the downtown areas and Providencia district as well as shopping centers in Santiago, and in the Santiago airport. NOTE: Visitors should avoid black market exchange rates.
Most major credit cards are accepted. Travelers’ checks are least widely accepted and fetch the lowest exchange rates. The simplest and most efficient way to carry and change money is with a debit or ATM card. These ATM machines normally give better rates than banks or money changers, and charge no commission. Credit cards are fairly widely accepted. All major cities and many smaller towns with a significant tourist economy have one or more ATMs. Some banks, however, charge rather exorbitant fees for international withdrawals, and per-day withdrawal limits are usually around US$300. Chilean banks limit withdawals to 200,000 Chilean Pesos.