Chile Flag

Chile

Please see below for a summary of payment terms in Chile and the various industries across which payment term legislation appears. You can also download a summary of all Chilean payment terms by clicking the button below.
Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

LAWS

The 30 Day Payment Law in Chile, which came into force from April 2020 for the private sector, sets a maximum term for all public and private contracts at 30 days unless both parties agree otherwise in writing.

  • Construction
  • Manufacturing
  • Retail_agriculture
Go to link

Ready to liberate your cash?

Discover the source of value in your supply chain

Contact our sales team