Canonical: https://unicorncurrencies.com/industries/jewelry-precious-metals/chile/

# Intelligence: Jewelry & Precious Metals in Chile

## Industry Context

- **Payment pressure:** High-value shipments requiring insurance; Gold price volatility compounds FX risk

- **Operational control:** Enhanced security payments; 0.5% spread on high-value transfers

## Country Context

- **Use case:** Pay Chilean suppliers for copper, wine, fruit, salmon, lithium

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **RUT + Bank Code + Account** (RUT (tax ID), bank code, and account number)

- **Regulatory:** Banco Central de Chile regulations; Servicio Nacional de Aduanas documentation

## Key Industries in Country

- Mining

- Agriculture

- Wine

- Salmon

- Lithium