State Bank is widely recognized for its most widely used financial product in Chile: the Cuenta RUT, which provides multiple benefits to more than 14 million people in the country. This service, which covers a vast sector of the population, also considers the needs of senior citizens. For this reason, the entity offers an additional benefit free of charge for those over 65 years of age.
This special benefit consists of free transfers of the first three monthly transfers to other banks, provided that the RUT Account holder is over 65 years old. This is an advantage worth highlighting, as it allows older adults carry out these transactions without worrying about the associated costs, both on the website and in the BancoEstado app.
From the fourth transfer made to accounts of other banks from the RUT Account of State Bankthe corresponding commission will begin to apply, according to the current fee schedule of the entity. This means that, after the first three free operations, each additional transaction will have an associated cost.
According to official information from State BankThe fee for transferring money from the RUT Account to other financial institutions is $300 per transaction. However, transfers to accounts within the same Banco Estado remain free of charge, which continues to be a plus for users.
In addition to transfers, the tariff of State Bank It also includes costs associated with other operations, such as ATM withdrawals, balance inquiries, card replacement in case of loss, theft or robbery, and the request for a duplicate card.