Printed 'Banco de Credito e Inversiones, Santiago (Chile)' registered airmail cover franked with 1944 pair 10p claret and 20p brown olive 'International' AIR issue (SG 365 & 366) tied by SANTIAGO cds's dated 18 OCT 1954 with printed black on white 'R 24848 Banco de Cred. e Inversiones' registration label alongside. Addressed to GERMANY with arrival mark on reverse.