Fallos Channel (Spanish: Canal Fallos) is a waterway in the Aisen Region of Chile that runs north of Ladrillero Channel between the Little Wellington Island and Prat Island at the east and Campana Island at the west. It forms with the Ladrillero and Picton Channel an optional route to the Messier Channel--Wide Channel. It has several arms or fiords. It joins the and the , which are at this latitude the borderline between the Aisen Region and the Magallanes Region. The United States Hydrographic Office, South America Pilot (1916) states: