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Montevideo, Uruguay

Montevideo Digital Bank β€” Compare Providers in Montevideo

Compare digital bank accounts, business banking, international money transfers, currency exchange and investing services available to residents of Montevideo.

Montevideo Digital Bank (montevideodigitalbank.com) is now part of Digital Bank Networks. Old montevideodigitalbank.com links land here.

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These are partner links and we may earn a commission. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Crypto-related products are volatile and can lose value. Confirm current terms directly with each provider.

Local banking essentials

What to check before opening an account in Montevideo

Regulation

Banks and financial intermediaries must be authorised by the Banco Central del Uruguay under the financial intermediation law, and e-money issuers and payment service providers are registered and supervised by the BCU. Check the BCU's registry of supervised entities before holding funds with a provider.

Check Banco Central del Uruguay (BCU)(opens in a new tab)

Local account details

Uruguay has no IBAN registry entry: account numbers are bank-specific (with the receiving bank identified by its own code), so domestic transfers are keyed to the beneficiary's bank and account number and international transfers to the bank's SWIFT/BIC.

Local currency: UYU (Uruguayan peso)

Payments and transfers

Large-value payments settle through the BCU's real-time gross settlement system and retail transfers clear through the local clearing arrangements (ACH Uruguay), which have been rolling out instant interbank transfers; Uruguay is consistently among Latin America's most digitised banking markets, with very high account ownership, widespread bank-app payments and QR-code acceptance at merchants.

Digital banking directory for Montevideo

Our original directory of financial services, listed category by category in editorial order. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Confirm details directly with the provider.

Digital Bank Accounts

Digital Bank Accounts in Montevideo

Business Banking and Payments

Business Banking and Payments in Montevideo

Currency Exchange

Currency Exchange in Montevideo

International Money Transfers

International Money Transfers in Montevideo

Cryptocurrency Accounts and Digital Assets

Cryptocurrency Accounts and Digital Assets in Montevideo

Investment and Trading

Investment and Trading in Montevideo

Personal Finance and Lending

Personal Finance and Lending in Montevideo

Banking Technology

Banking Technology in Montevideo

Real Estate and Mortgage

Insurance

Insurance in Montevideo

Payroll and HR Software

Global Credit Cards

Global Credit Cards in Montevideo

Disclosure

Digital Bank Networks is a financial comparison platform, not a bank. We may receive compensation when users click links or open accounts with our partners. This never affects which providers we list or how we describe them. All services are provided by licensed financial institutions; availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction.