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Montevideo Digital Bank · Business Banking · Uruguay

Best Business Banking in Montevideo

Compare business banking providers available to Montevideo, Uruguay residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Uruguay. Confirm the terms directly with each provider before opening an account.

Featured Business Banking Providers

Updated October 2026

Up to three eligible picks for Montevideo, ranked from our verified partner directory for Uruguay. Availability in Uruguay and eligibility criteria are set by each provider.

Top Pick

Ramp

4.7

Top Business Banking Provider

Ramp offers reliable business banking services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Uruguay and eligibility criteria are determined by the provider. Check terms before applying.

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Wise Business

4.7

Wise Business offers reliable business banking services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Uruguay and eligibility criteria are determined by the provider. Check terms before applying.

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Revolut Business

4.7

Revolut Business offers reliable business banking services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Uruguay and eligibility criteria are determined by the provider. Check terms before applying.

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How we pick: providers shown here come from our verified affiliate directory filtered by availability in Latin America and Uruguay, competitive fees, multi-currency support, and user ratings. Rankings may include affiliate partners — see the disclosure below.

Local guide

Business Banking in Montevideo: what to know

Business banking in Montevideo, Uruguay covers company accounts, payment cards for staff, invoicing and paying suppliers abroad. Freelancers, startups and exporters in Montevideo often use a digital business account alongside a local bank.

Currency in Uruguay
UYU · Uruguayan peso
Local accounts in Uruguay
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.
Payments in Uruguay
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.

Before you sign up in Montevideo

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. Ask what company documents the provider needs for a business registered in Uruguay.

Sources: Banco Central del Uruguay · BCU: sistema de pagos · IBAN registry: Uruguay (no IBAN entry)

All Business Banking Providers in Montevideo

22 providers to compare, including the three featured above.

  • #4

    Qonto

    4.7

    Qonto offers reliable business banking services with competitive rates and global coverage.

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  • #5

    Airwallex

    4.7

    Airwallex is a leading global payments and financial platform for modern businesses, offering trusted solutions to manage everything from business account, payments, treasury, and spend management to embedded finance.

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  • #6

    Holvi

    4.7

    Holvi offers reliable business banking services with competitive rates and global coverage.

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  • #7

    WorldFirst

    Global payments for small businesses — 70+ currencies, no account fees

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  • #8

    Globe Digital Bank

    WorldFirst-powered multi-currency accounts and transfers across 2,500+ cities and 200+ countries.

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  • #9

    Currency Solutions

    Expert FX transfers for individuals and businesses

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  • #10

    Narvi

    EU business banking done better — Finnish IBAN, SEPA Instant & global transfers

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  • #11

    Wallester

    Virtual and physical corporate cards for business spending

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  • #12

    Payoneer

    Get paid globally. Pay suppliers. Grow your business.

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  • #13

    Airwallex Business Card

    Up to 2% cashback on every business purchase — physical & virtual Visa

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  • #14

    Silver Gold Bull

    Buy gold and silver bullion online — best price guaranteed

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  • #15

    Discover Hidden Money

    Recover up to 72% of lost subscription revenue — on autopilot.

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  • #16

    IG

    The world's No.1 CFD and spread betting provider

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  • #17

    Saxo Bank

    Premium multi-asset trading for serious investors

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  • #18

    AvaTrade Futures

    Trade commodity & index futures with a globally regulated broker

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  • #19

    Papaya Global

    Global payroll and employer of record

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  • #20

    FreshBooks

    Invoicing and accounting for small businesses

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  • #21

    Joiin

    Smarter financial reporting and consolidation for multi-entity businesses

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  • #22

    Dext

    Automate bookkeeping from receipts and invoices

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More Financial Services in Montevideo

Explore other banking categories available in Montevideo

Business Banking in Other Cities

Compare business banking providers across Latin America

Frequently Asked Questions

Common questions about business banking in Montevideo

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Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.