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Montevideo Digital Bank · Money Transfers · Uruguay

Best Money Transfers in Montevideo

Compare money transfers 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 Money Transfers 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

Remitly

Fast, affordable remittances for immigrants worldwide

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

    View provider

    WorldRemit

    Send money to 130+ countries — fast, low-fee international transfers

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

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      CurrencyTransfer

      Better rates are only the beginning — personal & business FX

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

        View provider

        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

        Money Transfers in Montevideo: what to know

        Money transfer services let people in Montevideo, Uruguay send money abroad or receive it in UYU (Uruguayan peso). The real cost is the fee plus the gap between the provider's exchange rate and the mid-market rate, so compare both.

        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

        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.

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

        All Money Transfers Providers in Montevideo

        8 providers to compare, including the three featured above.

        • #4

          Globe Digital Bank

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

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        • #5

          Currencies Direct

          Award-winning FX specialist since 1996

          View provider
        • #6

          Western Union

          Send money worldwide — fast, reliable, trusted

          View provider
        • #7

          Instarem

          Smart money transfers with real rewards

          View provider
        • #8

          Skrill

          Digital wallet for online payments, money transfers and crypto.

          View provider

        More Financial Services in Montevideo

        Explore other banking categories available in Montevideo

        Money Transfers in Other Cities

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        Frequently Asked Questions

        Common questions about money transfers in Montevideo

        Ready to Choose Your Money Provider?

        Compare the featured money transfers providers for Montevideo and open your account online.

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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.