{"id":22031,"date":"2026-01-29T19:55:12","date_gmt":"2026-01-29T19:55:12","guid":{"rendered":"https:\/\/globaltax.com.uy\/open-a-bank-account-in-uruguay\/"},"modified":"2026-03-30T15:35:57","modified_gmt":"2026-03-30T15:35:57","slug":"open-a-bank-account-in-uruguay","status":"publish","type":"post","link":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/","title":{"rendered":"Open a bank account in Uruguay"},"content":{"rendered":"<p>Initiating the process of opening a bank account in Uruguay is a simple and reliable process. At Vivir en Uruguay, we offer several bank account options for both companies and individuals. We are a reference in tax, legal and accounting matters.<\/p>\n<p style=\"text-align: center;\"><a class=\"maxbutton-1 maxbutton maxbutton-contacto\" target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/wa.link\/7nkfn8\"><span class='mb-text'>Cont\u00e1ctanos para m\u00e1s informaci\u00f3n<\/span><\/a><\/p>\n<h2>Benefits of opening a bank account in Uruguay:<\/h2>\n<ul>\n<li>Uruguay&#8217;s banking system is highly recognized in Latin America and offers significant benefits in terms of tax advantages and legal certainty, providing great flexibility in the management of corporate assets.<\/li>\n<li>Possibility of opening accounts in the name of both individuals and legal entities.<\/li>\n<li>Availability of accounts in several currencies (US dollars, Uruguayan pesos, Euros).<\/li>\n<li>Facilitated remote opening process.<\/li>\n<li>Acceptance of foreign companies from any jurisdiction.<\/li>\n<li>No restrictions for foreigners without residence in Uruguay.<\/li>\n<\/ul>\n<h2>Types of accounts available:<\/h2>\n<ul>\n<li>Investment accounts for companies (including those with nominative or bearer shares).<\/li>\n<li>Current accounts for companies (with nominative or bearer shares).<\/li>\n<li>Investment accounts for individuals.<\/li>\n<li>Checking accounts for individuals.<\/li>\n<li>Savings banks for individuals.<\/li>\n<\/ul>\n<h2>Is it possible to open a bank account in Uruguay for Argentine citizens?<\/h2>\n<p>The answer is yes. Argentines can open bank accounts in Uruguay, even if they are not residents.<\/p>\n<p>It is worth mentioning that both Argentina and Uruguay are members of Mercosur, which facilitates mobility, work and residence between member countries.<\/p>\n<p>Generally, Argentine citizens can only access non-resident accounts. To obtain a resident account, it is necessary to meet certain requirements, such as obtaining Mercosur legal residence, having a permanent residence permit in Uruguay or being considered a Uruguayan tax resident.  <strong>This involves:<\/strong><\/p>\n<ul>\n<li>Staying more than 183 days a year in Uruguay.<\/li>\n<li>To have the center of economic or vital activities in Uruguay.<\/li>\n<li>Make investments in properties or businesses in the country.<\/li>\n<\/ul>\n<h2>Is it possible to open an account in Uruguay from Argentina?<\/h2>\n<p>Yes, but it can be costly and complicated with traditional banks. For example, Santander Uruguay offers an account for non-residents that can be opened 100% online, but requires a minimum balance of US$50,000.<br \/>\nMost banks do not offer this option, so the intervention of a tax advisor is usually required. This implies additional costs and the need to send documentation by mail.<\/p>\n<h2>Requirements to open an account in a traditional bank in Uruguay:<\/h2>\n<ul>\n<li>Present valid identification, such as ID card, passport, driver&#8217;s license or Mercosur card.<\/li>\n<li>Provide proof of address, such as utility bills (water, gas, electricity, landline phone) or tax payment receipts, which must be no more than three months old and must clearly show your full name and address.<\/li>\n<li>Justify the origin of the funds through tax returns, salary receipts or proof of sale of property.<\/li>\n<li>Submit a bank reference letter or a bank statement from an Argentine bank account.<\/li>\n<\/ul>\n<h2>Frequently Asked Questions About Opening Accounts in Uruguay<\/h2>\n<p><strong>Can I open a bank account in Uruguay as a non-resident foreigner?<\/strong><br \/>\nYes, it is possible. Uruguay does not impose special restrictions for foreigners to open bank accounts.<\/p>\n<p><strong>Is it possible to open a bank account for a foreign company?<\/strong><br \/>\nYes, foreign companies from any jurisdiction may open bank accounts in Uruguay.<\/p>\n<p><strong>Do I need to travel to Uruguay to sign documents?<\/strong><br \/>\nNo need to travel; we manage the complete opening of your bank account remotely.<\/p>\n<p><strong>How long does the process take?<\/strong><br \/>\nThe process takes approximately 2 weeks for individuals and 4 weeks for companies, once the service has been paid for and the documentation has been sent.<\/p>\n<p><strong>How can I resolve doubts during the process?<\/strong><br \/>\nWe will assign you an executive from the beginning who will guide you through every step of opening your bank account.<\/p>\n<p><strong>Can I choose the bank to open the account?<\/strong><br \/>\nYou can select any local bank, but depending on your profile and needs, we will recommend the most suitable bank.<\/p>\n<p><strong>Do they help with the addition of capital to the bank account?<\/strong><br \/>\nOur service focuses on account opening. The incorporation of capital must be coordinated directly with the selected bank.<\/p>\n<p><strong>How do I choose between a Checking or Savings Account?<\/strong><br \/>\nWe can manage both; the checking account allows you to write checks and access credit, while the savings account is more suitable for individuals and focused on savings.<\/p>\n<p><strong>Differences between an investment account and a savings account for individuals?<\/strong><br \/>\nInvestment accounts offer potential returns depending on the amount invested. Savings banks are for holding fixed funds without investment operations.<\/p>\n<p><strong>Are minimum account balances required?<\/strong><br \/>\nYes, banks generally require you to maintain an average balance. For example, in Uruguay, the minimum average balance can be USD 2,500 for checking accounts and USD 750 for savings accounts, with commissions if these balances are not met.<\/p>\n<p><strong>Can I apply for a credit card with my bank account?<\/strong><br \/>\nOnce the account is opened, the process to obtain a credit card is simple, and you can access several benefits offered by the banks, including the possibility to make international purchases without additional fees.<\/p>\n<p style=\"text-align: center;\"><a class=\"maxbutton-1 maxbutton maxbutton-contacto\" target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/wa.link\/7nkfn8\"><span class='mb-text'>Cont\u00e1ctanos para m\u00e1s informaci\u00f3n<\/span><\/a><\/p>\n<p>Links of interest:<\/p>\n<ul>\n<li><a href=\"https:\/\/globaltax.com.uy\/\">Migrating to Uruguay<\/a><\/li>\n<li><a href=\"\/?page_id=17865\">Management of Procedures in Uruguay<\/a><\/li>\n<li><a href=\"\/?page_id=17947\">Investing in Uruguay<\/a><\/li>\n<li><a href=\"\/?page_id=17994\">Relocation of personnel in Uruguay<\/a><\/li>\n<li><a href=\"\/?page_id=17931\">Setting up companies in Uruguay<\/a><\/li>\n<li><a href=\"\/?p=17963\">Obtaining legal residency in Uruguay<\/a><\/li>\n<li><a href=\"\/?p=17968\">Obtaining tax residency in Uruguay<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Initiating the process of opening a bank account in Uruguay is a simple and reliable process. At Vivir en Uruguay, we offer several bank account options for both companies and individuals. We are a reference in tax, legal and accounting matters. Benefits of opening a bank account in Uruguay: Uruguay&#8217;s banking system is highly recognized [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":21363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[286],"tags":[291],"class_list":["post-22031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management-of-procedures-in-uruguay","tag-company-in-uruguay"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Open a bank account in Uruguay - Global Tax<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Open a bank account in Uruguay - Global Tax\" \/>\n<meta property=\"og:description\" content=\"Initiating the process of opening a bank account in Uruguay is a simple and reliable process. At Vivir en Uruguay, we offer several bank account options for both companies and individuals. We are a reference in tax, legal and accounting matters. Benefits of opening a bank account in Uruguay: Uruguay&#8217;s banking system is highly recognized [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/\" \/>\n<meta property=\"og:site_name\" content=\"Global Tax\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-29T19:55:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-30T15:35:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Global Tax\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Global Tax\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/\",\"url\":\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/\",\"name\":\"Open a bank account in Uruguay - Global Tax\",\"isPartOf\":{\"@id\":\"https:\/\/globaltax.com.uy\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png\",\"datePublished\":\"2026-01-29T19:55:12+00:00\",\"dateModified\":\"2026-03-30T15:35:57+00:00\",\"author\":{\"@id\":\"https:\/\/globaltax.com.uy\/#\/schema\/person\/95faa4fdec3059b29f1966711b037f03\"},\"breadcrumb\":{\"@id\":\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#primaryimage\",\"url\":\"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png\",\"contentUrl\":\"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png\",\"width\":1200,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/globaltax.com.uy\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Open a bank account in Uruguay\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/globaltax.com.uy\/#website\",\"url\":\"https:\/\/globaltax.com.uy\/\",\"name\":\"Global Tax\",\"description\":\"Strategic tax &amp; legal structuring. Asesor\u00eda legal y fiscal estrat\u00e9gica, con criterio independiente\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/globaltax.com.uy\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/globaltax.com.uy\/#\/schema\/person\/95faa4fdec3059b29f1966711b037f03\",\"name\":\"Global Tax\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/globaltax.com.uy\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/aabaa1d81ba8bc53b3528985ffd731ff0d97d45e984ee3c0f03251c64a15a1ad?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/aabaa1d81ba8bc53b3528985ffd731ff0d97d45e984ee3c0f03251c64a15a1ad?s=96&d=mm&r=g\",\"caption\":\"Global Tax\"},\"url\":\"https:\/\/globaltax.com.uy\/en\/author\/juan\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Open a bank account in Uruguay - Global Tax","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/","og_locale":"en_US","og_type":"article","og_title":"Open a bank account in Uruguay - Global Tax","og_description":"Initiating the process of opening a bank account in Uruguay is a simple and reliable process. At Vivir en Uruguay, we offer several bank account options for both companies and individuals. We are a reference in tax, legal and accounting matters. Benefits of opening a bank account in Uruguay: Uruguay&#8217;s banking system is highly recognized [&hellip;]","og_url":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/","og_site_name":"Global Tax","article_published_time":"2026-01-29T19:55:12+00:00","article_modified_time":"2026-03-30T15:35:57+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png","type":"image\/png"}],"author":"Global Tax","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Global Tax","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/","url":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/","name":"Open a bank account in Uruguay - Global Tax","isPartOf":{"@id":"https:\/\/globaltax.com.uy\/#website"},"primaryImageOfPage":{"@id":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#primaryimage"},"image":{"@id":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#primaryimage"},"thumbnailUrl":"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png","datePublished":"2026-01-29T19:55:12+00:00","dateModified":"2026-03-30T15:35:57+00:00","author":{"@id":"https:\/\/globaltax.com.uy\/#\/schema\/person\/95faa4fdec3059b29f1966711b037f03"},"breadcrumb":{"@id":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#primaryimage","url":"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png","contentUrl":"https:\/\/globaltax.com.uy\/wp-content\/uploads\/2024\/01\/Abrir-cuenta-bancaria-en-Uruguay.png","width":1200,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/globaltax.com.uy\/en\/open-a-bank-account-in-uruguay\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/globaltax.com.uy\/en\/"},{"@type":"ListItem","position":2,"name":"Open a bank account in Uruguay"}]},{"@type":"WebSite","@id":"https:\/\/globaltax.com.uy\/#website","url":"https:\/\/globaltax.com.uy\/","name":"Global Tax","description":"Strategic tax &amp; legal structuring. Asesor\u00eda legal y fiscal estrat\u00e9gica, con criterio independiente","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/globaltax.com.uy\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/globaltax.com.uy\/#\/schema\/person\/95faa4fdec3059b29f1966711b037f03","name":"Global Tax","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/globaltax.com.uy\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/aabaa1d81ba8bc53b3528985ffd731ff0d97d45e984ee3c0f03251c64a15a1ad?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aabaa1d81ba8bc53b3528985ffd731ff0d97d45e984ee3c0f03251c64a15a1ad?s=96&d=mm&r=g","caption":"Global Tax"},"url":"https:\/\/globaltax.com.uy\/en\/author\/juan\/"}]}},"_links":{"self":[{"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/posts\/22031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/comments?post=22031"}],"version-history":[{"count":1,"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/posts\/22031\/revisions"}],"predecessor-version":[{"id":23508,"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/posts\/22031\/revisions\/23508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/media\/21363"}],"wp:attachment":[{"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/media?parent=22031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/categories?post=22031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globaltax.com.uy\/en\/wp-json\/wp\/v2\/tags?post=22031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}