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How to send money to Uruguay

Discover how to make a money transfer to Uruguay at the lowest cost in 4 easy steps

1. Check the UYU mid-market rate against your own currency

Although the currency market is unpredictable, it can help you save money to monitor it in order to maximize how many you (or your recipient) receives after the currency exchange. Keep an eye on the exchange rate and send the money when you can get a good exchange rate.

2. Go with the best deal by comparing all the available money transfer companies.

There are 11 companies offering money transfer services to Uruguay, such as TransferWise, Western Union, MoneyGram, Xendpay, InstaReM. Using the most competitive money transfer provider from the list is a sure way to save money.

3. Select the best option for your transfer

Decide if you’re looking for the money transfer company with the lowest price, the fastest solution, best reviews, or a good combination of the three.

You may also want to take into account the pay-in/out methods. Providers often give you the option to pay by bank wire or by cards (credit or debit). On the recipient's side in Uruguay, you can decide if your want the amount in UYU to be deposited on a local bank account or be available for cash pick-up.

4. Sign up and start your transfer to Uruguay with the service you selected

Go to the money transfer provider's website to sign up (you normally have to upload documents to confirm your identity), and configure your transfer to Uruguay.

Best rated providers to send money to Uruguay

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