How to send money to Uruguay
Learn how to transfer money to Uruguay with the best providers in a few easy steps
1. Check the UYU mid-market rate against your own currency
Although the currency market is unforseeable, it can help you save money to monitor it so that you can optimize how many the recipient will get. Frequently check the mid-market exchange rate and convert your money when you can get a good exchange rate.
2. Find the best option by comparing the available money transfer companies.
We list many companies offering money transfer services to Uruguay, such as TransferWise, Western Union, MoneyGram, Xendpay, InstaReM. You can save a lot of money by comparing them all and find the most competitive deal for your transfer.
3. Pick the best option based on your criteria
Select the option with the lowest total cost, the shortest transfer time, highest ratings, or a good compromise.
In addition, you may want to consider the pay-in and pay-out methods. Providers often give you the possibility to pay for your transfer by bank transfer or by cards (credit or debit). On the recipient's side in Uruguay, select the right option, whether you need the amount in UYU to be deposited on a local bank account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your transaction to Uruguay with the service you selected
Go to the provider's website to go through the sign-up process - be ready to upload an offical ID and/or a proof of adress - and provide the details of your transaction.