Banking

Uruguay — Opening a Bank Account as a Foreigner

The single-window page covers opening a business account at Banco de la Republica (BROU) for sole owners and SAS companies; it gives no timeline or fee.

VerifiedGovernment / official sourceUruguay Single Window (VUI), opening a bank accountLast reviewed: 2026-10-26

Why this matters

A local bank account is a practical prerequisite for renting long-term, paying utilities, receiving a Uruguayan salary, and completing many residency-related administrative steps.

Key facts

  • The page names Banco de la Republica Oriental del Uruguay (BROU) as the bank.
  • It applies to sole ownerships and Simplified Joint Stock Companies (SAS).
  • RUT registration with the DGI is a prerequisite, using DGI forms 6906 and 6951 online or 6351 and 6361 on paper.
  • The Commercial Registry certificate must be no older than 15 calendar days.
  • No processing time, cost or non-resident procedure is given; contact VUI on (598) 2915 3838 or authorized banks.

Steps

  1. Step 1 — Gather passport and proof of Uruguayan address (lease, utility bill, or notarized landlord letter)
  2. Step 2 — Visit a BROU branch to open a basic account, or a private bank if a cédula/RUT is already in hand
  3. Step 3 — Provide a RUT number (from DGI) if opening with a private bank

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