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HOMEMONEY TRANSFERGermany
Send money from Germany to Uruguay

Send money from Germany to Uruguay

The Berlin to Montevideo route has a specific shape. Spain and Italy have deep ties with Uruguay, and European firms pay Montevideo developers. Grey handles the conversion in Berlin and delivers UYU to BROU or any other Uruguayan bank.
EUR
UYU
Send Money to Uruguay
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Berlin to Montevideo, in one conversion

Spain and Italy have deep ties with Uruguay, and European firms pay Montevideo developers. For senders in Berlin, the practical question is simple: how much lands, and when.

Grey answers both before you confirm. EUR converts to UYU once, the fee is shown separately, and the money reaches Banco República, Santander Uruguay, Itaú Uruguay, Scotiabank Uruguay as a normal deposit. German senders fund by SEPA from Deutsche Bank, Commerzbank, Sparkasse or N26. The euro balance sits on Grey until a payment is due.

How sending to Uruguay works

Grey foreign bank account in Ghana
Sign up
Open the app, scan your passport or Aufenthaltstitel, take a selfie. Most accounts in Germany are approved within minutes. Grey works with regulated partners in the EU.
Fund
Top up in euros by SEPA transfer from any German bank. If you're paid in foreign currency, that balance can fund the transfer directly.
Send
Enter the recipient's BROU, Santander or Itaú account number. Grey shows the EUR to UYU rate and the exact pesos before you confirm.

The real price of Uruguayan pesos from Germany

One conversion, EUR to UYU, with the rate and fee disclosed before you send from Berlin. When a bank can't quote a currency, it tells you to send dollars. The person in Montevideo then pays their bank's spread and a receiving fee, and you never know what they actually got.

Locked at confirmation

A rate that holds means you can promise someone in Montevideo an exact UYU figure and know it will arrive. When a bank can't quote a currency, it tells you to send dollars. The person in Montevideo then pays their bank's spread and a receiving fee, and you never know what they actually got.

Grey fixes EUR to UYU at the tap, every time, from Berlin or anywhere else in Germany.

Why domestic delivery matters in Uruguay

Anyone in Berlin who has wired money to Montevideo the old way knows the feeling of not knowing what landed. When a bank can't quote a currency, it tells you to send dollars. The person in Montevideo then pays their bank's spread and a receiving fee, and you never know what they actually got.

What arrives in Uruguay

A standard UYU deposit into an account at BROU or any other bank in Uruguay. It appears as a local transfer on their statement. No Grey account needed on their side, only on yours in Berlin.

Account credit, not pickup

UYU goes into the account at Banco República, Santander Uruguay, Itaú Uruguay, Scotiabank Uruguay. No queue, no agent.

Reuse the details

Save the Montevideo recipient and every later transfer is three taps.

Track from Berlin

Pending, converted, delivered: each stage shows in the app.

Before you send

Before the UYU reaches Montevideo, the money has to get onto Grey in Berlin. German senders fund by SEPA from Deutsche Bank, Commerzbank, Sparkasse or N26. The euro balance sits on Grey until a payment is due. Convert to UYU when the payment to Montevideo is due.

From Deutsche Bank, Commerzbank, Sparkasse, N26 or any German bank

euros credited in minutes.

From abroad

USD, EUR or GBP straight to UYU.

From Grey

GreyTag balances are ready to send to Uruguay immediately.
Save the recipient in Montevideo once and a repeat transfer from Berlin takes three taps.
Grey foreign bank account in Brazil.

What the money is for

Family

Support for relatives in Montevideo, Punta del Este and Salto.

Trade

Payments to Uruguayan exporters and free-zone service providers.

Remote work payments

Paying Uruguayan developers, designers and consultants in pesos.

Students

Living costs for students at Universidad de la República and ORT.

Seen from Berlin, the corridor looks like this. Spain and Italy have deep ties with Uruguay, and European firms pay Montevideo developers. From Berlin, the money tends to go to specific bills with specific due dates.
Send Money to Uruguay

Grey on Germany to Uruguay, in three points

Priced as one route
EUR to UYU, not EUR to USD to UYU.
Lands as local money
A UYU deposit at Banco República, Santander Uruguay, Itaú Uruguay, Scotiabank Uruguay, same day in most cases.
Nothing for them to do
Your recipient in Montevideo needs no account, app or code.
Licensed, not a bank
Grey isn't a bank. We're a licensed financial services provider. Grey works with regulated partners in the EU. Every payment is encrypted and tracked to settlement.
Trusted by 3M+ users
In-app support covers Uruguay like any other destination.

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