Send Money from Thailand to Uruguay
Senders on this route hold US dollars in Thailand and need Uruguayan pesos in an account in Uruguay. The bank name and the account number are what the transfer runs on, with no IBAN involved, and Banco República, Santander Uruguay, Itaú Uruguay, BBVA Uruguay and Scotiabank Uruguay all take the peso credit. Grey deducts nothing at the Uruguayan end and no exchange is carried out there.
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From a dollar balance in Thailand to pesos in a Uruguayan account
This route belongs to people in Thailand whose earnings are in US dollars. Freelancers and remote workers in Bangkok invoicing clients overseas, professionals employed abroad but living in Thailand, senders supporting family in Montevideo or elsewhere in Uruguay, and Thai-based companies paying Uruguayan contractors all send from the same kind of balance.
Grey only moves dollars you already hold. The Grey USD account comes from Lead Bank with US routing and account numbers attached, so an employer, a client or a platform abroad can pay into it directly. You convert from that balance into pesos in the app, with the rate, the fee and the peso total shown before you confirm, and the rate held once you have.
At the Uruguayan end the payment is an ordinary deposit. You enter the bank and the account number rather than an IBAN, and the UYU goes into the account at Banco República, known as BROU, or at Santander Uruguay, Itaú Uruguay, BBVA Uruguay and Scotiabank Uruguay. There is no queue and no agent to visit, and once a recipient is saved a later transfer takes only a few taps.
How to send money to Uruguay from Thailand
Sign up
Create a Grey account in the app and verify your identity using a passport or another photo document Grey accepts. Grey Inc is registered with FinCEN, registered address 651 N Broad St, Suite 206, Middletown, DE 19709, United States.
Fund
Your Lead Bank USD account arrives with US routing and account numbers in the app. Share them with the client, employer or platform paying you, or wire dollars across from a dollar account at another bank. Every peso payout draws on that balance.
Send
Choose Uruguay, name the receiving bank and enter the account number, since no IBAN is used on this route. Check the peso figure, the rate and the fee, then confirm to hold them.
What a transfer to Uruguay costs
Only one part of the cost is ever called a fee. The other part is the distance between the rate you are quoted and the rate the market is trading at, and a provider advertising no charge at all is usually collecting there instead. Comparing stated fees alone will not tell you which is cheaper.
Look at the pesos delivered. Put the same dollar amount through Grey and through the alternative you had in mind, then read what each one commits to paying into the Uruguayan account. The fee and the margin are both contained in that single figure.
What is confirmed is what posts. Whatever peso figure you confirmed is the figure that reaches the account, since Grey takes nothing off in Uruguay and performs no exchange there, so the comparison you made beforehand still holds once the money lands.
How the US dollar to peso rate is set and held
The dollar to peso rate moves through the trading day, so Grey fixes yours at the point you confirm. Whatever the market does next, the UYU figure on the confirmation screen is the figure credited in Uruguay.
Sending from dollars keeps this to one conversion. Nothing had to be exchanged before the pesos were bought, so the transfer carries a single rate and a single margin rather than two sitting one on top of the other.
Keeping dollars in Grey also leaves the timing to you. A balance is not committed to pesos until you convert it, so a payment that can wait a day or two can be sent when the rate on screen reads better.
How Grey compares with an ordinary bank wire to Uruguay
A conventional wire to Uruguay runs through correspondent banks, each of which brings cut-off hours, working days and deductions, and the deductions tend to appear only once the recipient counts what landed. Grey sends from a dollar balance you already hold and credits the Uruguayan account in pesos, so the figure confirmed is the figure that posts.
For the person waiting, that means a date you can actually give them. With the balance already funded, a transfer usually arrives within minutes, which matters when an invoice carries a due date, and the status stays in your app rather than behind a call to a branch. You also need only the bank and the account number, where a wire would ask for intermediary details too.
What your recipient in Uruguay sees
They are credited in pesos at the Uruguayan bank they already use. Nothing is signed up for, nothing is downloaded, and there is no counter or agent involved.
Which accounts receive it
Enter the bank and the account number, not an IBAN. The peso credit is taken by Banco República, Santander Uruguay, Itaú Uruguay, BBVA Uruguay and Scotiabank Uruguay into a normal account.
How quickly it lands
A transfer released from a funded balance usually arrives within minutes. The UYU goes into the account itself, with nothing taken off and no exchange carried out in Uruguay.
GreyTag
Where your recipient is also a Grey user, send to their GreyTag. Transfers between Grey users go through instantly and free, in whichever currency you decide on.
How to fund a transfer to Uruguay
Pesos are bought with dollars that are already in your Grey account, so funding comes first and the method you use sets how quickly the Uruguayan side can be paid.
Client and employer payments
Pass on the Grey USD account details once and every payment afterwards arrives in Grey without anything further from you.
Dollar wire
Take the routing and account numbers from the app and wire dollars in from another bank where you hold a dollar account.
Existing Grey balance
Dollars already in Grey convert when you ask them to, so the pesos can leave as soon as the rate looks acceptable.
Keeping a working balance beats funding each payment on its own. Rent in Montevideo, a monthly invoice or a family commitment falls on its own date while client payments arrive on theirs, and dollars already sitting in Grey mean the pesos go out against the deadline that matters.
Who sends money from Thailand to Uruguay
Freelancers and remote workers
Developers, designers, writers and consultants living in Thailand who invoice clients abroad in dollars and send part of each payment on to Uruguay.
Professionals on a foreign payroll
People resident in Thailand but employed by a company elsewhere and paid in US dollars, moving a share of that salary to a Uruguayan account.
Families and students
Senders in Bangkok, Chiang Mai and Phuket supporting relatives, covering a student's rent or meeting household costs in Montevideo and beyond.
Businesses paying Uruguayan contractors
Companies in Thailand settling Uruguayan developers, agents and suppliers, often against invoices that carry a fixed monthly payment date.
The route is used by people and companies in Thailand earning US dollars. Freelancers and remote workers come first, followed by professionals on a foreign payroll, senders supporting family in Uruguay, and Thai-based businesses paying Uruguayan contractors.
The best way to send money from Thailand to Uruguay
A global money app you can actually trust
Bank-grade encryption protects your balance, each payment is tracked from the instant you confirm it, and support replies inside the app itself. If a peso transfer to Uruguay looks wrong, you raise it in the place you sent it and follow the answer through to a conclusion.
FAQs
How much does it cost to send money from Thailand to Uruguay?
Grey shows the peso rate and the fee before you confirm. Compare providers on the pesos delivered rather than on the advertised charge.
How long does the money take to reach Uruguay?
Sent from a funded balance, a payment usually reaches the Uruguayan account within minutes, which helps when an invoice carries a fixed due date.
What details do I need to send money to Uruguay?
The bank and the account number of the recipient. You do not enter an IBAN, because this route does not use one.
Which banks in Uruguay can receive the money?
Banco República, Santander Uruguay, Itaú Uruguay, BBVA Uruguay and Scotiabank Uruguay can all take the peso credit into a normal account.
Is anything taken off at the Uruguayan end?
No. Grey deducts nothing in Uruguay and carries out no exchange there, so the amount confirmed is the amount credited.
Is there a limit on how much I can send?
Limits follow the verification completed on your Grey account, and the amount available to you is displayed before you confirm a transfer.
Can I track the transfer after sending it?
Yes. The payment shows in your Grey activity from confirmation onwards, with the status updated until the pesos reach the account.
Is it safe to send money to Uruguay through Grey?
Grey Inc is registered with FinCEN, verifies every account holder at signup, and protects balances with bank-grade encryption.
How do I get dollars into my Grey account?
Have clients or an employer pay your Grey USD details, wire dollars in from another bank, or use dollars already held in Grey.
Can I send to the same person repeatedly?
Yes. Save the Uruguayan recipient after the first payment and each later transfer takes only a few taps to send.
What if I enter the wrong account number?
Contact Grey support in the app as soon as you spot it. Recovery depends on the receiving bank, so check the digits first.
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