Includes a list of U.S. banks operating in the market; indicates whether Ex-Im Bank offers any country-specific programs.
Last Published: 1/9/2020

Citibank (Citi)
Citibank has maintained a presence in Uruguay since 1915 and is the only U.S. bank currently operating in Uruguay.  Citibank sold its private banking operation to Itaú bank in 2013 and is currently operating only in corporate banking.  For more information check:  https://www.citibank.com/icg/sa/latam/uruguay/.

All local banks except Bandes Uruguay have correspondent banking arrangements with major U.S. banks.  All of them, including government-owned Banco de la Republica and private banks, which are either subsidiaries or branches of international banks, are in the process of adapting to Foreign Account Tax Compliance Act (FATCA) regulations.  For more see:  http://www.irs.gov/Businesses/Corporations/Foreign-Account-Tax-Compliance-Act-FATCA.
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.


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Uruguay Market Access Banks