Itaú will require your information and documents via email (sent from my address) before visiting their branch in Buceo to file an application for a savings account in USD and UYU. You must also bring a photocopy of everything.
Below you can find an example of the email that must be sent.
Opening¹
(Applicant) and his/her spouse (Name) are (Denomyn) citizens and want to open a joint savings bank in UYU and USD.
Household, income and accounts
(Applicant) is a (Work Position) and works at a (Activity) company. The spouse is a housewife/househusband. They are both co-owners of their (Foreign bank) account in the (Country).
List of information
Here’s their detailed information:
- Applicant (main owner):
- Name that will appear on the VISA debit card:
- Itaú branch where debit card will be picked up:²
- Passport:
- Passport’s issuing country:
- Nationality:
- Place of birth:
- Civil status:
- Social Security Number / National Tax Number:
- Email:
- Cell phone: 09X XXX XXX
- Address (of both): (Uruguayan address)
- Profession: (graduate profession)
- Occupation: (current occupation/position)
- Average monthly income:
- Net worth: (including real estate property, vehicles, investments and accounts)
- Banks the applicant operates with:
- References: (names, professions and Uruguayan cellphone numbers of 3 people related to your relocation such as myself, your sworn translator and your landlord)
Spouse
- Spouse (co-owner):
- Passport:
- Passport’s issuing country:
- Nationality:
- Place of birth:
- Civil status:
- Email:
- Cell phone: 09X XXX XXX
- Profession: (graduate profession)
- Occupation: Housewife/Househusband
- Average monthly income:
- Net worth: (including real estate property, vehicles, investments and accounts)
Expected use
They will be receiving 1 wire per month from (employing company) in (Country).
List of documents
I am attaching their documents so that you can review them.
- Passport – (Applicant)
- Passport – (Spouse)
- US Passport (Applicant and/or Spouse) (if applicable)³
- (UTE, OSE or ANTEL) utility bill
- Work Letter – (Applicant)²
END
¹The titles in black bold letters don’t go on the email. They’re guidelines.
²All Uruguayan banks operate with UES to ship their credit/debit cards, account/card statements and notices. They rarely fulfill their deliveries, instead they leave a notice without any communication. They never reach Countryside addresses. It’s far quicker to have it delivered at your nearest Itaú branch to activate it immediately.
³One of the following is required: Retirement letter, Work Letter (model here) or Certified Public Accountant´s Income Certificate for business owners (model here) or rental property owners (model here).
⁴US citizens must always present their US passport and sign a W-2 form under FATCA (Foreign Account and Tax Compliance Act) which entered into effect in Uruguay in May 30th, 2024.
Aldo’s Relocation Service 