Uruguay’s best transaction bank 2025: Santander

Santander Uruguay delivered a series of impactful innovations and strategic enhancements in 2024 that significantly strengthened its transaction banking proposition. 

Among several key developments last year, one of the most important was the rollout of Santander Cash Nexus in Uruguay – a centralised global platform that enables clients to manage liquidity, execute domestic and cross-border payments, and access consolidated reporting. Its integration with Swift, Trax, FIDES and SAP embedded solutions allowed for straight-through processing of high-volume transactions, improving operational efficiency and reducing onboarding time for corporates. 

Among several key developments last year, one of the most important was the rollout of Santander Cash Nexus in Uruguay

A key digital development was the implementation of new API and ERP connectors, enabling clients to automate payment flows and reconcile balances in real time.

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