Banco de la República Oriental del Uruguay

Financial Services90% confidence

Banco de la República Oriental del Uruguay (BROU) is Uruguay’s state-owned commercial bank and the country’s largest financial institution, providing banking and payment services to individuals and businesses.

Montevideo, Uruguay
brou.com.uy
Owned by Government of Uruguay

About Banco de la República Oriental del Uruguay

Banco de la República Oriental del Uruguay (often branded as Banco República or BROU) is the state-owned commercial bank of Uruguay and the country’s largest financial institution. Headquartered in Montevideo, it offers retail and corporate banking services including current and savings accounts, loans, foreign exchange, credit and debit cards, and international payment services such as wire transfers. It also plays a key role in Uruguay’s financial system and supports both domestic and international commerce.

A charge or entry labeled as an “ONLINE INTERNATIONAL WIRE TRANSFER” with references to Banco de la República Oriental del Uruguay, Montevideo, and invoice or freelance contract details generally indicates a cross-border bank transfer either sent to or from an account held at BROU. This can be payment for freelance work, invoice settlement, or other contractual services, and may appear on your statement as an outbound wire fee, the principal transfer amount, or a corresponding incoming transfer notation depending on your bank’s formatting. Additional references such as TAX ID numbers, invoice identifiers, or transaction (TRN) codes are used to match the payment with a specific contract or invoice.

To verify or resolve questions about this charge, review your recent contracts or invoices involving clients or counterparties in Uruguay and cross-check the transaction date, amount, and reference numbers with your banking portal or payment instructions you received. You can also log into your own bank’s online banking to view the full SWIFT/wire details, which typically include the beneficiary name and BROU’s BIC/SWIFT. If something looks incorrect or unauthorized, contact your bank’s customer support immediately and provide them with the full descriptor and transaction reference; they can liaise with intermediary and receiving banks like BROU as needed. For issues on the recipient side (e.g., funds not received), the account holder at BROU should contact BROU customer service directly with the transaction reference and amounts involved.

Bank Statement Variations

1 known variations

These are the raw merchant codes that appear on bank and credit card statements that we've identified as belonging to Banco de la República Oriental del Uruguay.

  1. ONLINE INTERNATIONAL WIRE TRANSFER A/C: BANCO DE LA REPUBLICA ORIENTAL MONTEVIDEO URUGUAY X1000 UY REF: FREELANCE CONTRACT TAXIDXXXX6141/CHK/INVOICE PAYMENT TRN : XXXXXX6218ES 08/06

Frequently Asked Questions

Why does my statement say “ONLINE INTERNATIONAL WIRE TRANSFER A/C: BANCO DE LA REPUBLICA ORIENTAL MONTEVIDEO URUGUAY”?

This descriptor indicates that your bank processed an international wire transfer involving an account at Banco de la República Oriental del Uruguay (BROU) in Montevideo, Uruguay. It usually corresponds to a payment you sent or received, often for invoices, freelance contracts, or other cross-border transactions.

What do the TAX ID, invoice, and TRN reference numbers in the descriptor mean?

The TAX ID, invoice number, and TRN (transaction) reference are identifiers provided by the sender or recipient to match the wire transfer with a specific contract, invoice, or account. These details help both banks and the involved parties reconcile the payment against the correct obligation.

Is this a fee from Banco de la República Oriental del Uruguay or the actual payment amount?

Depending on your bank’s formatting, the line item may represent the full amount of the wire transfer, a separate wire-transfer fee charged by your bank, or both. Review your online banking transaction details to see whether there are separate entries for the transfer amount and for any wire fees.

How can I confirm that this wire transfer is related to my freelance or contract work?

Compare the date, amount, and any invoice or TAX ID numbers in the descriptor with your freelance contracts or invoices. If you have a remittance advice or payment confirmation from your client, it should contain similar references or the same transaction code, confirming that this transfer corresponds to that work.

What should I do if the recipient at Banco de la República Oriental del Uruguay says they haven’t received the funds?

Ask your bank for a detailed wire transfer confirmation or SWIFT message (MT103) showing the transaction reference, date, and routing path. Provide this to the recipient so they can contact BROU with the exact reference. If needed, your bank can initiate a trace on the wire to locate its current status.

Can I cancel or recall an international wire transfer involving Banco de la República Oriental del Uruguay?

Once an international wire has been sent and processed, cancellation or recall is not guaranteed. Contact your bank immediately with the transaction reference; they can send a recall request through the correspondent banking network. However, BROU and any intermediaries are not obligated to return funds that have already been credited and possibly withdrawn by the beneficiary.

Why does the descriptor mention “CHK/INVOICE PAYMENT” in addition to the bank name?

“CHK/INVOICE PAYMENT” indicates the purpose of the transfer, typically payment of an invoice or contractual obligation, sometimes linked to a specific check, invoice, or freelance agreement. This helps both you and the recipient distinguish it from other types of transfers, such as personal remittances or loan repayments.

How can I get support directly from Banco de la República Oriental del Uruguay about a transfer?

If you are the account holder at BROU, log into your BROU online banking or visit a branch and provide them with the transaction reference and date. If you are not a BROU customer, you will generally need to work through your own bank, as BROU typically cannot discuss detailed transaction information with non-account holders due to privacy and regulatory requirements.

This merchant is in the Financial Services category

Browse all

Related Merchants

Spotto
Circumtec
Live Payments
CabFare
JIM.com

Compare Banco de la República Oriental del Uruguay

vsSpottovsCircumtecvsLive Payments

Got more mystery charges?

Paste your bank statement codes and we'll tell you exactly who charged you.

Find out who charged you