Non-FATCA Banks in Uruguay



Don’t rely on this quick-reference guide, whatever you do! Check IRS website for a FATCA GIIN. Also check whether an intergovernmental agreement is in effect: TREASURY

The U.S. Department of the Treasury makes a show of all the jurisdictions entering into IGA’s and all the FATCA-registered FFI’s but for some strange reason they do NOT make it easy to find the jurisdictions without IGA’s or the banks in those jurisdictions that do NOT participate in FATCA.

Typically this website lists banks with a SWIFT BIC, and smaller banks tend not to have a SWIFT BIC.

If it shows a GIIN then they are FATCA registered.
Name of a financial institution
A FATCA-registered financial institution with a similar name
BANCO BANDES URUGUAY S.A. BK6NKY.99999.SL.858
Banco Bandes Uruguay S.A.
Uruguay
BANCO BILBAO VIZCAYA ARGENTARIA URUGUAY S.A. 495D3G.00000.SP.858
BANCO BILBAO VIZCAYA ARGENTARIA URUGUAY,
Uruguay
BANCO DE LA NACION ARGENTINA NONE
BANCO DE LA REPUBLICA ORIENTAL DEL URUGUAY XEGWD2.00000.LE.858
Banco de la Republica Oriental del Urug
Uruguay
BANCO HIPOTECARIO DEL URUGUAY CY5QY2.99999.SL.858
BANCO HIPOTECARIO DEL URUGUAY
Uruguay
BANCO ITAU URUGUAY S.A. DI5KU3.00040.ME.858
BANCO ITAU URUGUAY S.A.
Uruguay
BANCO SANTANDER S.A. B64D0N.00162.ME.858
Banco Santander, S.A.
Uruguay
BANQUE HERITAGE (URUGUAY) S.A. GCP87V.00001.ME.858
Banque Heritage Uruguay SA
Uruguay
CITIBANK N.A. (SUCURSAL URUGUAY) NONE
DISCOUNT BANK (LATIN AMERICA) S.A. 9XK71B.00021.ME.858
Discount Bank Latin America S.A.
Uruguay
Exprinter (Uruguay) S.A. ZSEX6X.99999.SL.858
Exprinter Uruguay S.A.
Uruguay
Hapoalim (Latin America) S.A. VBJ4R7.00005.ME.858
Hapoalim Latin America S.A.
Uruguay
HSBC BANK (URUGUAY) S.A. F384P4.99999.SL.858
HSBC Bank -Uruguay- S.A.
Uruguay
Leumi (Latin America) S.A. S6PWE5.00009.ME.858
Leumi Latin America S.A,
Uruguay
OCA Casa Financiera S.A. DI5KU3.00042.ME.858
OCA CASA FINANCIERA S.A.
Uruguay
Provincia Casa Financiera NONE
SCOTIABANK URUGUAY S.A. possible match:
6XG0CI.00087.ME.858
Scotia Uruguay Holdings S.A.
Uruguay
The boundaries of the United States of America are the boundaries of the United States of America.

Around the world, people are learning that they are “citizens” of the U.S.A., and faced with criminal charges and devastating financial penalties for failing to report to Washington, D.C. their local bank accounts, when they don’t even live in the United States, and under the laws of their country, they are citizens only of their country.

Complicating the problem is that the U.S. Supreme Court gave them back their citizenship even if they did not want it. The court ruled in a manner consistent with U.S. Constitution, Amendment 14, which says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States, and of the State wherein they reside.


But how can a country unilaterally acquire the authority to tax people overseas? These people are no more U.S.A. “citizens” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen of Canada under Canadian law.

The fee to renounce U.S. citizenship is $2,350.00 and they require five years of tax returns and sometimes an exit tax, and in some cases they keep taxing for ten more years. This is unacceptable.

If they want money they should repeal the income tax and use a federal sales tax, based on domestic consumption, which does not invade personal privacy. If you pay with cash there is no paper trail revealing what you buy, so why should there be a paper trail showing how much money you have, or make? Cars built overseas and sold in the U.S.A. would be taxed in the U.S.A., making the U.S.A. more competitive.



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