Updated September 29, 2026 · VaultCue Editorial Team
Mox Bank vs Scotiabank Uruguay Cuenta Digital
Mox Bank
Scotiabank Uruguay Cuenta Digital
Higher score in this comparison
Mox Bank vs Scotiabank Uruguay Cuenta Digital: the differences
| Compare | Mox BankReviewSee alternativesSee alternatives | Scotiabank Uruguay Cuenta DigitalReviewSee alternativesSee alternatives |
|---|---|---|
| Access terms | Interest credited daily to the Mox Account; savings balance usable for daily purchases | Bimonetary savings account in pesos and USD, managed 100% through digital channels, on-demand deposits and withdrawals; 5 free Banred ATM withdrawals and 2 free transfers (up to USD 10,000 or $300,000) per month |
| Monthly fee | HK$0 | UYU 0 |
| Headline rate | 0.001% | Not confirmed |
| Minimum deposit | Not confirmed | UYU 5,000 |
Same on both: Rate type (Variable), Account kind (Easy access).
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Key differences
- Scotiabank Uruguay Cuenta Digital scores higher overall: 8.7 vs 8.6.
- Founded is lower at Scotiabank Uruguay Cuenta Digital: 2011 vs 2020.
- Support channels: only Mox Bank offers Community.
- Pricing model: only Mox Bank offers Low FX.
Our verdict on each
Mox Bank
Mox Bank suits readers who want a digital-only account that credits interest daily and moves money across several currencies, not the highest savings rate. The monthly fee on the easy access account is HKD 0, transfers carry fees of HKD 0, and the savings rate is 0.001%.
Scotiabank Uruguay Cuenta Digital
Scotiabank Uruguay Cuenta Digital suits anyone in Uruguay who wants a savings account run entirely from the app and pays nothing to keep it open. The catch is reach: it holds 2 currencies and needs a minimum deposit of UYU 5,000 to open, so it is a local tool rather than a global one.
Score breakdown
| Area | Mox Bank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Cost | 9.1 | Not confirmed |
| Offer | 8.9HigherA variable savings rate of 0.001% and delivery in 20 seconds to 1 week keep the offer modest. | 8.8No monthly charge of UYU 0, but only 2 currencies and a minimum opening deposit of UYU 5,000 |
| Trust | 8.1 | 8.6Higher |
How they place
| Ranking | Mox Bank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Savings accounts | 559 of 1420 | 536 of 1420 |
| Online banks | 190 of 402 | 178 of 402 |
Every fact side by side
| Fact | Mox Bank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Legal entity | Mox Bank Limited | Scotiabank Uruguay S.A. |
| Headquarters | Hong Kong | Uruguay |
| Founded | 2020 | 2011Lower |
| Support channels | Email, Phone, Help centre, CommunityCovers more | Phone, Help centre, Email |
Everyday accounts
| Fact | Mox Bank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Currencies | 17Higher | 2 |
| Features | Digital only | Free ATM, Digital onlyCovers more |
| Free ATM withdrawals | Not confirmed | UYU 5 |
| Transfer fee | 0 remit fees on all global money transfers (Express Remit) from 2 July 2024 | 2 cost-free transfers per month up to USD 10.000 or UYU 300.000, then UYU 10 per transfer (Scotiabank to Scotiabank unlimited and free) |
Money transfer
| Fact | Mox Bank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Delivery time | 20 seconds to 1 week | Not confirmed |
| Payout methods | Bank, Wallet | Not confirmed |
| Fee to send 1,000 | HK$0 | Not confirmed |
Where each stands against the rest
| Fact | Mox Bank | Scotiabank Uruguay Cuenta Digital | Median |
|---|---|---|---|
| Headline rate | 0.001%lowest quarter | Not confirmed | 3.25% |
Median across 658 listed accounts.
Pros and cons
Mox Bank
Pros
- A monthly fee of HKD 0 on the account, with a no monthly fee and low fx pricing model.
- Transfer fees of HKD 0 on Express Remit transfers, paying out to bank and wallet.
- Interest is credited daily and the savings balance is usable for daily purchases.
Cons
- The savings rate of 0.001% sits far under the 3% common across the accounts compared here.
- The service is digital only, so everything runs through the app rather than a branch.
- Transfers can take 20 seconds to 1 week to arrive.
Scotiabank Uruguay Cuenta Digital
Pros
- No monthly maintenance charge on the account
- Runs entirely through digital channels, with deposits and withdrawals on demand
- Free ATM withdrawals up to an allowance of UYU 5 a month
Cons
- Only 2 currencies are held, so travel money beyond pesos and USD means another provider
- Transfers outside the free monthly allowance are charged per transfer, and only Scotiabank to Scotiabank transfers stay free
- A minimum deposit of UYU 5,000 is needed to open the account
Who each suits
Mox Bank
Who it suits
- People who want the same balance to cover daily spending and savings, with interest credited daily.
- Readers who send money abroad regularly and value transfer fees of HKD 0.
- Anyone banking entirely in an app across 17 currencies.
Who should look elsewhere
- Anyone chasing a high savings rate, since AXI Card Tarjeta y Credito shows 21.59%.
- Readers who want more from a savings product: PayPal Colombia lists 3.3%.
- Plazo ES suits people who prefer a headline rate of 24.19% over daily crediting.
Scotiabank Uruguay Cuenta Digital
Who it suits
- Uruguay residents paid in pesos who also earn or hold dollars
- People who bank by phone and do not want branch visits
- Savings customers content with a variable rate that moves with the bank
Who should look elsewhere
- Travellers holding more than 2 currencies, where Skrill or PayPal Colombia cover more currencies
- Anyone unwilling to meet the minimum deposit of UYU 5,000
- Users who want a fixed-rate term, since the rate is variable
Current offers
Mox Bank
Current offer
Bonus
Mission Bonus Rate: Up to 3.5% p.a. on deposit
Stacking missions; see Mission Bonus Rate Promotion (2026) Terms and Conditions
Source, checked September 26, 2026
Bonus
Mox Payroll: 1.5% p.a. savings top up
Set payroll with Mox; see Payroll Transfer Promotion Terms and Conditions
Source, checked September 26, 2026
Country by country
| Country | Mox Bank | Scotiabank Uruguay Cuenta Digital |
|---|---|---|
| Hong Kong | Yes | No |
| Uruguay | No | Yes |
Questions about each
Mox Bank
What does Mox Bank charge to keep an account open?+
The account carries a monthly fee of HKD 0, and the pricing model is no monthly fee and low fx. That matches the €0 median monthly fee across the accounts compared here, which leaves the account among the cheapest digital banks to hold.
How much interest do I earn on Mox savings?+
The headline rate is 0.001% and the rate type is variable, so the return can move rather than staying fixed for a term. Interest is credited daily to the Mox Account, and the savings balance can be spent on everyday purchases. Readers shopping for yield should compare the 3% median here.
Scotiabank Uruguay Cuenta Digital
Does the Cuenta Digital charge a monthly fee?+
No. The monthly fee is UYU 0, so the account costs nothing to keep open. Costs come from spending beyond the free allowances, mostly transfers and extra ATM withdrawals. Scotiabank to Scotiabank transfers stay free.
What can I hold in the account?+
The account is bimonetary, holding pesos and US dollars, which is 2 currencies in total. Anything beyond those two means a separate provider. Providers such as Skrill hold many more currencies for the same kind of task.
Other options to compare
Other matchups
Related by the facts
Mox Bank
Scotiabank Uruguay Cuenta Digital