Updated September 29, 2026 · VaultCue Editorial Team
Scotiabank Uruguay Cuenta Digital vs Yape
Scotiabank Uruguay Cuenta Digital
Yape
Higher score in this comparison
Where Scotiabank Uruguay Cuenta Digital and Yape differ
| Compare | Scotiabank Uruguay Cuenta DigitalReviewSee alternativesSee alternatives | YapeReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | UYU 0 | PEN 0 |
| Transfer fee | 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) | Free (0) to send a Yape payment; remittance receiving also free |
| Currency conversion fee | Not confirmed | 0% |
| Free ATM withdrawals | UYU 5 | Not confirmed |
Same on both: Currencies (2).
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Key differences
- Yape scores higher overall: 9.1 vs 8.7.
- Support channels: only Scotiabank Uruguay Cuenta Digital offers Phone, Email.
- Features: only Scotiabank Uruguay Cuenta Digital offers Free ATM.
Our verdict on each
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.
Yape
Yape suits people in Peru who want a wallet for everyday payments and money sent home, not a multi-currency account. The monthly fee is PEN 0 and the currency conversion fee is 0%, so the cost is hard to argue with, but the offer is thin at 2 currencies.
Score breakdown
| Area | Scotiabank Uruguay Cuenta Digital | Yape |
|---|---|---|
| Cost | Not confirmed | 9.6Monthly fee of PEN 0, a currency conversion fee of 0% and free transfers on a single-currency wallet. |
| Offer | 8.8HigherNo monthly charge of UYU 0, but only 2 currencies and a minimum opening deposit of UYU 5,000 | 8.3Covers 2 currencies, pays out to the wallet only and runs as a digital-only service. |
| Trust | 8.6 | Not confirmed |
How they place
| Ranking | Scotiabank Uruguay Cuenta Digital | Yape |
|---|---|---|
| Multi-currency accounts | 223 of 348 | 129 of 348 |
| Online banks | 178 of 402 | 93 of 402 |
Every fact side by side
| Fact | Scotiabank Uruguay Cuenta Digital | Yape |
|---|---|---|
| Pricing model | No monthly fee | No monthly fee |
| Features | Free ATM, Digital onlyCovers more | Digital only |
| Legal entity | Scotiabank Uruguay S.A. | Not confirmed |
| Headquarters | Uruguay | Not confirmed |
| Founded | 2011 | Not confirmed |
| Support channels | Phone, Help centre, EmailCovers more | Help centre |
Savings
| Fact | Scotiabank Uruguay Cuenta Digital | Yape |
|---|---|---|
| Rate type | Variable | Not confirmed |
| Minimum deposit | UYU 5,000 | Not confirmed |
| Access terms | 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 | Not confirmed |
| Account kind | Easy access | Not confirmed |
Money transfer
| Fact | Scotiabank Uruguay Cuenta Digital | Yape |
|---|---|---|
| Delivery time | Not confirmed | Instant, credited directly to the Yape wallet |
| Payout methods | Not confirmed | Wallet |
| Fee to send 1,000 | Not confirmed | PEN 0 |
Where each stands against the rest
| Fact | Scotiabank Uruguay Cuenta Digital | Yape | Median |
|---|---|---|---|
| Currency conversion fee | Not confirmed | 0%below the median | 0.5% |
| Currencies | 2lowest quarter | 2lowest quarter | 5 |
Median across 536 listed accounts.
Pros and cons
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
Yape
Pros
- Monthly fee of PEN 0 on the everyday account
- Currency conversion fee of 0%, top of the multi-currency table
- Sending a Yape payment and receiving a remittance are both free
Cons
- Only 2 currencies, near the bottom of the multi-currency table
- Payouts run to the wallet only, so money cannot be withdrawn to a bank account
- Support runs on help centre only, with no phone or email line
Who each suits
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
Yape
Who it suits
- People living in Peru paying everyday bills from a phone
- Family members abroad sending remittances to a Yape wallet
- Anyone who wants to receive money without opening a bank account
Who should look elsewhere
- PayPal Colombia or Skrill if you hold money in several currencies
- eToro if you want a card account that pays out to a bank
- Anyone who needs help by phone, since support runs on help centre only
Current offers
Yape
Current offer
Discount code
Hasta 50% de descuento en electrodomésticos en Yape Tienda: Up to 50% off appliances
Source, checked September 26, 2026
Country by country
| Country | Scotiabank Uruguay Cuenta Digital | Yape |
|---|---|---|
| Peru | No | Yes |
| Uruguay | Yes | No |
Questions about each
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.
Yape
How much does a Yape account cost to keep?+
The monthly fee on the everyday account is PEN 0. Sending a Yape payment carries no charge, and receiving a remittance is free as well, so the everyday cost of running the wallet is close to nothing.
What does it cost to change currency in a Yape wallet?+
The currency conversion fee is 0%, which sits at the top of the multi-currency ranking. The catch is that Yape only holds 2 currencies, so a wider currency basket is not available here.
Other options to compare
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Related by the facts
Scotiabank Uruguay Cuenta Digital
Yape