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Private company

Banred

Automatic teller machines in Uruguay

Banred is a network of automated teller machines (ATMs) in Uruguay with over 330 locations. It used to be two separate networks, RedBanc and Bancomat, which merged in 2005. Most private banks are members of the Banred network, including BBVA, Itaú, Santander and Scotiabank. its main competitor is RedBROU, owned by state bank BROU.2 It is headquartered in Montevideo.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

  • Industryautomated teller machine1
  • HeadquartersMontevideo1

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Agencia del Banco de la Nación en Montevideo
Photo: JacobinoWunsh, CC BY-SA 4.0, via Wikimedia Commons3

Banred is a network of automated teller machines (ATMs) in Uruguay with over 330 locations. It used to be two separate networks, RedBanc and Bancomat, which merged in 2005.2

Sources

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