Description
Banco Santander is the largest banking group in the euro zone and fourth largest in Europe by market capitalization. Today, the Santander Group has over 14,000 branches in more than 40 countries, over 100 million customers and is considered one of the safest and most secure banks in the world. Santander is one of the largest banks in the world by stock market value and the largest in the Eurozone, headquartered near Madrid, Santander’s success comes from having firm banking principles and a strong retail banking focus also specializes in consumer finance, wholesale banking, asset management and insurance in Europe and Latin America. The group traces its roots to the founding of Banco de Santander in 1857, and is one of the founding members of The IBOS Association.
Details
Parent Bank
Banco Santander (Spain)
Host Bank
Yes
Account holding bank
Yes
Domestic branches
38
Short name
SAN
Bank type
Associate
Website
https;//www.santander.com.uy/
Accolades
The Banker – “Global Best Bank ” 2010 Euromoney – “World Best Bank” 2010 Euromoney – “Best Bank in Spain” 2010 Global Finance-“Best Bank in Portugal” 2010 Euromoney-“Best Bank in Portugal” 2010 Euromoney- “ Best Bank in United Kingdom” The Banker – “Bank of the Year in the United Kingdom” 2010
Services Offered
Cash Services
Yes
Lockbox
Yes
Reconciliation tools (cheque/cash)
Yes
Sweeping and pooling
Yes
Trade services
Yes
Treasury management
Yes
Customer Services
Dedicated IBOS desk
No
Preferential IBOS customer service
No
Single point of contact for client
Yes
Customer service in English
Yes
Electronic Banking
Electronic banking in local language
Yes
Electronic banking in local English
Yes
The IBOS web portal
Through our online portal, IBOS members can access everything they need from a centralised dashboard. From easily looking up IBOS banks by country or group to accessing detailed information about each member, our member platform makes international collaboration easier.
