Banco PAN vs Ualá.
Banco PAN (B75/100) and Ualá (U49/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. A close tie.
| B Banco PAN №20 · BACEN 75 /100 | U Ualá №66 · BCRA 49 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 75 /100 | 49 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 3.00% | 4.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Full bank BACEN | Payment inst. BCRA |
| Deposit guarantee Per depositor | €250,000 BR.FGC | Safeguarded AR.SEDESA |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 3 countries |
| Crypto Coins available | No | 6 coins |
| Stocks & ETFs Self-directed | Yes | Yes |
| UX | ||
| Trustpilot Customer score | — | 2.4 ★ 5k reviews |
| App store iOS + Android avg | 4.5 ★ iOS 4.5 · And 4.4 | 4.5 ★ iOS 4.6 · And 4.5 |
| Read review → | Read review → | |
Pick Banco PAN if…
Brazilian full bank, BACEN-licensed since 1969 (digital pivot 2018). BTG Pactual majority owner since 2021. B3-listed. ~28M customers. FGC cover. Adds full-bank diversity to Nubank/Inter/C6 in BR; differentiates by payroll-deductible lending heritage.
Pick Ualá if…
The default Argentine fintech card (~9M users in AR). Wilobank acquisition (2022) gave Ualá a full Argentine banking licence — converts the wallet to a chartered bank for AR depositors. Mexican + Colombian expansions via local subsidiaries. Argentine inflation-hedge yield (Rendimientos) is a near-mandatory product for ARS holders.
- Best for fees Banco PAN won 1 of 4
- Best for protection Banco PAN won 2 of 2
- Best for reach Ualá won 2 of 3
- Best for ux Ualá won 2 of 2
Banco PAN vs Ualá — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Banco PAN better than Ualá?
Banco PAN and Ualá are tied 4–4 across 12 dimensions under our v3 methodology. Composite scores: Banco PAN 75/100 vs Ualá 49/100. The right pick depends on which dimension you weight most heavily.
Is Banco PAN or Ualá cheaper?
Monthly fee — Banco PAN: €0; Ualá: €0. Card FX markup — Banco PAN: 3.00%; Ualá: 4.00%. Banco PAN wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Banco PAN or Ualá?
Banco PAN holds a Full bank licence under BACEN; deposit guarantee per depositor: €250,000. Ualá holds a Payment inst. licence under BCRA; deposit guarantee per depositor: Safeguarded. Banco PAN is the stronger pick on regulatory protection.
Where can I use Banco PAN and Ualá?
Banco PAN operates in 1 country; Ualá operates in 3 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.