| Group 1 | 18/02/1962 | Municipal de La Paz | - | Santos FC | 3:4 | ||||
| Group 1 | 21/02/1962 | Santos FC | - | Municipal de La Paz | 6:1 |  |
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| Group 1 | 25/02/1962 | Cerro Porteño | - | Santos FC | 1:1 | |
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| Group 1 | 28/02/1962 | Santos FC | - | Cerro Porteño | 9:1 | |
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| Semi-finals | 08/07/1962 | Universidad Católica | - | Santos FC | 1:1 | ||||
| Semi-finals | 12/07/1962 | Santos FC | - | Universidad Católica | 1:0 | ||||
| Final | 28/07/1962 | Peñarol | - | Santos FC | 1:2 | ||||
| Final | 02/08/1962 | Santos FC | - | Peñarol | 2:3 | |
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| Final | 30/08/1962 | Santos FC | - | Peñarol | 3:0 |
Brazil