Market beating FX rates at lightning fast speeds

Coba is your all-in-one USD account, fully integrated with the Mexican financial system, offering zero-fee transfers, top-notch FX rates, and more.
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Coba is a financial technology company, not an FDIC insured depository institution. Banking services provided by Bangor Savings Bank, Member FDIC. FDIC insurance coverage protects against the failure of an FDIC insured depository institution. Pass-through FDIC insurance coverage is subject to certain conditions.

Coba vs. The Rest: Why We’re the Smarter Choice

Save More, Stress Less—Coba Outperforms Incumbents

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USD Account
Superior FX Rates
Get Paid in USD
USD Insured*
Time for transfers
USD Debit Card**
Mexico Local Card
Cross-border Tax Support
Customer Support
World Class
Seconds
Bilingual people via whats app
Competitive
Minutes / Hours
Bots with long waitlines
Standard
International Transfer ($$$$)
1-5 working days
Call Center in Spanish

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Superior FX Rates
Get Paid in USD
USD Insured*
Time for transfers
USD Debit Card**
Mexico Local Card
Cross-border Tax Support
Customer Support
Personalizada a través de Whatsapp

Column Heading

Superior FX Rates
Get Paid in USD
USD Insured*
Time for transfers
USD Debit Card**
Mexico Local Card
Cross-border Tax Support
Customer Support
Minutos / Horas
Por correo

Column Heading

Superior FX Rates
Get Paid in USD
USD Insured*
Time for transfers
USD Debit Card**
Mexico Local Card
Cross-border Tax Support
Customer Support
Transferencia Internacional ($$$$)
1-5 días hábiles
Por teléfono a la  Linea 01 800

Annual Savings

Save thousands in fees per year. More money in your pocket.

With Coba, withdrawing $48,000 USD to MXN per year, you’ll be saving up to $30,000 MXN *.

Money Received
Cost for transactions
$ 48,000.00 USD
$ 2,000 MXN
$ 48,000 USD
$10,504 MXN
$48,000 USD
$30,690 MXN
Don’t just take our word for it
“Simply the best solution for those of us who have international clients and live in Mexico. Coba has the greatest user experience coupled with the most competitive exchange rate. I’m glad I’ll never need to use traditional banks to convert my USD again.”
Picture of one of our clients sharing a testimonial
Rafael Cardenas
Staff Software Engineer
"Coba has been immensely helpful in precisely managing my clients' payments, despite currency fluctuations. Moreover, their advisory and accounting support has been crucial in keeping my fiscal situation organized and up-to-date. 100% recommended!"
Picture of one of our clients sharing a testimonial
Beatriz Montaño
Art Director
“A platform where I can easily deposit earnings directly into my US account and access those funds in pesos whenever I want. Coba offers excellent customer service at any time and is willing to help making it a better experience.”
Picture of one of our clients sharing a testimonial
Mariana Villarreal
Head of People Ops

Open your Cross-Border USD Account today

Unlock seamless cross-border banking and start saving more—open your USD account with Coba today

Frequently Asked Questions

At Coba, we offer the Deposit Account and Virtual US Debit Card with no fee.

Coba is a Fintech (or financial technology) company. This means we don’t have a bank charter, but instead, partner with Bangor Savings Bank, Member FDIC. This allows us to provide you with banking products and services, and to insure your deposits with us up to the legal limit of $250,000 USD. In contrast, a Wallet won’t have the same flexibility and security that the current banking system can provide.

Coba was created for individuals living outside of the US, who need access to a U.S. based deposit account to receive payment from their U.S. employers. Coba is currently available to individuals living in Mexico.‍

To comply with banking regulations, we need to collect information that will allow us to verify your identity. This includes your personal information, Tax ID (RFC) and National ID Number (CURP), Government ID + Selfie picture and Proof address if different than address displayed on Government ID (utility bill, bank or credit card statement). In some cases, we may also ask for additional documentation to confirm your identity, but only if it’s completely necessary.

According to the US Internal Revenue Service (IRS), your residency status and the location where you perform your work as a contractor determines the source of your income for tax filing and tax payment purposes. This article from Deel (Payroll for Global Teams) offers additional information.

Cross-border tax can be complex, which is why Coba offers it’s members a Tax Support Service to make it easy to fulfill your own tax obligations in line with local tax laws in your country of tax residence. Coba members have access to a qualified tax expert as well as an easy in-app way to report payments, timbrar facturas to local authorities and even submit monthly tax declarations.

Funds in your Coba Deposit Account is insured by the FDIC (Federal Deposit Insurance Corporation) through our partner bank, Bangor Savings Bank, Member FDIC, up to the legal limit of $250,000 USD.

Still have a questions?

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