The Cross-Border Account That Puts Money Back in Your Pocket

Save big with zero fees and unbeatable FX rates, making every transfer work harder for you. Enjoy seamless cross-border banking that keeps more money where it belongs—in your pocket.

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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.

Seamless cross-border banking with zero fees and unbeatable savings

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One Account, Huge Savings for Those Living Beyond Borders

Freelancers & Remote Workers

  • Receive payments with zero fees on ACH deposits, saving you more with every paycheck.
  • Enjoy the lowest FX rates when converting USD to MXN, keeping more of your hard-earned money
  • Manage your finances effortlessly from anywhere, with full digital control right from your phone.

Expats Enjoying Life in Mexico

  • Convert your USD to MXN instantly and send pesos whenever you need, even on weekends.
  • Avoid hidden fees and high charges—save more with the lowest FX rates in the market.
  • Access your money and manage your accounts easily, whether paying bills or sending money to family
Features / Benefits

3 Simple Steps to Open Your USD Account and Start Saving

Fill out the application from anywhere—no need to cross the border

Upload your ID and a few documents securely online, all from the comfort of your phone.

Once approved, access your account immediately, and begin saving with zero fees and instant transfers

Use Case - Remote Workers

Feels Almost Like a 5% Increase to Your Paycheck

With zero fees on ACH deposits and ultra-low costs on SPEI payouts, we’re making sure you keep more of what you earn. Our low-cost solutions maximize your savings, turning every transaction into extra income.

Discover More

Discover One of the Most Comprehensive Cross-Border Financial Solutions

Avoid unnecessary costs when spending in the US with no FX fees

Quickly withdraw your USD to MXN anytime, 24/7—even on weekends

Send to yourself, family and friends in Mexico easily and securely

Full control on your mobile, no signatures or paperwork required

Keep your funds protected in a US-based, FDIC-insured account.

Seamless mobile Payments—Works with Apple Pay and Google Pay

Open your Cross-Border USD Account today

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

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.”
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!"
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.”
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Mariana Villarreal
Head of People Ops

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.

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.

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