Remote Work, Local Living. Coba Makes It Easy.

Coba is designed for remote workers earning in dollars and living in Mexico. Everything in one place.

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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.

Backed by world class investors

US Features

Tools to Simplify Your Cross-Border Finances

Streamline your finances with Coba's powerful tools, designed to help remote workers like you manage income, expenses, and taxes with ease.

Instant Dollar-to-Peso Withdraws

Effortlessly manage your US income and withdraw it to pesos in real-time.

Smart Payment Management

Let Coba handle your regular payments, so you can focus on what matters.

Control Your Finances from Anywhere

Your financial management at your fingertips, handle your money from wherever your work takes you.

* 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.

Fees and Usage

Transparent Fees, More Savings

Noteworthy Mentions

What experts say about us

Learn more

MX & Local Capabilities

Convenience and Control with Coba

Coba offers a range of features that make managing your finances effortless, giving you more time to focus on what matters.

Instant Access to US Funds

Get immediate access to your funds and spend them in Mexico without delay, or keep them in your account with security.

Local card with ATM access

Our local cards plays well with local ATMs, so you can rely on getting your cash on time when you need to.

Spend Anywhere, Anytime

Spend with ease across Mexico and the US. Get access to ACH transfers in the US while also having SPEI available.

Honest Pricing, Clear Benefits

Coba offers transparent pricing with no hidden fees. Know exactly what you’re paying for, and keep more of your earnings

Schedule your onboarding

Trusted Financial Partner

The Coba Advantage

Coba provides the tools you need to make the most of your US income while living in Mexico — designed to simplify your financial life, giving you more control and flexibility.

International Services for International Professionals

Open you account with few clicks from your house. No need to travel to the US or pay high fees.

Local Services for your Local Life

Our play is local. Need support with taxes? Don't know how to navigate the US banking system? We are here to help.

Fast, Easy Dollar-to-Peso Withdraws

Withdraws are instantly with Coba. Your money is available when you need it, without the wait.

Testimonials

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

What fees does Coba charge?

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

What is the difference between the Coba Deposit Account and a Wallet?

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.

Who can open a Coba account and what information do I need to 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.

I want to receive my USD payments into a US Deposit Account. Do I owe taxes?

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.

How is my money safe?

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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