Want to move funds from your Mexican pesos account directly into your Coba USD Deposit Account? With options like Global 66, Santander, or others, you can easily send pesos internationally within their digital banking experience to your Coba account. Here’s how:
Step-by-Step Instructions
Step 1: Choose Your Preferred Platform
Log In: Use your proper credentials to get access to the platform and setup your transfer.
Step 2: Add Your Coba Account as a Recipient
Go to “Transfer” or “International Transfer”: Navigate to the section for sending money or making an international transfer.
Add a New Recipient:
Recipient Name: Enter your name exactly as it appears on your Coba account.
Bank Name: For Coba accounts, use Bangor Savings Bank.
Account Holder: Use your personal name on your Coba Account.
Account Number: Enter your Coba account number.
Routing Number: Use the routing number provided in the Coba app under Account Details.
Step 3: Enter Transfer Details
Select Currency and Amount:
Currency: Choose to send in Mexican pesos (MXN) or even better, US Dollars (USD).
Amount: Specify the amount you wish to transfer.
Review Exchange Rate and Fees: Each platform may display the exchange rate and any fees for international transfers. Confirm that these rates and fees are acceptable for your transfer.
Step 4: Confirm and Send
Review Transfer Information: Double-check all details, including your Coba account number and the transfer amount.
Initiate the Transfer: Confirm and send your transfer. Processing times may vary, typically ranging from hours to 5 business days depending on the platform and institution.
Step 5: Check Your Coba Account
Verify Your Balance: Once the transfer is complete, check your Coba app to confirm the funds have been deposited in USD.
Convert to Pesos if Needed: If you need pesos, use Coba’s FX conversion feature to exchange USD to MXN at competitive rates.
Important Tips
Ensure Accuracy: Verify all details, especially your Coba account number and Bangor Savings Bank as the recipient bank name.
Understand Processing Times: Depending on the platform, transfers may take 1-3 business days.
Check Fees and Exchange Rates: Review all fees and rates on your chosen platform before sending.
Troubleshooting FAQs
Q: What if the financial institution doesn't recognize my account number or the bank name?
A: Reach out to the financial institution to confirm what might be the issue. Typically, there are problems with the routing tables and it is out of Coba's control.
Q: What if my transfer isn’t showing up in my Coba account?
A: Transfers may take up to 3 business days. Contact the platform's support team if delays persist.
Q: Can I send MXN from any Mexican bank?
A: Yes, any platform that supports international transfers to the US can be used to fund your Coba USD Deposit Account.
Q: Are there fees for receiving international transfers in Coba?
A: Coba doesn’t charge fees for receiving international transfers, though your transfer provider may apply their own fees.