At Coba, we’re committed to helping cross-border professionals maximize their earnings between the US and Mexico. Due to high demand from our existing clients, we’ve prepared this brief guide to help you seamlessly connect your Coba US Deposit Account to PayPal. Follow the steps below to manage your USD and MXN earnings more efficiently!
You can review our Visual Guide or Step-by-Step Guide with screenshots and details.
Video Guide
Watch this video (Spanish) to link your Coba US Deposit Account to PayPal and start managing your funds across both platforms. In case you want to see screens and details in English, jump to the next section.
Step-by-Step Guide
Follow these steps to link your Coba US Deposit Account to PayPal and start managing your funds across both platforms.
1. Log In to Your PayPal Account
Open PayPal on your mobile or desktop.
Log in using your credentials.
2. Add Your Coba US Deposit Account to PayPal
In your PayPal dashboard, go to 'Wallet' in the bottom nav bar.
Go to 'Banks and Cards' and tap 'Add New'.
Choose the option below “If you want to, you can link a US bank account” ("Si lo desea, puede asociar una cuenta bancaria de EE.UU.")
Enter the Account Number and Routing Number from your Coba account to Paypal.
To find your Account Details from your Coba Account, log in to your Coba account, and click on Account Details, located on the 3 ":" in the upper right corner of your app. Copy your Account Number and Routing Number.
Make sure you enter your full name exactly as it appears on your Coba account.
3. Validate Your Coba Account
PayPal will send two small deposit transactions to your Coba account.
Go back to your Coba App and check for these two deposits in your transaction history within the next 1-5 business days.
Return to PayPal and enter the two deposit amounts to verify the account.
4. You’re Done!
Your Coba account is now linked to PayPal, and you can send and receive money seamlessly.
Recommendations
Use a secure connection: Always use secure Wi-Fi when linking your Coba account. Avoid using public Wi-Fi or 5G networks for financial transactions.
Keep your information private: Do not share your routing and account numbers with anyone. These should only be entered in secure apps like PayPal.
Use your full legal name: Ensure that the name on your PayPal account matches your name on Coba to avoid issues during verification.
FAQ and Troubleshooting
Q: Why didn’t I receive the small deposit verification from PayPal?
A: Make sure the name on your Coba account matches the name on your PayPal account. Also, verify that the account and routing numbers were entered correctly.
Q: How long does it take to link my account?
A: The small deposits from PayPal typically take 1-2 business days to appear in your Coba account.
Q: What happens if I enter the wrong deposit amounts?
A: You can retry by going back to the PayPal verification screen and re-entering the correct amounts. If the problem persists, contact PayPal support.
Q: Can I link multiple bank accounts to PayPal?
A: Yes, you can add multiple bank accounts to your PayPal wallet, including your Coba US Deposit Account.