Coba is unique because we not only offer you a US Deposit Account, but also link Mexico features to allow you to spend in pesos without hassle.
By using Coba you can take advantage of the following 🇲🇽 Mexico features:
🏦 SPEI transfers: Send a SPEI transfer to any bank account in Mexico with a CLABE
💳 Coba Mexico Mastercard: Allows you to spend with confidence anywhere in Mexico that Mastercard is accepted, including:
Mexico Compatible: Because the Coba Mexico Mastercard is a locally issued, Mexico, card - it is more widely accepted than international cards
No FX Surprises: You fund your Coba Mexico Card through the Coba app, which means you know exactly what FX rate you will receive when spending in Pesos. Not only that, you’ll access Coba’s fantastic FX rates!
No international fees: Since the Coba Mexico Mastercard is issued locally, the card won’t be affected with any additional fees as an international card would do.
ATM Access: Your Coba Mexico Mastercard allows you to withdraw cash at any ATM where Mastercard is accepted.
💼 Value-add services (optional): Coba has multiple localized services solving the main pain points of individuals living in Mexico but working internationally. Our available services are:
Tax Reporting in auto-pilot
Health Insurance for contractors
Local bill payment