Introduction

Expanding into Mexico often starts with a simple question: How do we open a Mexican bank account? Until now, the answer involved branch visits, local partners, and months of paperwork. Today, that changes.

Submit your US Onboarding documents online, and in just a few days Coba delivers a working CLABE under your existing entity, ready to send and receive MXN through SPEI and convert funds 24/7.

‍Pain Points Solved

• Access Mexico’s payments network without local shareholders.
• Faster pay‑ins/pay‑outs in MXN, improving supplier and payroll cycles.
• Transparent FX with control over timing and spreads.

Use‑Case Snapshots

1. E‑commerce / Marketplaces: Collect MXN from buyers or sellers, pool funds, and auto‑convert to USD when target rates hit.
2. Global SaaS & Service Firms: Bill in MXN, hold pesos as an FX hedge, and repatriate to USD for U.S. reporting.
3. Nearshore Manufacturers / Maquilas: Pay local suppliers in MXN, convert off‑peak for better spreads, and bring sales proceeds back in USD.
4. U.S. Investment Platforms & Funds: Accept MXN via CLABE, convert on internal timelines, and settle USD directly into U.S. accounts.
5. VC‑Backed Startups in Mexico: Channel MXN revenue into a CLABE, convert 24/7, and sweep dollars to one U.S. treasury account for board‑level reporting.

Next Steps

Existing users will see their “MXN Holding Account” in the dashboard once they get paid or convert into MXN for the first time. New to Coba? Start here → https://app.coba.ai/registrations/new.

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Unlock Seamless Cross-Border Finance with Coba

Looking to simplify USD-MXN transactions for your business? Coba’s embedded financial solutions enable faster, more efficient cross-border payments, helping businesses eliminate friction when moving funds between the US and Mexico.

Whether you’re a Vertical SaaS platform, ERP provider, or a company looking to integrate financial solutions, Coba offers the infrastructure to handle multi-currency accounts, automated FX conversions, and seamless payouts—all through a flexible API.

Let’s explore how we can power your financial operations and help you unlock new revenue streams.