Businesses working across borders need more than a bank account — they need a system that can adapt to international operations. That’s why we’ve launched multi-currency accounts inside the Coba platform, giving companies a way to hold, receive, and move funds in the currencies they operate with most: USD, MXN, EUR, CAD, CNH, and more than 30 additional currencies.

This feature is designed for businesses managing income and expenses across different markets — whether they’re invoicing US clients, settling MXN payroll, sourcing from Asia, or servicing partners in Europe. By allowing accounts in multiple currencies under a single structure, companies can streamline their financial operations without relying on multiple platforms or losing value to forced conversions.

Key capabilities include:

• Local receiving accounts in select currencies (USD, MXN, EUR, CAD, CNH) with IBAN, SPEI, ACH, or SEPA rails depending on the currency
• ‍Hold funds in multiple currencies simultaneously, with no daily limits on balances or usage
• Interconnect with existing US-based accounts such as IBC, Mercury, Brex, or institutional-level banks for seamless inbound or outbound movement
• ‍Leverage Coba’s FX rail to convert between currencies when conditions are favorable
• ‍Optional AI-decisioning that helps trigger exchanges based on market conditions or pre-set business rules

These accounts are built for operational control — giving finance teams the ability to manage treasury positions, reduce unnecessary FX exposure, and avoid payment delays across jurisdictions. CAD support enables smoother transactions with Canadian partners or teams, especially in nearshoring strategies, while CNH unlocks fund movement for Asia-Mexico trade, manufacturing, or logistics.

All of this works within a unified interface, with full support for automation, reconciliation, and integration via API if needed. This makes the feature compatible with both early-stage ventures and more complex businesses operating in the US-Mexico corridor and beyond.

To see the feature in action, including how to activate your accounts and route funds across currencies, watch the full walkthrough video below.

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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.