International Money Transfers
Sending money to Latin America? What you need to know about the new 1% tax
The U.S. government introduced a new 1% federal excise tax on certain international remittances. Learn when it applies, when it doesn't, and how to legally avoid it.
8 min read
Sending Money to Latin America? What You Need to Know About the New 1% Tax
If you send money home to Mexico, Guatemala, Colombia, El Salvador, Honduras, or anywhere else in Latin America, a new federal law may affect the fees you pay per money transfer, depending on how you send it.
On July 4, 2025, the United States enacted the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, which introduced a new federal excise tax on certain international money transfers. The tax, set at 1% of the transfer amount, applies to remittances made on or after January 1, 2026. However, not all transfers are taxable.
If you send money from a US bank account or using a US-issued debit or credit card, your transfer is exempt from the tax by statute. The tax applies only when you pay with cash, a money order, a cashier's check, or a similar physical instrument.
Understanding whether this tax applies to you and how it may affect your transfers can help you send money home with fewer surprises.
What Is the New 1% Remittance Tax?
It imposes a 1% federal excise tax on certain outbound remittance transfers, meaning money sent from a sender in the United States to a recipient in a foreign country, through a remittance service provider.
The tax is codified under IRC Section 4475, added to the Internal Revenue Code by Section 70604 of the OBBBA. It applies to all senders, regardless of citizenship or immigration status.
The tax was effective for transfers made after December 31, 2025, with collection beginning January 1, 2026.
Who Pays the Tax? Who Doesn't?
The key factor is how you fund the transfer, not how much you send, not where it goes, and not your immigration or citizenship status.
| Subject to the 1% Tax | Exempt from the 1% Tax |
|---|---|
| Transfers funded with cash (e.g., paying cash at a remittance service provider) | Transfers funded from a US bank account at a BSA-compliant institution |
| Transfers funded with money orders | Transfers funded with a US-issued debit card |
| Transfers funded with cashier's checks | Transfers funded with a US-issued credit card |
| Transfers funded with similar physical instruments | Transfers of $15 or less (under EFTA threshold) |
Source: IRS.gov, RSM US. This information is for informational purposes only and does not constitute legal or tax advice.
This means that if you often send money back home with a remittance service provider with physical locations (for example Western Union or MoneyGram) and pay with cash, a 1% tax will be added to your total transfer amount.
However, if you send money through a digital app or bank account linked to your US checking or savings account, or pay with a US-issued debit or credit card, the transfer is exempt from the tax under Section 4475.
How Is the Tax Collected?
The tax is collected at the point of transfer. When a taxable transaction occurs, the remittance transfer provider is responsible for collecting the 1% from the sender at the time the transfer is made.
Providers must then deposit the collected taxes with the IRS on a semimonthly schedule and file quarterly returns.
The Remittance Landscape in 2026
For millions of families across Latin America, the money that arrives from a relative in the United States can pay the rent, cover school fees, or put food on the table. In 2024, Latin America and the Caribbean received an estimated $161 billion in remittances, the vast majority sent from the US. Mexico alone received over $63.3 billion. In countries like El Salvador, Guatemala, Nicaragua, and Honduras, remittances represent between 19% and 26% of GDP.
For people already stretching every dollar between their own expenses in the US and the needs of family back home, an additional cost on each transfer can have an impact. How much it affects you depends largely on the tools available to you.
Cash agent networks (Western Union, MoneyGram, Intermex):
These are the traditional in-person options, often used by senders who mostly manage cash. Transfers funded with cash at these locations are subject to the 1% tax.
Digital apps (Remitly, Wise, Xoom, Común, and others):
These platforms typically process transfers from a linked US bank account or US-issued debit or credit card. These payment methods are exempt from the tax under Section 4475. However, fees and exchange rate margins may vary by provider.
Bank wire transfers:
Transfers sent directly from a US bank account at a Bank Secrecy Act–compliant institution are exempt from the tax by statute. Bank wire fees can be higher than digital app fees.
What This Means for You
If you send money home regularly, you already know that there are costs involved: transfer fees, exchange rate margins, sometimes a fee on the receiving end. Now, depending on how you send money, there may also be a new 1% federal tax. That may not sound like much in isolation, but if you're someone already careful about managing what to keep and what to send, it can add up.
There is no single right answer for everyone. Some people that have a US bank account can shift to a digital transfer method. Others who don't have that option yet, or may have reasons for continuing to send through an agent location. Whatever your situation is, a few things may help:
Know what you're being charged:
Before confirming any transfer, you should be able to see the fee, the exchange rate, any applicable taxes, and the exact amount your family will receive. Review everything before you hit send. Some service providers, like Común, offer in-app tools to help you calculate the costs before sending anything.
Compare the total cost:
A provider that charges no transfer fee but offers a weaker exchange rate can potentially cost more than one with a modest flat fee and a fair rate. The number that matters is what arrives on the other end.
If you have a US bank account or debit card, ask your provider about your options:
Transfers funded from a US bank account or US-issued debit or credit card are exempt from the tax under the current statute.
Ask your provider directly how they handle the tax:
Some providers may have updated their apps, websites, or agent instructions. If you're sending via a digital channel linked to your US bank account or debit or credit card, ask whether that payment method qualifies for the statutory exemption.
Manage your remittances confidently with Común
Having an account to receive electronic payments, track your spending, and send money directly may help make managing your financial life in the U.S. more convenient. Común accepts more than 100 valid Latin American IDs to open a debit account. With Común you get:
- A $2.99 flat fee per remittance transfer, with no hidden charges
- A checking account held at Community Federal Savings Bank, Member FDIC. Deposits are FDIC insured up to the applicable limits
- Transparent, in-app pricing where you can see exactly what each transfer will cost, including fees and the exchange rate, before you confirm
- 24/7 customer support in Spanish
- Cash pickup options for your recipient
- The ability to send transfers from the comfort of your phone
To learn more about Común's remittance services, visit comun.app/remittances.
FAQ
What is the new 1% Remittance Tax?
It is a federal excise tax introduced by the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, codified as IRC Section 4475. It imposes a 1% tax on certain outbound money transfers from the United States to recipients in foreign countries. It applies only to transfers funded with cash, money orders, cashier's checks, or similar physical instruments.
When does the new remittance tax take effect?
The tax applies to remittance transfers made on or after January 1, 2026. It was signed into law on July 4, 2025, as part of the OBBBA. The IRS granted penalty relief to providers for the first three quarters of 2026, with full enforcement expected beginning Q4 2026.
Who has to pay the 1% tax?
The tax is owed by the sender, but it is collected and remitted to the IRS by the remittance transfer provider at the time of the transfer. It applies to all senders, regardless of citizenship or immigration status.
Are all money transfers from the US subject to the new tax?
No. The tax applies only to transfers funded with cash or physical instruments. Transfers funded from a US bank account at a Bank Secrecy Act–compliant institution, or paid with a US-issued debit or credit card, are exempt from the tax by statute.
How is the tax collected?
The remittance transfer provider collects the 1% tax from the sender at the time of transfer. Providers must deposit collected taxes with the IRS on a semimonthly schedule and file quarterly returns using Form 720.
How can I tell if my transfer is taxable?
It depends on how you're funding the transfer. If you are paying with cash, a money order, or a cashier's check at a remittance agent, the 1% tax likely applies. If you are sending money through a digital app or bank account using your US checking account or a US-issued debit or credit card, the transfer may be exempt under the current statute. Ask your provider directly to confirm how your specific payment method is classified.
About Común
Común aims to support the Latino community in the United States. It offers a debit account that can be opened with more than 100 valid Latin American IDs and an app available in Spanish.
Visit Común's website or download the app for free to learn more about the full offer and applicable terms.
Olivia Rhye
Community Partner
International Money Transfers
Como Hacer Transferencias Internacionales: Opciones y Consejos
8 min de lectura
A medida que las razones para transferir dinero internacionalmente aumentan, también lo hacen los métodos por los cuales se pueden completar estas transacciones. Este artículo te guiará en la selección del servicio adecuado para tus necesidades, proporcionará un recorrido detallado del proceso de transferencia de dinero internacional y ofrecerá consejos para minimizar las tarifas y navegar por el paisaje regulatorio de las transferencias de dinero internacionales. Ya seas un remitente por primera vez o busques optimizar tus transacciones regulares, las siguientes perspectivas te equiparán con el conocimiento para tomar decisiones informadas.
Entendiendo las Transferencias de Dinero Internacionales
En un mundo cada vez más globalizado, la capacidad de transferir dinero a través de fronteras es esencial para propósitos personales y comerciales por igual. Las transferencias de dinero internacionales facilitan el flujo de fondos entre diferentes países, sirviendo una variedad de necesidades: desde apoyar a miembros de la familia en el extranjero, hasta pagar por servicios en otro país, hasta invertir en activos en el extranjero.
Tradicionalmente, los bancos han sido las principales instituciones que manejan estas transferencias, ofreciendo seguridad y fiabilidad. Sin embargo, a menudo son criticados por tarifas más altas y tipos de cambio menos favorables. En respuesta a estas limitaciones, han surgido una variedad de servicios alternativos de transferencia. Los servicios de transferencia en línea ofrecen tarifas y tipos de cambio competitivos, junto con plataformas fáciles de usar que simplifican el proceso, haciendo que las transacciones internacionales sean accesibles para todos con acceso a internet. Además, las aplicaciones móviles han revolucionado el escenario de transferencia internacional, permitiendo transferencias instantáneas con solo unos pocos toques en un smartphone. Cada una de estas entidades tiene su propio conjunto de ventajas y es adecuada para diferentes tipos de clientes y necesidades.
Eligiendo el Servicio Correcto: Factores a Considerar
Al decidir sobre un servicio para transferencias de dinero internacionales, varios factores clave deben guiar tu elección. Las tarifas de transferencia son a menudo la primera consideración; estas pueden variar significativamente entre servicios, con algunos cobrando una tarifa fija, otros un porcentaje del monto transferido, y otros ofreciendo transferencias sin tarifas en ciertos umbrales. Los tipos de cambio proporcionados por el servicio son igual de cruciales, ya que incluso una pequeña diferencia en el tipo de cambio puede afectar significativamente la cantidad que recibe el destinatario, especialmente en transferencias más grandes.
La velocidad de entrega es otro factor importante. Dependiendo de la urgencia de tu transferencia, puedes elegir un servicio que ofrezca transferencias instantáneas o del mismo día, incluso si podría costar un poco más. Además, no todos los servicios operan en cada país; por lo tanto, la disponibilidad del servicio en el país de destino es una verificación vital.Por último, no se deben pasar por alto las preocupaciones de seguridad y la disponibilidad del servicio al cliente. Asegúrate de que el servicio tenga medidas de seguridad robustas y ofrezca un soporte al cliente confiable en caso de problemas. Los proveedores deben estar regulados por las autoridades financieras relevantes, y deberías tener acceso al servicio al cliente a través de múltiples canales (teléfono, correo electrónico, chat) en cualquier momento.
Guía Paso a Paso para Enviar Dinero al Extranjero
Enviar dinero internacionalmente involucra algunos pasos clave. Aquí te mostramos cómo puedes hacerlo:
- Elige un Proveedor: Investiga y selecciona un servicio de transferencia basado en los factores anteriores - Puedes empezar con Comun ahora mismo.
- Crea una Cuenta: Regístrate y verifica tu identidad, lo cual puede requerir proporcionar documentación como un pasaporte o licencia de conducir.
- Ingresa los Detalles de la Transacción: Especifica la cantidad que deseas enviar, la moneda y la información del destinatario, incluyendo sus detalles bancarios o número de móvil, dependiendo del método de transferencia.
- Revisa Costos y Tasas: Confirma las tarifas, los tipos de cambio para la moneda extranjera del destinatario, y el monto total que recibirá el destinatario.
- Envía Dinero: Completa la transacción. La mayoría de los servicios proporcionarán un número de seguimiento o ID para seguir el progreso de tu transferencia.
- Confirma la Recepción: Asegúrate de que el destinatario confirme que el dinero ha sido recibido en la cantidad y plazo esperados.
Por seguridad, siempre verifica dos veces los detalles del destinatario y los resúmenes de transacciones antes de confirmar la transferencia, y solo utiliza redes seguras cuando realices transacciones en línea.
Manda dinero a tu país
de manera segura⁴
Envía al extranjero con tranquilidad con tu cuenta Comun¹
¡Abre tu cuenta en 3 minutos!
Estrategias Efectivas en Costos para Transferencias Internacionales
Transferir dinero internacionalmente podría parecer desalentador si no estás familiarizado con el proceso. Sin embargo, con la orientación adecuada, puede ser sencillo y seguro. Los siguientes puntos te ayudarán a navegar por las etapas esenciales de enviar dinero al extranjero, desde elegir un proveedor de servicios hasta asegurar que los fondos hayan llegado de manera segura a tu destinatario. Ya sea que estés apoyando a la familia, liquidando pagos o gestionando inversiones y cuentas bancarias, seguir estos pasos te ayudará a navegar por las complejidades de las transferencias de dinero internacionales de manera eficiente.
Transferir dinero internacionalmente podría parecer desalentador si no estás familiarizado con el proceso. Sin embargo, con la orientación adecuada, puede ser sencillo y seguro. Los siguientes puntos te ayudarán a navegar por las etapas esenciales de enviar dinero al extranjero, desde elegir un proveedor de servicios hasta asegurar que los fondos hayan llegado de manera segura a tu destinatario. Ya sea que estés apoyando a la familia, liquidando pagos o gestionando inversiones y cuentas bancarias, seguir estos pasos te ayudará a navegar por las complejidades de las transferencias de dinero internacionales de manera eficiente.
- Compara Proveedores: Usa herramientas de comparación en línea para encontrar los mejores tipos de cambio y las tarifas más bajas. A veces, usar un banco o servicio intermediario puede aumentar inesperadamente los costos.
- Planifica con Anticipación: Si tu transferencia no es urgente, observa los tipos de cambio durante unos días o semanas para elegir un momento más favorable. Los tipos de cambio fluctúan debido a informes económicos, demanda del mercado y eventos geopolíticos.
- Transferencias Más Grandes Menos Frecuentes: Si es posible, envía cantidades mayores con menos frecuencia en lugar de pequeñas cantidades a menudo, ya que esto puede reducir los costos si la estructura de tarifas es por transacción.
- Verifica Cargos Ocultos: Ten en cuenta las posibles tarifas ocultas, como las tarifas de bancos intermedios para transferencias electrónicas, o las tarifas cobradas al destinatario. Aclara estas con tu institución financiera antes de enviar dinero. A veces, se puede cobrar una tarifa mínima por enviar dinero al extranjero de manera rápida y segura.
Al emplear estas estrategias, puedes asegurar que más de tu dinero llegue a su destino previsto, de manera eficiente y segura.
Consideraciones Culturales y Prácticas al Enviar Dinero al Extranjero
Entender los aspectos culturales y prácticos de las transferencias de dinero internacionales es crucial para asegurar transacciones suaves y efectivas. Las prácticas financieras locales pueden variar ampliamente; por ejemplo, en algunas culturas, la banca es predominantemente un asunto cara a cara, lo que puede afectar la rapidez con la que se procesan las transacciones para transferencias bancarias internacionales. De manera similar, los días festivos nacionales y las horas bancarias pueden retrasar las transferencias, lo cual es vital recordar al momento de programar un envío. La comunicación efectiva con los destinatarios también es esencial. Asegurarse de que todas las partes tengan expectativas claras sobre el tiempo y el uso de los fondos puede ayudar a prevenir malentendidos. Además, los remitentes deben estar conscientes de las posibles barreras lingüísticas o desafíos burocráticos que podrían complicar el proceso de la transacción. Por ejemplo, en algunos países, los destinatarios podrían necesitar proporcionar documentación extensa para recibir fondos, o podría haber restricciones gubernamentales sobre las transferencias bancarias entrantes. Al estar consciente de estos factores, los remitentes pueden prepararse mejor a sí mismos y a sus destinatarios para una transferencia exitosa, minimizando retrasos y maximizando el impacto de los fondos enviados.
Comun: banca segura con envíos al extranjero
Con tu cuenta recibes una app móvil y tarjeta de débito VISA¹
Sin comisiones por balances mínimos
Recibe tu sueldo hasta 2 días antes³
Manda dinero a tu país de manera segura
¡y mucho más!
Conclusión
Navegar por las complejidades de las transferencias de dinero internacionales requiere una comprensión sólida de las diversas opciones disponibles y los factores específicos que influyen en cada transacción. Al seleccionar cuidadosamente el servicio de transferencia adecuado, entender los costos asociados y considerar las sutilezas culturales y prácticas del país de destino, individuos y empresas pueden enviar dinero de manera eficiente y segura a través de fronteras.Este artículo ha proporcionado una guía para ayudarte en cada paso del proceso, desde elegir un proveedor hasta confirmar la recepción de los fondos. Armado con este conocimiento, puedes gestionar con confianza tus transacciones financieras internacionales, asegurando que tu dinero no solo llegue a su destino de manera segura sino también de la manera más rentable posible. Ya sea que estés apoyando a familiares en el extranjero, pagando por servicios internacionales o gestionando inversiones globales y finanzas personales, el enfoque correcto para las transferencias de dinero internacionales puede marcar la diferencia.
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Financial Education
Your essential guide to the bank routing number in the U.S.
8 min de lectura
The bank routing number, or ABA Routing Number, is essential information for making money transfers. It is a 9-digit code used to identify each financial institution in the United States.
This code is so important because it ensures that electronic transactions are carried out correctly and that funds reach the designated bank.
In this article, we offer a complete guide to help you understand what a bank routing number is, what it does, where to find it, and how it is used in everyday electronic financial transactions.
What is a bank routing number (ABA), and why is it essential in the U.S. banking system?
An ABA routing number, or transit routing number, is a unique 9-digit code that serves as an identifier for each financial institution in the United States.
It differs from a bank account number in that an account number is personal, valid for the use of a single user only. By contrast, the routing number is a unique identifier for banks, credit unions, and digital banks.
The primary function of the routing number is to allow financial institutions to precisely identify which bank to send to or receive from during routine operations such as direct deposit of payroll, automatic payments (ACH), and electronic transfers.
It is important to note that this code is different from a bank account number and is not equivalent to the IBAN (International Bank Account Number), which is a set of numbers used especially in Europe to identify international bank accounts and is composed of the country code, check digits (the checksum of the bank account number), and a bank account number.
In the United States, however, the SWIFT/BIC code is used for international money transfers, not the IBAN.
Here are some crucial functions of the bank routing number in digital transactions.
Unique bank identification
The bank routing number helps prevent errors when identifying a specific bank and processing a transfer from one institution to another, even when they have similar names or many branches across the country.
Facilitates electronic transfers
This code is also indispensable so that ACH systems and wire transfers can send funds to the correct destination, quickly and securely.
Key for direct deposits
The ABA number is also essential for employers to make direct deposits, using that code together with the checking account number, without the need for checks or cash.
Automated bill payments
To set up automated payments for services such as electricity, water, and online subscriptions, you must provide the bank routing number so the billing system can process the transaction automatically.
Handling funds between banks
This number is also indispensable for transactions involving multiple financial institutions, such as interbank transfers or check clearing.
How to find a bank routing code and your bank account number
By now, the importance of the ABA number is clear. But how do you find a bank routing code? Knowing this information is the first step to making transfers correctly.
Likewise, it is essential to understand how to find your bank account number and to tell one number from the other to avoid confusion.
The routing number consists of 9 digits and identifies the bank. The account number has usually 10 to 12 digits and identifies the individual account within the bank.
To find your account number, look at the bottom of a check; it is the series of numbers that follows the routing number. You can also find it at the top of a statement or directly in the mobile application.
It is essential to make sure you have the correct routing number before making a transfer. Therefore, it is advisable to confirm it directly with your financial institution to avoid errors.
Many users ask where to find the routing number on a physical debit card. However, the routing number is not printed on such instrument because it is intended for digital transfers, not for payments at physical merchants.
These are the most common places to find the routing number for your bank or financial institution.
On your checks
Check the lower left corner of your personal or business checks; the routing number is the 9 digits shown there.Another relevant detail is the check number, which is usually at the top.
Mobile application
Another way to find this code is to access your mobile application and go to the transfers or direct deposit information section.
Bank statements
Check your latest bank statement, whether physical or digital; the routing number may appear in a section of that document.
Direct contact with your bank
If you have any doubt about the routing number, you can contact your bank by phone or visit a branch so they can clarify any questions before you make a bank transfer.
Your routing number and account: Key tools for your finances in the U.S. with Comun
Throughout this article, we have learned the importance of both the bank routing number and the bank account number in the U.S. financial system. Both are indispensable for carrying out fast and secure digital transactions.
Being clear about what a bank’s ABA number is not only lets you carry out digital transactions with ease but also gives you financial autonomy to allocate your resources toward the services you need for your well-being.
The U.S. financial system can seem complicated, especially for immigrant communities. That is why Comun seeks to streamline processes and offer transactions without complications.
- Receive and send money easily from your mobile application
- Integrate other applications and enhance your experience
- Access support available in Spanish and English
- Send international remittances with fees starting at $2.99 USD, up to the applicable limits.
- Get started with official ID from your country
Open your account today and discover an ally to manage your finances in the United States.
Frequently Asked Questions
If you have more questions, check our frequently asked questions section.
Where can I find my routing number if I don’t have checks?
You can find it on your account statement or by calling the bank directly.
What is the routing number for ACH transfers?
It is the code that identifies each bank and consists of 9 digits.
Is the routing number the same for all banks?
No. Each bank has a different routing number.
What is the routing number on a card?
The routing number does not appear on physical cards.
What is the routing number on a check?
It is found at the bottom of a check and consists of 9 digits.
Checking account
Cómo Depositar Dinero en la Cuenta Bancaria de Otra Persona
8 min de lectura
Entendiendo los Conceptos Básicos
En el mundo interconectado de hoy, la capacidad de depositar dinero en la cuenta bancaria de otra persona es una habilidad valiosa. Ya sea que estés ayudando a un amigo necesitado, gestionando los gastos del hogar o dirigiendo un negocio, entender los matices de transferir fondos de manera segura es esencial. Las transferencias de banco a banco son un método popular para transferir dinero de un banco a otro, utilizando funciones de transferencia externa en los sitios web de los bancos y las cooperativas de crédito como ubicaciones viables para estos servicios. Comparar las transferencias de banco a banco con otros métodos, como las transferencias electrónicas y las aplicaciones de transferencia de dinero, es crucial, ya que pueden existir posibles tarifas y límites a considerar.
Diferentes Métodos de Depositar Dinero
Existen numerosas formas de depositar fondos en la cuenta bancaria de otra persona, incluyendo conocer los detalles de la cuenta bancaria del destinatario para transferencias electrónicas, lo cual es crucial para una transacción fluida:
- Depósitos en Efectivo: Hacer un depósito en efectivo directamente en una sucursal bancaria es sencillo, pero puede estar sujeto a limitaciones o restricciones debido a políticas de seguridad.
- Transferencias de Banco a Banco: Las transferencias bancarias en línea o las transferencias electrónicas entre cuentas bancarias se utilizan comúnmente para transferencias más grandes o urgentes.
- Servicios de Terceros: Utilizar aplicaciones de transferencia de dinero como Venmo, Apple Cash y PayPal es una forma popular y fácil de enviar dinero electrónicamente de manera instantánea. Estas aplicaciones requieren que los usuarios creen una cuenta, vinculen una fuente de pago como una cuenta bancaria o tarjeta, y aseguren que el destinatario tenga una cuenta con la misma aplicación, ofreciendo una solución conveniente para transferencias rápidas entre personas.
- Cheques: Depositar un cheque personal o de caja puede ser más seguro cuando se transfieren cantidades significativas.
Esta sección puede discutir los beneficios de cada método, como las cantidades mínimas de depósito directo o las posibles tarifas de transferencia electrónica, y los plazos esperados, desde el mismo día hábil hasta unos pocos días hábiles para el procesamiento.
Paso a Paso: Depositar Efectivo y Cheques
Depositar dinero en la cuenta bancaria de otra persona puede ser esencial por varias razones. Las personas a menudo necesitan transferir fondos para pagar el alquiler, ayudar a miembros de la familia o liquidar cuentas directamente en la cuenta de otra persona. Este proceso, que implica transferir dinero directamente a la cuenta bancaria de otra persona, generalmente a través de transferencias ACH o transferencias electrónicas, es legal y está regulado para prevenir problemas como el lavado de dinero. Es crucial tener detalles precisos como el número de cuenta bancaria del destinatario y el número de ruta bancaria. Siguiendo estos pasos detallados, puedes asegurarte de que tus transacciones se ejecuten de manera fluida y segura.
Para depositar efectivo o un cheque, sigue estos pasos:
- Reúne la Información Necesaria: Obtén el número de cuenta y los detalles de la institución financiera de la persona correcta.
- Visita el Banco: En la sucursal bancaria, completa una ficha de depósito con el número de cuenta del destinatario y la cantidad de efectivo o cheque.
- Verificación: Algunos bancos pueden requerir identificación, especialmente si estás depositando en la cuenta de otra persona.
- Recibo: Siempre obtén un recibo como prueba del depósito en efectivo o depósito de cheque, asegurándote de que los fondos lleguen a la cuenta bancaria del destinatario.
Transferencias en Línea y Pagos Móviles
Utilizar la banca en línea o móvil para depositar dinero ofrece conveniencia y rapidez. Aquí te mostramos cómo usar estas plataformas de manera efectiva:
- Configuración: Asegúrate de que ambas partes tengan cuentas en línea activas. Esto puede implicar vincular una tarjeta de débito o configurar una aplicación de banca móvil.
- Ejecuta la Transferencia: Para transferir dinero, utiliza los detalles de la cuenta bancaria del destinatario o emplea varios métodos electrónicos, incluyendo aplicaciones como Venmo, PayPal, Zelle o Western Union, para una experiencia de transacción sin problemas.
- Confirmación: Tanto el remitente como el destinatario deben recibir confirmación de que el dinero ha sido depositado en la cuenta de ahorros o cuenta corriente del destinatario.
Consideraciones de Privacidad y Seguridad
Al enviar dinero a la cuenta bancaria de otra persona, considera estas medidas de privacidad y seguridad:
- Verifica los Detalles: Revisa dos veces los detalles de la cuenta del destinatario, incluyendo el número de cuenta bancaria y el número de ruta bancaria.
- Protocolos de Seguridad: Utiliza redes seguras para transacciones en línea para prevenir violaciones de datos.
- Monitorea las Transacciones: Revisa regularmente tus estados de cuenta bancarios para detectar cualquier transacción no autorizada rápidamente. Ten en cuenta los aspectos legales y las políticas de las instituciones financieras relacionadas con el depósito de dinero en la cuenta de otra persona.
Este es un proceso que se puede dominar con una atención cuidadosa a los detalles y la seguridad. Siguiendo los pasos descritos anteriormente, puedes asegurarte de que tus transferencias de dinero sean efectivas y seguras. Recuerda, la clave para transacciones financieras exitosas reside en una preparación minuciosa y un seguimiento vigilante, asegurando que cada transacción fortalezca la confianza y la seguridad en nuestros sistemas financieros.
Legalidad y Cumplimiento
Los bancos están obligados por ley a reportar ciertos tipos de transacciones a organismos reguladores para prevenir y monitorear actividades ilegales como el lavado de dinero. En los Estados Unidos, por ejemplo, las instituciones financieras deben presentar un Reporte de Transacción en Efectivo (CTR) para transacciones en efectivo que superen los $10,000 durante un solo día hábil. Del mismo modo, las actividades sospechosas que pueden no cumplir con los criterios del CTR pero que son inusuales o no tienen un propósito legal aparente también deben ser reportadas a través de Reportes de Actividad Sospechosa (SARs).
Para los depositantes y destinatarios, esto significa que cualquier transacción grande podría llevar a un escrutinio adicional. Es importante que ambas partes mantengan registros del origen de los fondos y el propósito de la transacción, ya que estos podrían ser requeridos en una investigación o auditoría. Ser consciente de estos requisitos ayuda a asegurar que ambas partes mantengan la transparencia y eviten complicaciones legales no intencionales.
Implicaciones Legales de Transferir Dinero en Nombre de Otros
Al transferir dinero en nombre de otros, los individuos asumen responsabilidades significativas y deben ser conscientes del marco legal que rige dichas actividades. La principal preocupación legal aquí es el riesgo de involucrarse inadvertidamente en prácticas financieras no autorizadas, como operar como un transmisor de dinero no licenciado, lo cual puede conllevar severas sanciones, incluyendo multas y prisión. Es crucial tener acuerdos claros y registros cuando se manejan transacciones financieras para otra persona, particularmente en escenarios comerciales o de cuidado.
Además, transferir dinero en nombre de otros puede exponer a una persona a riesgos de fraude. Si los fondos se usan incorrectamente, tanto la persona que maneja la transacción como el destinatario podrían enfrentar acciones legales o pérdidas financieras. Es recomendable utilizar métodos documentados y canales formales para transferir dinero para protegerse contra malentendidos o fraudes, asegurando que los fondos se usen para los fines previstos.
Directrices para Transferencias Internacionales
Las transferencias internacionales no solo son más complejas debido a la participación de múltiples sistemas financieros, sino que también vienen con medidas de cumplimiento más estrictas. Al enviar dinero al extranjero, se deben considerar las regulaciones de ambos países, el remitente y el destinatario. Los requisitos de cumplimiento podrían incluir proporcionar identificación adicional, divulgar la fuente de los fondos y detallar el propósito de la transferencia.
Las tasas de conversión de moneda y las tarifas también son factores significativos en las transferencias internacionales. Las tasas de cambio pueden variar considerablemente según las instituciones financieras o servicios utilizados, lo que podría afectar la cantidad recibida en el otro extremo. Además, las transferencias electrónicas internacionales están sujetas a regulaciones como las impuestas por la Oficina de Control de Activos Extranjeros (OFAC) en los EE. UU., que puede bloquear transacciones que involucren países, individuos o entidades específicos.
Entender estas directrices ayuda a asegurar que las transferencias de dinero internacionales se ejecuten de manera fluida y legal, minimizando el riesgo de demoras o problemas legales y asegurando el cumplimiento con los estándares regulatorios globales.
Manda dinero a tu país
de manera segura⁴
Envía al extranjero con tranquilidad con tu cuenta Común¹
¡Abre tu cuenta en 3 minutos!
Conclusión
Depositar dinero en la cuenta de otra persona es un proceso enriquecido con varios métodos, consideraciones legales y pasos prácticos para asegurar transacciones financieras seguras y protegidas. Hay varios métodos, consideraciones legales y pasos prácticos para asegurar transacciones financieras seguras y protegidas al depositar dinero en la cuenta de otra persona. Ya sea que elijas depositar efectivo en una sucursal bancaria, utilizar transferencias en línea o realizar pagos móviles, entender las complejidades de cada método es crucial para una gestión efectiva del dinero.
Este artículo ha explorado los marcos legales que protegen estas transacciones y las medidas de cumplimiento necesarias para las transferencias tanto nacionales como internacionales, proporcionándote el conocimiento para navegar en este ámbito con confianza. Recuerda, la clave para transacciones financieras exitosas reside en una preparación minuciosa y un seguimiento vigilante, asegurando que cada transacción fortalezca la confianza y la seguridad en nuestros sistemas financieros. Con este conocimiento, estás bien equipado para manejar las responsabilidades de depositar dinero en la cuenta de otra persona de manera eficiente y ética.
Financial Education
How to fill out a money order: step-by-step guide
8 min de lectura
How to fill out a money order
A money order is a prepaid paper payment often used for rent, bills, or sending money securely through the mail. To fill one out correctly, you need to add the recipient's name, your information, sign the front, and keep the receipt for tracking or replacement purposes.
Money orders are still widely used in the United States, especially for situations where people need a secure paper payment method. Even in 2026, many landlords, utility companies, government offices, and individual recipients continue to accept or require money orders for certain payments.
For many people, especially immigrants, newcomers to the United States, or people without a traditional bank account, money orders can feel more accessible than personal checks. Filling out a money order incorrectly can cause delays, make the payment invalid, or create problems if the money order is lost. Knowing exactly what information to write and where to write it can help avoid unnecessary stress.
What is a money order?
A money order is a prepaid paper payment that works similarly to a check. Instead of drawing money directly from a bank account, you pay the full amount upfront when purchasing the money order.
Once completed, the money order can usually be:
- Mailed to a recipient
- Deposited into a bank account
- Cashed at approved locations
Because the payment is prepaid, money orders are often considered safer than mailing cash. Money orders are commonly used for:
- Rent payments
- Utility bills
- Government fees
- Payments sent through the mail
- Sending money to family members
- Situations where personal checks are not accepted
Most money orders also include a receipt or tracking number that can help verify whether the payment was cashed. Unlike many digital payment apps, money orders are not typically trackable in real time.
When to use a money order vs other options
Money orders can still make sense in certain situations, especially when:
- A landlord only accepts money orders
- You do not have a U.S. checking account
- You need to mail a secure payment
- The recipient does not use digital payment apps
- You do not want to share banking information
Where to buy a money order
USPS (United States Postal Service):
One of the most common places to buy money orders. Domestic money orders typically cost between $1.45 and $1.95. USPS money orders never expire.
Walmart:
Many Walmart locations offer money orders through MoneyGram services. Fees can be lower than traditional banks, although limits apply depending on the location.
Western Union:
Western Union locations also sell money orders. Some stores offer extended hours.
Banks and credit unions:
Some banks and credit unions issue money orders to account holders. Fees may vary depending on whether you already bank with the institution.
Step 1: Fill out the recipient's name
Write the recipient's full legal name in the "Pay to," "Pay to the Order of," or "Payee" section.
Tips:
- Write clearly using black or blue ink
- Double-check spelling
- Avoid nicknames unless specifically requested
- Do not leave this section blank
If the name is incorrect, the recipient may have trouble depositing or cashing the money order. Once the recipient's name is written, only that person should be able to cash or deposit the money order with valid identification.
Step 2: Fill out the sender's name and address
Write your own information in the purchaser or sender section. The form may ask for: full name, address, city and state, phone number. This helps identify who purchased the money order if there is a problem later.
Step 3: Sign the front and add a memo
Sign only where the purchaser or sender is instructed to sign on the front.
Do not sign the back.
The back is reserved for the recipient when they cash or deposit the money order.
Some money orders also include a memo or account number section. Examples: apartment number for rent, utility account number, invoice number, purpose of payment.
Step 4: Keep your receipt
The receipt usually contains: tracking information, serial number, purchase amount, date of purchase.
Keep the receipt until the money order has been cashed or deposited successfully. If the money order is lost, stolen, or delayed, the receipt may help you: request a replacement, verify whether it was cashed, contact customer support, file a claim.
Common mistakes to avoid
Leaving fields blank:
Fill out the money order completely before handing it over or mailing it.
Using incorrect recipient information:
Misspelled names or incorrect business information can delay the payment process.
Signing the back:
Only the recipient should sign the back of the money order.
Throwing away the receipt:
Always keep your receipt until the payment is confirmed.
Using pencil or unclear handwriting:
Use permanent ink and write clearly.
Mailing cash instead:
Money orders are generally safer than sending cash through the mail.
Alternatives to money orders (digital options)
Common digital alternatives include: Venmo, Cash App, Zelle, bank transfers, debit card payment apps.
For people who regularly send money within the United States or to Latin America, Común offers digital transfer options through ComunPay.
ComunPay allows eligible users to send money using: payment links, QR codes, phone numbers, email addresses, usernames, debit cards. Unlike traditional mailed money orders, digital transfers inside apps can usually be tracked directly from the phone.
Común also offers international remittances to Latin America starting at $2.99.
Choosing the right payment option for your needs
Money orders continue to play an important role for many people in the United States, especially for rent payments, government forms, mailed payments, or situations where paper documentation is preferred. For everyday sending between family members, friends, or trusted contacts, digital payment tools may feel more practical and easier to track.
FAQ
How much does a money order cost?
Money orders typically cost between $1.45 and $10 depending on the issuer, amount, and location. USPS money orders commonly range from $1.45 to $1.95.
Can a money order be cashed by anyone?
No. Once the recipient's name is written, only that person should be able to cash or deposit it with valid identification.
How long is a money order valid?
Many money orders do not expire. USPS money orders do not expire.
What happens if I make a mistake on a money order?
Avoid crossing information out. Contact the issuer about replacement options.
Can I track a money order?
You can usually verify whether it was cashed by contacting the issuer with your receipt information.
What is a digital alternative to a money order?
Venmo, Cash App, Zelle, and ComunPay for peer-to-peer transfers. Común also offers international remittances to Latin America starting at $2.99.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. The Común Visa® Debit Card is issued by Community Federal Savings Bank. Peer-to-peer payments services are provided by Cross River Bank. No minimums, no maintenance fees. Remittance service provided by Service UniTeller, Inc. Remittance fees start at $2.99 but may vary. Común Inc. may earn revenue from the conversion of foreign currencies.
Financial Education
How to Call Colombia from the United States in 2025
8 min de lectura
How to call Colombia from the U.S. in 2025 easily and affordably
The Colombian community has a strong presence in the U.S., with many immigrants arriving each year to visit, live, study, and work.
Staying in touch with family across borders matters. That’s why it’s useful to know the different ways to make international calls from the U.S. While it can seem tricky, it’s easy if you have the right codes.
If you want to call loved ones back home in Colombia, below you’ll find step-by-step dialing instructions from the U.S., examples, and a full area-code table.
Basic steps to call Colombia from the USA
Before calling anyone in Colombia, know the sequence: international prefix + country code + local number.
1. Enter the U.S. exit code – 011
This is the international prefix from a landline. If you’re using a mobile phone, use the “+” sign instead.
2. Dial Colombia’s country code – 57
This identifies Colombia in the international telephone system.
3. Dial the local number in Colombia
For landlines include the city area code. For mobile phones, dial the full 10-digit mobile number.
Examples:
- Call Bogotá (landline): 011 + 57 + 1 #######
- Call Medellín (landline): 011 + 57 + 4 #######
Area codes and dialing examples for Colombian cities
There’s a difference between calling a landline and a mobile in Colombia from the U.S.: landlines need the regional area code; mobiles are dialed using the “+” format on cell phones.
Below you’ll find the area codes for Colombia’s main cities to ensure you dial correctly when contacting your family.
City
Area code
U.S. dialing example
Bogotá
1
011 57 1 #######
Medellín
4
011 57 4 #######
Cali
2
011 57 2 #######
Barranquilla
5
011 57 5 #######
Cartagena
5
011 57 5 #######
Bucaramanga
7
011 57 7 #######
Pereira
6
011 57 6 #######
Cúcuta
7
011 57 7 #######
Santa Marta
5
011 57 5 #######
Manizales
6
011 57 6 #######
Digital alternatives and budget-friendly plans to call Colombia
The phone is a favorite way to bridge distances and stay in touch with loved ones across borders.
Years ago, international rates were expensive, making frequent calls home difficult.
Today, digital options have lowered costs and made cross-border communication much easier.
Below we show some affordable options to help you stay in touch with the people who matter most.
- Internet-voice apps (VoIP):
Mobile apps are hugely popular worldwide. They enable texting, voice notes, and voice/video calls over Wi-Fi or data—significantly cutting costs.
WhatsApp is the most popular, and other solid options include FaceTime, Google Voice, and Skype.
- International calling plans from your U.S. carrier:
If you prefer traditional calling, look for an international plan from your U.S. provider with minutes to Colombia—great for frequent calls.
You can pick plans with minutes to landlines and mobiles or Colombia-specific bundles.
Examples of U.S. carriers include AT&T Prepaid, T-Mobile, Verizon, and Ultra Mobile. Options range from unlimited international add-ons and prepaid plans with international calling to limited-minutes bundles and mixed data/calling packages.
- Prepaid calling cards as a flexible option:
If you’re in the U.S. for only days or weeks, a mobile plan may be overkill. A prepaid calling card can be ideal—no PINs in many cases and you only pay for the minutes you use.
Stay connected with family in Colombia with Común
As you’ve seen, calling Colombia from the U.S. is straightforward—just use the correct codes. You can also choose affordable alternatives like mobile apps or prepaid cards.
Staying in touch shows care and support. It also helps to have accessible services to send money and support their well-being.
Meet Común your direct link to the ones you love!
- International money transfers: the simplest way to send remittances to family with fair, transparent pricing.
- Común’s mobile app in Spanish and English: open an account with 100+ eligible official IDs and get support in your language.
Ready to revolutionize how you connect with your finances?
Open your Común account today and complement your calls with a fintech platform that supports your financial life in the U.S.
Frequently Asked Questions (FAQ)
Still have questions? Check our FAQ section below.
What if I don’t dial 011 or “+”?
If you don’t dial 011 from a landline or “+” on mobile, your call won’t be recognized as international and will fail as a local call.
What’s the cheapest way to call Colombia from the USA?
There are several affordable options—apps like WhatsApp, Skype, or Google Voice; prepaid calling cards; or an unlimited international plan. The best choice depends on your habits and how often you call.
How much does it cost to call Colombia from the USA?
Costs vary by method. For example, AT&T offers unlimited add-ons around $15/month and Verizon offers 300 minutes for about $10/month.
International Money Transfers
Sending money to Latin America? What you need to know about the new 1% tax
8 min de lectura
Sending Money to Latin America? What You Need to Know About the New 1% Tax
If you send money home to Mexico, Guatemala, Colombia, El Salvador, Honduras, or anywhere else in Latin America, a new federal law may affect the fees you pay per money transfer, depending on how you send it.
On July 4, 2025, the United States enacted the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, which introduced a new federal excise tax on certain international money transfers. The tax, set at 1% of the transfer amount, applies to remittances made on or after January 1, 2026. However, not all transfers are taxable.
If you send money from a US bank account or using a US-issued debit or credit card, your transfer is exempt from the tax by statute. The tax applies only when you pay with cash, a money order, a cashier's check, or a similar physical instrument.
Understanding whether this tax applies to you and how it may affect your transfers can help you send money home with fewer surprises.
What Is the New 1% Remittance Tax?
It imposes a 1% federal excise tax on certain outbound remittance transfers, meaning money sent from a sender in the United States to a recipient in a foreign country, through a remittance service provider.
The tax is codified under IRC Section 4475, added to the Internal Revenue Code by Section 70604 of the OBBBA. It applies to all senders, regardless of citizenship or immigration status.
The tax was effective for transfers made after December 31, 2025, with collection beginning January 1, 2026.
Who Pays the Tax? Who Doesn't?
The key factor is how you fund the transfer, not how much you send, not where it goes, and not your immigration or citizenship status.
| Subject to the 1% Tax | Exempt from the 1% Tax |
|---|---|
| Transfers funded with cash (e.g., paying cash at a remittance service provider) | Transfers funded from a US bank account at a BSA-compliant institution |
| Transfers funded with money orders | Transfers funded with a US-issued debit card |
| Transfers funded with cashier's checks | Transfers funded with a US-issued credit card |
| Transfers funded with similar physical instruments | Transfers of $15 or less (under EFTA threshold) |
Source: IRS.gov, RSM US. This information is for informational purposes only and does not constitute legal or tax advice.
This means that if you often send money back home with a remittance service provider with physical locations (for example Western Union or MoneyGram) and pay with cash, a 1% tax will be added to your total transfer amount.
However, if you send money through a digital app or bank account linked to your US checking or savings account, or pay with a US-issued debit or credit card, the transfer is exempt from the tax under Section 4475.
How Is the Tax Collected?
The tax is collected at the point of transfer. When a taxable transaction occurs, the remittance transfer provider is responsible for collecting the 1% from the sender at the time the transfer is made.
Providers must then deposit the collected taxes with the IRS on a semimonthly schedule and file quarterly returns.
The Remittance Landscape in 2026
For millions of families across Latin America, the money that arrives from a relative in the United States can pay the rent, cover school fees, or put food on the table. In 2024, Latin America and the Caribbean received an estimated $161 billion in remittances, the vast majority sent from the US. Mexico alone received over $63.3 billion. In countries like El Salvador, Guatemala, Nicaragua, and Honduras, remittances represent between 19% and 26% of GDP.
For people already stretching every dollar between their own expenses in the US and the needs of family back home, an additional cost on each transfer can have an impact. How much it affects you depends largely on the tools available to you.
Cash agent networks (Western Union, MoneyGram, Intermex):
These are the traditional in-person options, often used by senders who mostly manage cash. Transfers funded with cash at these locations are subject to the 1% tax.
Digital apps (Remitly, Wise, Xoom, Común, and others):
These platforms typically process transfers from a linked US bank account or US-issued debit or credit card. These payment methods are exempt from the tax under Section 4475. However, fees and exchange rate margins may vary by provider.
Bank wire transfers:
Transfers sent directly from a US bank account at a Bank Secrecy Act–compliant institution are exempt from the tax by statute. Bank wire fees can be higher than digital app fees.
What This Means for You
If you send money home regularly, you already know that there are costs involved: transfer fees, exchange rate margins, sometimes a fee on the receiving end. Now, depending on how you send money, there may also be a new 1% federal tax. That may not sound like much in isolation, but if you're someone already careful about managing what to keep and what to send, it can add up.
There is no single right answer for everyone. Some people that have a US bank account can shift to a digital transfer method. Others who don't have that option yet, or may have reasons for continuing to send through an agent location. Whatever your situation is, a few things may help:
Know what you're being charged:
Before confirming any transfer, you should be able to see the fee, the exchange rate, any applicable taxes, and the exact amount your family will receive. Review everything before you hit send. Some service providers, like Común, offer in-app tools to help you calculate the costs before sending anything.
Compare the total cost:
A provider that charges no transfer fee but offers a weaker exchange rate can potentially cost more than one with a modest flat fee and a fair rate. The number that matters is what arrives on the other end.
If you have a US bank account or debit card, ask your provider about your options:
Transfers funded from a US bank account or US-issued debit or credit card are exempt from the tax under the current statute.
Ask your provider directly how they handle the tax:
Some providers may have updated their apps, websites, or agent instructions. If you're sending via a digital channel linked to your US bank account or debit or credit card, ask whether that payment method qualifies for the statutory exemption.
Manage your remittances confidently with Común
Having an account to receive electronic payments, track your spending, and send money directly may help make managing your financial life in the U.S. more convenient. Común accepts more than 100 valid Latin American IDs to open a debit account. With Común you get:
- A $2.99 flat fee per remittance transfer, with no hidden charges
- A checking account held at Community Federal Savings Bank, Member FDIC. Deposits are FDIC insured up to the applicable limits
- Transparent, in-app pricing where you can see exactly what each transfer will cost, including fees and the exchange rate, before you confirm
- 24/7 customer support in Spanish
- Cash pickup options for your recipient
- The ability to send transfers from the comfort of your phone
To learn more about Común's remittance services, visit comun.app/remittances.
FAQ
What is the new 1% Remittance Tax?
It is a federal excise tax introduced by the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, codified as IRC Section 4475. It imposes a 1% tax on certain outbound money transfers from the United States to recipients in foreign countries. It applies only to transfers funded with cash, money orders, cashier's checks, or similar physical instruments.
When does the new remittance tax take effect?
The tax applies to remittance transfers made on or after January 1, 2026. It was signed into law on July 4, 2025, as part of the OBBBA. The IRS granted penalty relief to providers for the first three quarters of 2026, with full enforcement expected beginning Q4 2026.
Who has to pay the 1% tax?
The tax is owed by the sender, but it is collected and remitted to the IRS by the remittance transfer provider at the time of the transfer. It applies to all senders, regardless of citizenship or immigration status.
Are all money transfers from the US subject to the new tax?
No. The tax applies only to transfers funded with cash or physical instruments. Transfers funded from a US bank account at a Bank Secrecy Act–compliant institution, or paid with a US-issued debit or credit card, are exempt from the tax by statute.
How is the tax collected?
The remittance transfer provider collects the 1% tax from the sender at the time of transfer. Providers must deposit collected taxes with the IRS on a semimonthly schedule and file quarterly returns using Form 720.
How can I tell if my transfer is taxable?
It depends on how you're funding the transfer. If you are paying with cash, a money order, or a cashier's check at a remittance agent, the 1% tax likely applies. If you are sending money through a digital app or bank account using your US checking account or a US-issued debit or credit card, the transfer may be exempt under the current statute. Ask your provider directly to confirm how your specific payment method is classified.
Instant payments
Banks that support Zelle in 2026: Sending and receiving money in the U.S.
8 min de lectura
Banks that support Zelle in 2026: sending and receiving money in the U.S.
Zelle is built directly into many bank accounts in the U.S., which is why it has become one of the most widely used ways to send money. Today, more than 2,000 banks and credit unions offer access to the service.
Understanding how that network works is key to knowing whether you can use it with your account. That distinction matters more today than it did a few years ago. Since April 2025, Zelle is no longer available as a standalone app. Access depends entirely on whether your bank is part of the network.
What Is Zelle?
Zelle is a peer-to-peer payment network owned by Early Warning Services LLC (EWS), a company co-founded by seven of America's largest banks: Bank of America, Capital One, Chase, PNC, Truist, U.S. Bank, and Wells Fargo. It allows you to send money directly from your bank account to another person's bank account using only a phone number or email address. Transfers are typically completed within minutes.
What are the benefits of Zelle?
The main appeal of Zelle is its speed, simplicity, and convenience. Transfers are typically completed within minutes and move directly between bank accounts without the need to load funds into a separate app or digital wallet. In most cases, there are no fees for sending or receiving money, making it a practical option for everyday payments such as rent, shared expenses, or paying friends and family.
Because Zelle is integrated into your bank's app, there is usually no additional setup beyond enrolling your email address or mobile number. Funds are deposited directly into your account and are generally available quickly.
Why does bank support matter?
As of April 1, 2025, Zelle can only be accessed through participating financial institutions. If your bank or credit union does not support Zelle, you generally can't use the service.
Zelle supported banks list
Zelle partners with more than 2,300 financial institutions. To search for a specific bank or credit union, visit zellepay.com/get-started.
Below is a representative, not exhaustive list of financial institutions that currently offer Zelle:
| Name | Transfer limit |
|---|---|
| TRADITIONAL FINANCIAL INSTITUTIONS | |
| Bank of America | Up to $3,500 USD per day |
| Chase | Dynamic limit; typically $500 to $10,000 USD per day |
| Citi Bank | Up to $2,500 USD per day for accounts open longer than 30 days |
| TD Bank | $1,000 USD for instant transfers; up to $2,500 USD for scheduled transfers |
| PNC Bank | Typically $500 to $2,500 USD per day |
| Wells Fargo | Up to $3,500 USD per day |
| DIGITAL BANKS | |
| Ally Bank | Up to $600 USD per day |
| Discover Bank | $500 USD per transaction; $1,000 USD per day |
| SoFi | Up to $1,000 USD per day |
| Truist Bank | Typically $2,000 USD per day to $10,000 USD per month |
| EverBank | Up to $2,000 USD per day |
| CREDIT UNIONS | |
| BECU (Boeing Employees Credit Union) | $1,500 USD per day (instant); $3,000 USD per day (standard) |
| Bethpage Federal Credit Union | Limits vary by account and membership |
| Delta Community Credit Union | Limits vary by account and membership |
| First Tech Federal Credit Union | Limits vary by account and membership |
| Navy Federal Credit Union | Limits vary by account and membership |
Please note that Zelle limits often depend on factors such as account age, transaction history, recipient details, and other risk-based criteria established by the financial institution. Please refer to your financial institution for the most up-to-date information.
How to enroll in Zelle with your bank?
Since the standalone Zelle app has been discontinued, you must enroll through a participating bank or credit union app. The following steps generally apply to most participating financial institution apps:
- Open your bank's mobile app and locate 'Zelle' in the payments or transfer section
- Select 'Enroll with Zelle' or 'Send Money with Zelle'
- Enter your U.S. mobile number or email address
- Verify your identity using a one-time verification code
- You're then able to send and receive money using a recipient's phone number or email address
Please note that both the sender and recipient generally must be enrolled with Zelle through participating financial institutions for transfers to be completed. If the recipient isn't enrolled, they may receive instructions on how to enroll. If enrollment is not completed within the applicable timeframe, the transaction may be canceled and refunded.
Is Zelle Safe? Common scams to avoid
Zelle uses bank-level encryption and security protocols and operates within participating financial institution apps. However, many reported issues involving Zelle are associated with fraud or social engineering scams rather than technical failures.
Because Zelle transfers are typically processed quickly and may be difficult or impossible to reverse once authorized, scammers may attempt to pressure users into sending funds.
Common Zelle Scams in 2026:
Fake bank fraud alerts:
Scammers may send text messages appearing to come from your bank asking whether you authorized a transaction. After you respond, you may receive a call from someone falsely claiming to represent the bank and instructing you to transfer funds to 'reverse' fraud. In reality, the funds are being sent to the scammer.
Impersonation scams:
Scammers may claim to represent a bank, government agency, utility company, or another trusted organization and pressure victims into sending money immediately.
Marketplace scams:
Fraudsters on platforms such as Facebook Marketplace or Craigslist may request payment through Zelle. After funds are sent, the item may never arrive or the payment may later prove fraudulent.
Overpayment scams:
A scammer may claim to have 'accidentally' sent money and ask for it to be returned. Their original payment may later be reversed or determined to be fraudulent.
How to stay safe:
- Use Zelle primarily with people you know and trust
- Never send money to 'verify' your account or reverse fraud
- If you receive an unexpected call claiming to be from your bank, hang up and contact the bank using the number on the back of your debit card
- Enable transaction alerts through your banking app
- Treat every Zelle payment as potentially final before authorizing it
Are there alternatives to Zelle for people without a traditional bank account?
Zelle's transition away from a standalone app in April 2025 created challenges for individuals who do not have accounts with participating financial institutions.
Venmo and Cash App
Remain popular alternatives for domestic transfers and may not require a traditional bank account to get started. However, they generally do not support international money transfers.
Wise
Allows users to receive and send funds internationally using local bank details in many currencies. It is commonly used for international transfers and is known for transparent pricing and exchange rates based on the mid-market rate.
Común
Is a financial platform that promotes financial inclusion for individuals who may face barriers with traditional U.S. banks, offering user-friendly, Spanish-language support. With Común you can make transfers within and outside the U.S. and send money to friends and family throughout Latin America, with fees starting at $2.99 per transfer. Visit comun.app to learn more.
FAQ
Does Zelle charge fees?
Zelle itself generally doesn't charge fees to send or receive money. However, your financial institution may have its own fee structure for the underlying account. It is important to check the specific details with your financial institution.
What if my bank doesn't use Zelle?
Since the standalone Zelle app was discontinued in April 2025, your options may include opening an account with a participating financial institution or using an alternative service such as Venmo, Cash App, Wise, or Común.
Can I use Zelle without a U.S. bank account?
No. Zelle generally requires a U.S. bank or credit union account at a participating financial institution.
Can I send money internationally with Zelle?
No. Zelle supports transfers only between U.S. bank or credit union accounts at a participating financial institution. For international transfers, consumers may consider alternatives such as Wise, Remitly, or international money transfer providers.
What happens if I send money to the wrong person?
Contact your financial institution immediately. Once funds are delivered, cancellation or recovery may not be possible.
Access Matters When Choosing a Bank for Zelle
Choosing between banks that supports Zelle ultimately comes down to access and convenience. While the network is broad, access depends on maintaining an account with a participating financial institution. For some consumers, a traditional bank or credit union may meet their needs. Others may prefer platforms designed to support individuals who face barriers to accessing traditional banking services. If Zelle access is important to you, it may be helpful to consider not only which financial institutions support the service, but also which ones best fit your individual needs.
Living in the United States
What is the Alien Registration Number (A-Number)?
8 min de lectura
Alien Registration Number or A-Number: Everything you need to know if you’re in the United States
Immigrants living in the United States should become familiar with several terms and procedures to ensure their long-term stay in the country.
One way to compile all the information related to your immigration process is through the A-Number or Alien Registration Number. This identifier is assigned by the Department of Homeland Security (DHS) to foreign nationals residing in the country.
It’s very important to know this information, as it serves as the identification number for your immigration file.
In this article, we’ll explain what the Alien Registration Number is, what it’s used for, and why it’s so important for immigration procedures.
What is the Alien Registration Number (A-Number) and what is it for?
The first step to identifying an A-Number is knowing that it always begins with the letter “A” and contains 8 or 9 digits.
The main function of this number is to allow USCIS and other agencies to quickly track immigration cases and applications related to each person.
Here are some examples of when the A-Number is used:
- To track your permanent residence (Green Card) application.
- When you apply for a work permit (EAD).
- If you apply for an adjustment of status, your A-Number will be used to link your case file.
Where can you find the Alien Registration Number, and who receives it?
To locate your A-Number, you can check several official documents issued by USCIS or DHS, such as:
- Green Card
- Employment Authorization Document (EAD)
- USCIS notices
- Immigration court orders
How to identify the A-Number
Below we break down how the A-Number appears on various official documents.
Document
Location
Permanent Resident Card
On the front, next to “USCIS#” or “A#.”
Work Permit (EAD)
On the front
USCIS Notices
In the upper corner or near the applicant’s name
Immigration court documents
At the top of the document.
This is a unique number assigned only to individuals with formal and permanent files in U.S. immigration agencies, such as:
- Permanent residents (Green Card holders).
- Refugees or asylees.
- Adjustment of status or work permit applicants.
- Individuals with open cases before immigration court.
On the other hand, temporary visitors such as tourists, students, or non-immigrant visa holders do not receive an A-Number since their cases do not require a permanent immigration file.
Why is the Alien Registration Number important in immigration procedures?
The A-Number is a central identifier used in multiple immigration procedures needed to regularize your status in the country.
Here are the most common uses of the A-Number in immigration processes.
Tracking immigration cases (USCIS Case Status)
If you want to track the status of your pending applications, such as permanent residence, work permit, or adjustment of status, you need to enter your A-Number in the USCIS Case Status system.
This way, you can know exactly which stage your case is in and stay informed of updates to ensure your process stays on track.
Updating personal information
It’s essential to keep your immigration records updated. If you change your address, phone number, or legal name, your A-Number will help you update your information.
This helps ensure you receive official notifications and avoid delays in important procedures.
Avoiding mistakes in immigration processes
Since the A-Number functions as a unique identifier, it also helps avoid confusion between applicants with the same or similar names.
Be sure to use your A-Number correctly when filling out forms or official documents so that all your information stays under the same file and saves time when searching for a document or specific information.
In short, this number helps simplify the immigration process for immigrants and provides a sense of security and control during procedures that can often cause stress and uncertainty.
What to do if you don’t have or don’t remember your A-Number
If you don’t have an A-Number, remember that USCIS assigns one once you start an immigration process in the United States. If you already have one but can’t remember it, follow these tips to locate it.
- Check your official documents, such as your Green Card, work permit, or any forms submitted to USCIS.
- Log in to your USCIS online account and check the “manage your case” section.
- Call the USCIS Contact Center at 1-800-375-5283, explain that you can’t find your A-Number, and ask for assistance locating it.
Avoid using a fake A-Number, as this could cause problems with immigration authorities.
Organize your immigration life while managing your finances with Comun
As you can see, the A-Number is essential to staying organized during immigration procedures. It helps keep your documents together in one file, making them easier to locate and reducing the risk of delays caused by mistakes.
Another important aspect of immigrant life in the U.S. is having the right tools to keep personal finances organized.
Meet Comun, the platform designed to help immigrants manage their finances with ease.
Here are some of the benefits Comun offers:
- Open an account with a qualifying official identification from your home country.
- Send money to several countries with clear and competitive fees, up to the applicable limits.
- Access support in both Spanish and English.
Want to discover a truly fair and accessible financial service? Open your Comun account today!
Just as your A-Number helps you keep your immigration documents organized, Comun helps you maintain your financial stability in the United States.
Frequently Asked Questions (FAQ)
If you still have questions, check out our FAQ section.
What is the USCIS number? Is it the same as the A-Number?
The USCIS number appears on your permanent resident card or work permit. It’s actually the same identifier as your A-Number, which appears on these documents preceded by “USCIS#.”
What is the Alien Number?
The Alien Registration Number is the official name for the A-Number assigned by DHS or USCIS to individuals who are not U.S. citizens, allowing them to track their immigration process through a unique file.
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Instant payments
How do I send money through Xoom? Your complete 7-step guide
8 min de lectura
Today, sending money to other countries has become a basic need for millions of immigrants living in the United States.
According to the IDFR ( International Day of Family Remittances) campaign in 2025, over the last decade, immigrants sent around 5 trillion dollars in remittances to their countries of origin, which are essential for food, housing, health, and other basic expenses.
To meet this need, there are applications such as Xoom, a PayPal service for transferring money using various payment methods and in a secure manner.
In this guide, we will review how to send money with Xoom step by step, its main features, and some alternatives to connect with your family outside the U.S.
What is Xoom, and is it safe to send money with this service?
Xoom is a digital transfer network owned by PayPal that operates entirely online and offers different sending options to facilitate transactions.
It has become one of the most popular options for making international digital money transfers, due to the backing provided by PayPal, which gives users a sense of security.
In addition to PayPal’s backing, Xoom has high security standards for transferring money, such as SSL encryption and the VeriSign seal.
Additionally, its services are available to send money from the United States to more than 70 countries, including Mexico, Guatemala, Honduras, Peru, among others.
7 detailed steps to send money with Xoom
To send money through Xoom, just follow the steps below.
Access Xoom (web or mobile application) and sign in or register
You can choose to log in via the website www.xoom.com or the mobile application. Once there, sign in or open an account with your email address. You can also use your PayPal account to access.
Select the destination country and the amount to send
Choose the country to which you want to send the transfer. Then you will see the sending options available for the selected destination.
Choose the sending method
Xoom offers the following payment methods:
- Bank deposit
- Cash pickup at physical locations, such as Oxxo or Elektra
- Mobile top-up
- Bill payment
- Cash delivery
Provide the recipient’s details
The information you must enter is:
- Full name, as it appears on their official ID
- Address
- Phone number
- Bank account (if applicable, depending on the sending method)
Select your payment method
Next, enter the amount you want to send and select the payment method, among which are:
- Linked bank account
- Debit card or credit card
- Available balance in your PayPal account
Review and confirm the transaction
Before confirming the transfer, Xoom will display the details so you can verify they are correct, along with the amount corresponding to fees, as well as the exchange rate used for the currency conversion.
Track your transfer with the tracking number
Obtain a tracking number and check the status of your transfer directly in Xoom’s application or website.
Key aspects to consider when using Xoom
Although Xoom is a popular alternative for making fast and secure transfers, it is important to consider several aspects before choosing this option.
Sending fees
Xoom’s sending fees are not fixed; they depend on the destination country, the amount to send, and the payment method.
Generally, the most expensive method is with a credit card and the least expensive is through an account.
| Platform | Fee | Exchange rate | Delivery time | Delivery options |
|---|---|---|---|---|
| Xoom | From 2.99 USD, depending on the sending type | Less favorable | Minutes to hours | Bank deposit, cash pickup, home delivery |
| Común | Fee starting at 2.99 USD, up to the applicable limits | Competitive (Clarification: Results may vary depending on destination country and sending method) | Minutes | Cash pickup, bank deposit |
Exchange rate
The exchange rate can be another drawback because, in addition to being calculated directly on Xoom’s platform, it varies depending on the selected transfer method.
Sending limits
Xoom imposes sending limits that depend on each account’s verification level. For unverified users residing in the U.S., the daily limit is $2,999 USD. By contrast, verified users can send up to $10,000 or $50,000 USD per day, depending on their verification level.
Receiving options
Xoom has different receiving options, but they may vary depending on the destination country.
In general, it is possible to send money for cash pickup at different payout locations, by bank deposit, top-up, or bill payment.
Security and reliability
Xoom is backed by PayPal, in addition to SSL/TLS encryption to protect your financial information and anti-fraud monitoring to ensure your money reaches its destination.
Delivery times
Generally, money transfers via debit card and cash are reflected within minutes. However, other sending methods, such as bank deposit, can take from 1 business day.
The total time will appear before you confirm your transaction in Xoom’s application or on its website.
Accessibility
Xoom is also available in Spanish and, overall, is easy for migrants in the United States to use.
Modern alternatives to sending money with Xoom: Why is Común a smart choice?
Sending money outside the U.S. is essential, as is having efficient international transfer services such as Xoom. However, there are also more innovative options that offer you greater advantages and lower costs so that your family and friends receive much more.
Común is an innovative and comprehensive financial service that meets the financial needs of users living in the United States, especially immigrants. Unlike Xoom, Común has a specialized focus and transparent fees.
With Común:
- Open your account with an official ID from your country; more than 100 identifications are accepted.
- After your first free transfer, pay a fee starting at $2.99 USD per transfer, up to the applicable limits.
- Access customer service in Spanish and English, available 24/7.
- Get a Visa debit card to make purchases at physical merchants.
- Manage your finances from Común’s mobile platform, where you can sync your external bank account and manage your finances from the Común platform.
Still unsure which option is most convenient for sending money? Discover Común and get to know the easy and safe side of finance.
Frequently asked questions
If you want to learn more, see our FAQ section
How do I send money from Mexico to the United States using Xoom?
It is not possible to send money from Mexico through Xoom, since it only allows transfers from the United States, Canada, and other European countries.
How long does it take for money to arrive via Xoom?
Depending on the sending method, it ranges from minutes to up to 3 business days.
Is it safe to use Común to send money to Latin America?
Yes, Común has the necessary security measures in place to keep your money and personal data safe.
Can I use Común even if I don’t have a PayPal account?
Yes, Común is an independent platform from PayPal, and you can open an account with official ID from your country.
Can I make cash deposits if I don’t have a bank account in the U.S.?
Yes, Común allows you to deposit cash at numerous locations near you.
Financial Education
Popular apps to send money from the United States: 2026 comparison
8 min de lectura
Popular apps to send money from the United States
The short answer is that it depends on what you're looking for. Whether you're splitting rent with a roommate, paying a friend back for dinner, or sending money home to your family in Mexico or Guatemala, there's an app for it. The key is selecting which one to use and when.
Sending Money from your phone
Today, millions of people living in the United States send money in minutes from their phones. This can be done to another person's bank account for someone sitting across the table from you at lunch or to a family member in a different country.
However, it is important to consider that not all apps work the same way, and choosing the right one for you could save you time or money. Some service providers offer fixed fees, while others offering international transfers include the cost in the exchange rate. This directly impacts how many pesos, quetzales, or lempiras your loved ones receive after the conversion.
How to compare money transfer apps?
It is recommended to look at three key factors that could impact the real cost of any transfer:
The transfer fee
The flat fee or percentage charge that is presented before the transaction is made. Some apps charge both a transfer fee and an exchange rate markup, while others charge only one. For domestic transfers within the United States, the fee is often the main cost to evaluate.
Speed
Faster delivery options could have a higher cost. Many apps offer a standard option that takes a few days at a lower cost, and an express option for more urgent transfers. For domestic transfers in the US, instant or same-day delivery is more common, though it may still carry an extra charge depending on the provider.
The exchange rate spread
For international transfers, this is the gap between the mid-market rate and the rate the app offers you. It is one of the most important cost drivers when sending money abroad. For domestic transfers in the US, there is no currency conversion, so this factor does not apply.
An overview of popular money transfer apps from the U.S.
| App | Cost | Speed | Transfer limits | Additional features | Coverage |
|---|---|---|---|---|---|
| Venmo | No fee (bank account/balance); 3% (credit card); instant transfer to bank: 1.75% (min $0.25, max $25) | Up to 1 day (standard); ~30 min (instant) | Up to $299.99/week (unverified); up to $60,000/week (verified) | Social payments feed; online and in-store purchases; Cash Card debit card | U.S. only |
| Zelle | No fee (some banks may apply fees) | Minutes | Limits vary by bank | Built into most major U.S. bank apps; no separate account needed | U.S. only |
| Cash App | No fee (bank account/debit card); 3% (credit card); instant transfer to bank: 0.5%–1.75% (min $0.25) | Standard: 1–3 business days; instant: ~minutes | Up to $7,500/week (verified users) | Cash Card debit; Bitcoin and stock investment; direct deposit | U.S. only |
| Común | No fee (U.S.); from $2.99 (international) | Instant to ~8 minutes (average) | $2,999/day · $4,999/7 days · $9,999/30 days · $19,999/90 days | Cash pickup and delivery; bank deposit and digital wallet; app in Spanish | U.S. and Latin America |
| Western Union | $3–$30+ (varies by amount, country, and method) | Minutes to several days (depends on method) | Up to $5,000 online | Cash pickup and delivery at 200+ country agent network; bank deposit and digital wallet | 200+ countries |
| Remitly | $0–$3.99 (varies by amount and method); first transfer may have a promotional rate | Express: minutes to same day; Economy: 3–5 business days | Up to $100,000 (verified U.S. users) | Express and Economy tiers; cash pickup; home delivery in select countries | 170+ countries |
| Wise | Variable fee from ~0.48%; mid-market rate with no markup | Instant to 2 days | Up to $1,000,000 per ACH transfer (verified) | Multi-currency account (40+ currencies); transparent fee shown before confirmation | 140+ countries |
| Revolut | No fee between Revolut users; Standard plan: no exchange fee up to $1,000/month on weekdays, then 0.5%; weekend transfers ~1% | Instant (Revolut-to-Revolut); up to 3–5 business days (external) | No preset maximum for most currencies | Savings tools; spending analytics; 25+ currency account; prepaid debit card | U.S., Europe, Latin America, Asia |
| PayPal | No fee (domestic, bank/balance); international personal transfers: 5% (min $0.99, max $4.99) + currency conversion spread 3–4% | Generally immediate | Up to $10,000 per transfer (verified accounts) | Accepted at millions of merchants globally; supports multiple linked payment methods | 200+ countries |
Data based on official provider sources as of April 28, 2026. Fees, limits, and exchange rates change frequently — always confirm current terms directly with each provider before sending. This table is for informational purposes only and does not constitute financial advice.
Reviewing six popular remittance apps in the U.S.
Sending money within the United States is not the same as sending money abroad. The costs and logistics work differently, especially when currency exchange comes into play.
1. Común
Común is a digital financial platform that offers services in Spanish and supports both domestic transfers and remittances to countries across Latin America. Users can receive direct deposits into a Común account and send money from the same balance. Transfers are typically completed within minutes, with an average delivery time of around eight minutes depending on the destination and method. Común also operates with cumulative transfer limits over time: $2,999/day · $4,999/7 days · $9,999/30 days · $19,999/90 days. To learn more visit comun.app/remittances.
2. Remitly
Remitly offers multiple delivery options, including bank deposits, cash pickup, and mobile wallets. The app tends to offer promotional exchange rates available for the first transfers; however ongoing transfers tend to include a different spread. It is important to review each service provider's exchange rate spread. Speed is flexible: Express transfers are faster but could come with a higher cost embedded in the rate.
3. Wise
Wise shows the mid-market rate and charges with a clearly defined fee. This model makes it easier to understand what you are paying. It is an app that users have reported to be useful when managing multiple currencies or sending money to different regions across the world.
4. Xoom
Xoom is part of PayPal, which can be convenient if you already use PayPal regularly. Transfers are generally quick to initiate and familiar for those who already know the platform. In some cases, exchange rates may include a wider spread compared to more specialized remittance providers, so it can be useful to check the rate offered on the day of the transfer.
5. Western Union
Its biggest advantage is cash pickup. Recipients can collect money in thousands of locations, which can be useful for those receiving the money who don't have bank accounts. The costs vary widely depending on how you send and receive money.
6. Felix Pago
Felix Pago operates through WhatsApp, which could simplify the transfer process for some users. It is primarily focused on transfers to Mexico, and pricing can be competitive in certain cases, though exchange rate spreads may vary depending on the transfer method and timing.
Which app works best for each country?
The reality is that it depends on specific needs, whether it is lower costs, delivery options or speed. Mexico is one of the largest recipients of remittances globally — most major apps support transfers from the United States to Mexico. Guatemala and Honduras are supported by several providers, including Común, Remitly, Western Union, and Xoom. Colombia and El Salvador are also served by a mix of providers.
What's the best exchange rate available right now?
It changes. Exchange rates fluctuate with currency markets, and provider margins shift with them as well. The recommended approach is to model your specific transfer before sending. Some app service providers offer tools to enter the amount and calculate the amount your recipient would actually receive.
What can I look out for when sending money?
Typos in recipient information:
These are the most common and costly errors. A wrong digit in a phone number or account number can delay a transfer for days or send money to the wrong person entirely.
Sending on a Friday afternoon or holiday weekend:
This often means that the money won't arrive until Monday or Tuesday, even for services that advertise same-day delivery.
Choosing the wrong delivery method:
A bank deposit doesn't help someone who doesn't have a bank account. A cash pickup location that's far from your recipient's town isn't convenient, no matter how fast the transfer is.
Not comparing rates for larger transfers:
The exchange rate spreads and fees directly affect the final amount the person receives.
FAQ
Which app charges the least?
It depends on the destination, amount, speed, and delivery method.
Which app is the fastest?
Speed can vary between domestic transfers within the United States and international remittances. Some providers offer faster delivery options that may come with an additional cost.
Can I send money without a bank account?
Some financial service providers like Común allow you to open an account with your home country's official ID which may be used to manage your finances and send money. Western Union also accepts cash payments at agent locations.
Are these apps safe?
Many money transfer apps operating in the United States are registered with financial authorities and are required to follow regulations related to consumer protection and anti-money laundering. Issues are often linked to user input rather than the platform itself.
The right app depends on what you need
The right app depends on what you need, and that can change over time. There is no single option that fits every situation. What tends to make the biggest difference over time is paying attention to the full picture, including fees, timing, and the final amount your recipient receives.
If you send money regularly to Latin America, it may be worth exploring options that combine everyday banking with remittances in one place. Visit comun.app to learn more.
Remittance service provided by Service UniTeller, Inc. Service UniTeller, Inc. is licensed in all states that require a license. Remittance fees start at $2.99 but may vary. Please check the app for more details. Comun Inc. may earn revenue from the conversion of foreign currencies.
Living in the United States
Minimum wage in the United States in 2026: Complete guide by state
8 min de lectura
Minimum wage in the United States in 2026
The federal minimum wage remains $7.25 per hour, unchanged since 2009 under the Fair Labor Standards Act.
However, that number does not reflect what all workers earn. Many states, some cities and counties have set higher minimum wages, which means that your legal minimum pay depends on where you work.
Understanding the minimum hourly wage in the USA is not just about knowing the federal number. It's about knowing whether you are being paid what you are legally owed.
Why has it stayed the same for so long?
Changes to the federal minimum wage require approval from Congress. While there have been multiple proposals to increase it, none have passed into law. As a result, the federal rate has not kept up with inflation or the rising cost of living.
In practice, this means the federal minimum wage acts as a baseline, not the standard in many parts of the country.
Minimum wage by state in 2026
Workers must be paid the highest applicable minimum wage, whether it comes from federal, state, or local law.
Below is a representative minimum wage by state table for 2026. It is important to always verify your local rate, as some cities have higher minimums.
| Rate | State(s) | Notes |
|---|---|---|
| $17.95 | Washington, D.C. | Highest in U.S. Adjusted annually on July 1 via CPI formula |
| $17.13 | Washington State | Highest state, CPI-indexed; first state to exceed $17 statewide |
| $16.94 | Connecticut | — |
| $16.90 | California | Fast food workers at chains with 60+ locations: $20.00/hr. No tip credit permitted. |
| $16.00 | New York (rest of state) · Hawaii · Rhode Island | New York City, Long Island & Westchester: $17.00/hr · Hawaii from $14.00 in 2025 |
| $15.92 | New Jersey | Lower rate applies for small employers (≤5 employees) |
| $15.74 | Oregon | Portland metro area: $17.00/hr · Non-urban areas: $14.20/hr · CPI-indexed annually |
| $15.16 | Colorado | Denver: $19.29/hr · CPI-indexed annually |
| $15.15 | Arizona | CPI-indexed annually |
| $15.10 | Maine | — |
| $15.00 | Delaware · Illinois · Maryland · Massachusetts · Missouri · Nebraska | Local rules may apply |
| $14.42 | Vermont | CPI-indexed annually |
| $14.00 | Alaska · Florida | Alaska increase effective July 1, 2026; Florida effective September 30, 2026 |
| $13.73 | Michigan | Scheduled to reach $15.00 on Jan 1, 2027 |
| $12.77 | Virginia | Legislation passed to reach $15.00 by 2028 |
| $12.00 | Nevada · New Mexico | State rate applies where higher than federal |
| $11.85 | South Dakota | CPI-indexed annually |
| $11.41 | Minnesota | CPI-indexed |
| $11.00 | Ohio | CPI-indexed · Businesses with gross receipts under $394,000: $7.25/hr |
| $10.85 | Montana | CPI-indexed annually |
| $10.55 | Arkansas | State rate applies where higher than federal |
| $7.25 | Texas · Idaho · Indiana · Iowa · Kansas · Kentucky · New Hampshire · North Carolina · North Dakota · Oklahoma · Pennsylvania · Utah · Wisconsin | Federal FLSA minimum generally applies to covered employers |
| $5.15* | Georgia · Wyoming | *State law is lower, but FLSA-covered employers must pay the federal $7.25 |
| No state minimum wage law | Alabama · Louisiana · Mississippi · South Carolina · Tennessee | No state minimum wage statute; federal $7.25/hr applies under the FLSA for covered employers |
Source: https://www.dol.gov/agencies/whd/minimum-wage/state
A few things worth noting: The states in the $7.25 group include states that adopted that rate under state law, while Georgia and Wyoming technically maintain a lower state minimum wage of $5.15 per hour. However, for most employees covered by the Fair Labor Standards Act (FLSA), the federal minimum wage of $7.25 per hour generally applies instead.
Three states have mid-year increases scheduled for 2026: Alaska jumps to $14.00 on July 1, Florida rises to $15.00 on September 30, and Oregon adjusts as well.
States with the highest minimum wage
Some states and cities have set wages far above the federal level to match actual local living costs. The highest minimum wages in 2026 are found in:
- Washington, D.C. at $17.95
- Washington State at $17.13
- Connecticut at $16.94
- California at $16.90
If you are working in one of these places, your pay should reflect at least those standards and not the federal minimum.
States with the lowest minimum wage
Several states' laws set their minimum wage below what the federal minimum wage indicates; in this case the federal standard of $7.25 per hour takes precedence. Some of them are:
- Georgia at $5.15
- Wyoming at $5.15
- Alabama and Louisiana — no separate state minimum wage law
If you live and work in these states and work minimum wage, your salary should reflect the federal minimum hourly wage in the USA.
Minimum wage for tipped workers
For tipped workers, it's important to understand that federal law permits a lower base wage. Under the Fair Labor Standards Act, employers can pay as little as $2.13 per hour as long as tips bring total earnings to at least the applicable minimum wage.
If tips do not cover the difference, the employer must make up the gap. However, some states, like California, do not allow this lower rate and require full minimum wage regardless of tips. It is important to check with your official local authorities the specific laws in your state for tipped workers.
Minimum wage for young workers
Workers under 20 years old can be paid a youth minimum wage of $4.25 per hour during their first 90 consecutive calendar days of employment. After that period, or once the worker turns 20, employers must pay the standard minimum wage.
What if your employer pays you less than minimum wage?
If you are being paid less than the legal minimum wage, your employer may be violating federal, state, or local labor laws.
Workers generally have the right to:
- Be paid at least the applicable minimum wage
- Receive overtime pay where required by law
- Keep records of hours worked and wages received
Employees can report potential violations to the U.S. Department of Labor's Wage and Hour Division. In general, labor law protections relating to minimum wage and overtime apply regardless of immigration status.
How much do you earn on minimum wage?
Assuming full-time work at 40 hours per week, your monthly and annual income could look like this (before taxes):
| Hourly Wage | Monthly Income (approx.) | Annual Income (approx.) |
|---|---|---|
| $7.25 | ~$1,256 | ~$15,080 |
| $13.00 | ~$2,253 | ~$27,040 |
| $16.50 | ~$2,860 | ~$34,320 |
These figures are estimates before taxes and depend on consistent full-time hours.
Is minimum wage enough to live in the U.S.?
In many parts of the country, the minimum wage does not fully cover the cost of living. Expenses such as housing, transportation, food, and healthcare vary widely by location. In states like California or New York, where the cost of living is high, even with better rates for minimum wages it may not be enough to support a family without an additional income.
It is important to consider the minimum wage and costs of living by state when choosing where to live and work.
How you get paid matters
Once you are earning, how you receive and manage your money can make a real difference. Some workers are paid by check or even in cash, which can make it harder to track income, build financial history, or send money to family.
Having a bank account or financial services platform may help:
- Receive direct deposits
- Track your income and expenses
- Send money securely to family members abroad
- Start building a financial roadmap to eventually access credit and build a credit history
For those who may not have access to traditional banking, there are a wide range of financial service providers and platforms including Común, which offer the ability to open a debit account with a passport or Matrícula Consular while you wait for your ITIN. You can manage your money through a mobile app which is also available in Spanish. Visit comun.app to learn more.
FAQ
Does the minimum wage increase in 2026?
The federal minimum wage remains $7.25, but many states continue to raise their rates annually.
What is the minimum wage in my state?
It depends on where you live. Always check your state and city laws, as local rates may be higher.
Can I be paid less if I am an immigrant?
No. Labor laws apply regardless of immigration status. You are still entitled to minimum wage and overtime protections.
Understanding your pay and what comes next
The minimum wage in the United States is not a single nationwide standard for all workers. It is a system shaped by federal law with state adjustments. Knowing the correct rate for your location is the first step. Making sure you are actually being compensated fairly is just as important.
Once you are earning, setting up a secure way to receive and manage your money can help you stay in control. With options like Común's debit account, you can receive direct deposits, track your income, and plan your finances in an app that is also available in Spanish. Visit comun.app to learn more.
Financial Education
How to Emigrate to the United States: Practical Guide and Helpful Tips
8 min de lectura
Complete Guide to Emigrating to the United States
Have you thought about alternatives to build a better future? You probably share the dream of thousands who long to emigrate to the U.S. in search of job and financial stability. Although the idea is tempting, it’s important to do it in an orderly and legal way to avoid issues with the U.S. government.
Beyond better job opportunities, people emigrate seeking education, family reunification, and safety.
The process to live legally in the U.S. can be overwhelming and confusing. This guide explains, step by step, how to emigrate to the United States to work, study, and reside.
Main Options to Emigrate to the United States
First, understand the different visa categories you can apply for to legally enter the U.S.—whether for work, family ties, or other categories.
These are the visa categories:
Employment
If your goal is to find job opportunities in the United States, you need to understand the work visa options.
- H-1B visa: for specialized professionals with a university degree or equivalent experience.
- H-2B visa: temporary non-agricultural workers.
- H-2A visa: temporary agricultural workers.
- TN visa: (NAFTA/USMCA) for Mexican and Canadian citizens in specific professions.
- EB-5 visa: for investors able to create at least 10 U.S. jobs. Also a pathway to permanent residence.
Family
Another path is the family-sponsored Green Card, which lets U.S. citizens and permanent residents help certain relatives obtain legal status.
U.S. citizens may petition for a spouse, unmarried or married children, parents, and siblings; permanent residents may petition for a spouse and unmarried children under 21.
Processing times vary but can be around 18 months. In general, the card is issued with a 10-year validity.
Visa Lottery
If you don’t fit employment or family categories, you can consider the Diversity Visa (DV Lottery), which grants 55,000 lawful permanent resident visas to nationals from countries with low U.S. immigration rates.
These are the requirements to apply:
- Be from an eligible country.
- Have a high school education and at least two years of experience in an occupation.
- Complete the online form during October–November.
Other options
Lastly, there are other alternatives for foreign nationals who don’t fit the categories above.
- Student visa (F-1 or M-1).
- Exchange visitor visa.
- Asylum or refugee status.
- Humanitarian parole or special programs.
Step-by-Step to Start Your Immigration Process
Below is the visa application process step by step.
Step 1. Research the most viable path for your profile.
First, analyze your goals in the U.S. and which visa category best fits your profile.
Step 2. Estimate process costs and initial cost of living in the U.S.
Immigrant visa costs vary by category. For example, in family sponsorship, Form I-130 or I-140 ranges from $535 to $700.
Check exact fees on the official U.S. Citizenship and Immigration Services website.
Step 3. Gather required documents (certificates, passports, diplomas, records, proof of income, etc.).
Each visa type requires specific documents; below is a general list of the most important items.
Valid passport.
- DS-160 (temporary visas) or DS-260 (immigrant visas).
- Proof of consular fee payment.
- Recent visa-style photo (2x2 inches).
- Job offer letter.
- USCIS employment authorization document.
- Academic certificates, diplomas, professional degrees.
- Proof of work experience.
- Proof of financial solvency or bank statements.
Step 4. If needed, improve your English before emigrating.
While the immigrant community is large, you’ll still need at least basic English to communicate.
Step 5. Check USCIS official sources to confirm current forms and fees.
Forms and fees vary by visa type. Always consult USCIS official information.
Also keep these practical tips in mind to avoid common mistakes.
- Avoid unlicensed consultants.
- Don’t make payments on unofficial sites. Make sure URLs end in .gov.
- Keep digital copies of all official documents for easy backup.
State Options for Emigrating to the U.S. and Costs to Consider
The next key step is choosing the state where you’ll arrive once you get your visa. This choice can directly impact your success due to the cost of living, job opportunities, and minimum wage.
Several states are attractive due to job variety, access to services, and support networks.
Here is a comparative table of some of the U.S. states for immigrants.
State
Average cost to rent a room
Average cost to rent a family home
State or federal minimum wage
Texas
$1,130
$1,400
Federal minimum wage $7.25 per hour
California
$2,600
$3,500
$14.00 per hour
Florida
$1,290
$2,000
$11.00 per hour
New York
$2,125
$2,300
$15.50 per hour
Illinois
$1,140
$1,300
$15.00 per hour
Arizona
$1,171
$1,400
Federal minimum wage $7.25 per hour
Helpful Tips for a Successful Transition
Emigrating requires financial, legal, and emotional preparation. These tips help you transition more smoothly.
- Once in the U.S., open a checking account to facilitate payments and salary deposits.
- Create an initial budget for the first 3–6 months.
- Line up temporary housing before traveling—family or friends if possible.
- Learn how the healthcare system and insurance work.
- Learn how credit history works and how to start building it.
Build Your New Financial Life in the U.S. with Común
You’re one step closer to starting a new life in the U.S. Once there, you’ll need a reliable service to manage your money.
Meet Común, the financial platform in the U.S.!
Open a checking account with qualifying ID from your home country and send money to Latin America with clear, competitive fees.
Open your Común checking account and take the first step toward financial stability in the U.S.
Frequently Asked Questions (FAQ)
If you still have questions, see the section below.
How much money do I need to emigrate to the United States?
Costs depend on the visa type—check USCIS’s official site. Also include travel, housing, and basic living expenses.
Which visas are faster to emigrate with?
The TN visa takes about 2–8 weeks; temporary work visas take around 3 months.
What happens if my application is denied?
You can request a review or appeal and make the necessary corrections. If not accepted, you may submit a new application.
Thousands of immigrants are already achieving more with their money. You can too.
Comun is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank; Member FDIC. The Comun Visa® Debit Card is issued by Community Federal Savings Bank, pursuant to a license from Visa U.S.A Inc. and may be used everywhere Visa Cards are accepted.
Comun is a fintech company and not a bank or licensed money transmitter.
* Results may vary. For a complete list of eligible IDs and application requirements, follow this link.
^ No minimums, no maintenance fees. ATM or transfer fees may apply. See app for fee details.
‡ Direct deposit funds are typically available when we receive the payment file, up to two days before the scheduled payment date. This early availability is not guaranteed.
** A service provided by Service UniTeller, Inc. Service UniTeller, Inc. is licensed in all states that require a license. Remittance fees start at $2.99 but may vary. Please check the app for more details. Comun Inc. may earn revenue from the conversion of foreign currencies.
† Funds in your account are FDIC insured up to $250,000 by ownership category through Community Federal Savings Bank (CFSB), Member FDIC, in the event CFSB fails.
