Financial Education
What is a certified check and how can you make sure it’s valid?
We explain how to issue a certified check, how it differs from a cashier’s check, how much it costs, and how to verify it has funds.
8 min read
18 Dec 2025
What is a certified check and how does it work?
Certified checks are a common form of payment for thousands of immigrants living in the United States, especially for major purchases such as rent payments, buying a car, and legal settlements.
However, it is not always clear why the certification process matters and how it differs from other types of checks.
A certified check is a physical payment order that has been reviewed in advance by a financial institution to ensure there are sufficient funds in the issuer’s bank account. This is the fundamental reason it’s considered a safer form of payment than a personal check.
Below, we explain in detail what a certified check is, how it works, and why it’s important to understand the differences from other types of checks.
What is a certified check?
A certified check is a type of check with guaranteed funds, since the issuing bank has verified the money exists in the checking or personal account.
This makes it a safer form of payment than personal checks, because the bank sets aside the amount to be paid so it can be collected by the payee.
How is a certified check issued?
Issuing a certified check is a straightforward process you can complete directly at the financial institution of your choice.
- The customer requests the check
The account holder must go to a bank and request a certified check, specifying the payee and the amount.
- Customer identification
You must present an official ID to verify that you are the holder of the savings or checking account from which the funds will be drawn.
- The bank freezes the amount in the account
The bank then certifies there are sufficient funds to cover the check and freezes them to ensure the payee can cash it.
- Signature certification
You must sign the check before finishing the process so the bank can confirm the signature matches the one on file.
Affixing the certification stamp
Finally, once the bank has verified the funds and the signature, it places a certification stamp to document completion of the process.
Differences between a certified check and a cashier’s check
A cashier’s check is another way to make secure payments using a physical instrument. In this case, the bank branch issues the check after receiving the customer’s payment, so the funds come from the bank itself.
Below is a comparison between a cashier’s check and a certified check.
Cashier’s check
Certified check
Security
High; the bank verifies sufficient funds and places a hold for the payee.
Very high; the check is backed by the bank and does not depend on the issuer’s account.
Cost
At some banks they have no cost at others up to approximately $15.
Depends on the bank; typically $10–$20.
Issuance time
At the branch, after funds are verified.
Immediate.
When is a certified check typically required?
A certified check is commonly used for significant transactions or large amounts. This gives the recipient assurance that funds are available.
- Paying an apartment security deposit.
When finalizing a lease or purchasing an apartment, the landlord or agent may request payment via certified check to guarantee funds.
- Buying a used car.
Whether dealing directly with owners or dealerships, a certified check can be a suitable option because of the security it provides.
- Closing an important contract or legal settlement.
For example, to pay fees, settlements, or indemnities, certified checks provide security for both parties.
- For tuition or school fees.
Some educational institutions accept certified checks as a form of payment, especially for international or first-time payments.
Do you know what to do if a check is stolen or lost? We explain it here!
Practical tips for using certified checks safely
While certified checks are among the safest payment methods due to the bank’s verification process, there are still fraud attempts using forged documents.
With this in mind, keep these tips in mind to avoid becoming a victim of check fraud.
How to know if a check has funds and avoid scams
- Verify with the issuing bank.
Call the bank directly and provide the check number, account holder, and amount; ask them to confirm authenticity and that funds are guaranteed. Make sure you call the bank’s official number, not the one printed on the check.
- Be alert if you receive an overpayment check.
A common scam is sending a check for more than the amount due and asking for the difference in cash. Confirm the check’s validity with the bank before proceeding.
- Wait for the check to clear before handing over any goods.
Clearing can take 3–10 days. Make sure the funds have fully settled and are not just on hold.
- Avoid accepting checks from unknown parties.
Whenever possible, accept checks only from people you trust. If you must take a check, follow the security measures above.
Manage your money securely with Común
In this article we explained what a certified check is, how it’s issued, how it differs from cashier’s checks, and how to use this payment method safely.
While certified checks can be a good payment option, a checking account in the U.S. is a much more secure and practical way to manage money.
Meet Común, your financial ally in the United States!
Send, receive, and cash money within and outside the United States. Our platform lets you move your money easily, quickly, and securely. You need a qualifying official ID from your country of origin to get started.
Open your account with Común today and discover a financial platform tailored to you.
Frequently Asked Questions (FAQ)
Where can I get a certified check in the United States?
You can request certified checks at financial institutions such as banks, credit unions, and some digital banks.
How much does it cost to get a certified check at the bank?
The cost depends on the bank but is typically between $10 and $15.
What other types of checks exist in the U.S. besides certified checks?
Other types of checks in the United States include: Money order; Personal check; Cashier’s check.
Conclusion
Starting a business as an immigrant is entirely possible with the right steps. By choosing the right business structure, obtaining the necessary tax IDs, and registering properly, you’ll build a strong foundation for success.
Need an easy way to manage your business finances?
Común offers banking solutions designed for Latino entrepreneurs. Open your account today!
Olivia Rhye
Community Partner
Financial Education
What is a certified check and how does it work?
8 min de lectura
What is a certified check and how does it work?
Certified checks are a common form of payment for thousands of immigrants living in the United States, especially for major purchases such as rent payments, buying a car, and legal settlements.
However, it is not always clear why the certification process matters and how it differs from other types of checks.
A certified check is a physical payment order that has been reviewed in advance by a financial institution to ensure there are sufficient funds in the issuer’s bank account. This is the fundamental reason it’s considered a safer form of payment than a personal check.
Below, we explain in detail what a certified check is, how it works, and why it’s important to understand the differences from other types of checks.
What is a certified check?
A certified check is a type of check with guaranteed funds, since the issuing bank has verified the money exists in the checking or personal account.
This makes it a safer form of payment than personal checks, because the bank sets aside the amount to be paid so it can be collected by the payee.
How is a certified check issued?
Issuing a certified check is a straightforward process you can complete directly at the financial institution of your choice.
- The customer requests the check
The account holder must go to a bank and request a certified check, specifying the payee and the amount.
- Customer identification
You must present an official ID to verify that you are the holder of the savings or checking account from which the funds will be drawn.
- The bank freezes the amount in the account
The bank then certifies there are sufficient funds to cover the check and freezes them to ensure the payee can cash it.
- Signature certification
You must sign the check before finishing the process so the bank can confirm the signature matches the one on file.
Affixing the certification stamp
Finally, once the bank has verified the funds and the signature, it places a certification stamp to document completion of the process.
Differences between a certified check and a cashier’s check
A cashier’s check is another way to make secure payments using a physical instrument. In this case, the bank branch issues the check after receiving the customer’s payment, so the funds come from the bank itself.
Below is a comparison between a cashier’s check and a certified check.
Cashier’s check
Certified check
Security
High; the bank verifies sufficient funds and places a hold for the payee.
Very high; the check is backed by the bank and does not depend on the issuer’s account.
Cost
At some banks they have no cost at others up to approximately $15.
Depends on the bank; typically $10–$20.
Issuance time
At the branch, after funds are verified.
Immediate.
When is a certified check typically required?
A certified check is commonly used for significant transactions or large amounts. This gives the recipient assurance that funds are available.
- Paying an apartment security deposit.
When finalizing a lease or purchasing an apartment, the landlord or agent may request payment via certified check to guarantee funds.
- Buying a used car.
Whether dealing directly with owners or dealerships, a certified check can be a suitable option because of the security it provides.
- Closing an important contract or legal settlement.
For example, to pay fees, settlements, or indemnities, certified checks provide security for both parties.
- For tuition or school fees.
Some educational institutions accept certified checks as a form of payment, especially for international or first-time payments.
Do you know what to do if a check is stolen or lost? We explain it here!
Practical tips for using certified checks safely
While certified checks are among the safest payment methods due to the bank’s verification process, there are still fraud attempts using forged documents.
With this in mind, keep these tips in mind to avoid becoming a victim of check fraud.
How to know if a check has funds and avoid scams
- Verify with the issuing bank.
Call the bank directly and provide the check number, account holder, and amount; ask them to confirm authenticity and that funds are guaranteed. Make sure you call the bank’s official number, not the one printed on the check.
- Be alert if you receive an overpayment check.
A common scam is sending a check for more than the amount due and asking for the difference in cash. Confirm the check’s validity with the bank before proceeding.
- Wait for the check to clear before handing over any goods.
Clearing can take 3–10 days. Make sure the funds have fully settled and are not just on hold.
- Avoid accepting checks from unknown parties.
Whenever possible, accept checks only from people you trust. If you must take a check, follow the security measures above.
Manage your money securely with Común
In this article we explained what a certified check is, how it’s issued, how it differs from cashier’s checks, and how to use this payment method safely.
While certified checks can be a good payment option, a checking account in the U.S. is a much more secure and practical way to manage money.
Meet Común, your financial ally in the United States!
Send, receive, and cash money within and outside the United States. Our platform lets you move your money easily, quickly, and securely. You need a qualifying official ID from your country of origin to get started.
Open your account with Común today and discover a financial platform tailored to you.
Frequently Asked Questions (FAQ)
Where can I get a certified check in the United States?
You can request certified checks at financial institutions such as banks, credit unions, and some digital banks.
How much does it cost to get a certified check at the bank?
The cost depends on the bank but is typically between $10 and $15.
What other types of checks exist in the U.S. besides certified checks?
Other types of checks in the United States include: Money order; Personal check; Cashier’s check.
Financial Education
How to Endorse a Check: Your Safe and Detailed Step-by-Step Guide
8 min de lectura
Despite the fact that digital payment methods have gained significant relevance practically worldwide, checks remain essential for carrying out certain transactions, especially for people without a banking account.
According to recent data, 61% of Americans still use checks. However, 17% have been victims of check fraud.
Knowing how to endorse a check in the United States is a necessary security measure to prevent fraud. While it can be a confusing procedure, it is crucial to understand it in order to avoid issues.
In this article, we will explain step-by-step how to correctly endorse checks, as well as the information you need to write on the back in order to cash the stated amount.
What Is a Check Endorsement and Why Is It So Important in the U.S.?
A check endorsement is a signature on the back of the check that serves as authorization for it to be cashed at a financial institution.
Its main function is to validate the cashing of the check, as well as authorize the transfer of funds, or to transfer the right to another person.
Knowing how to endorse a check is essential because it is a primary security requirement in the U.S. financial system, serving as a protection measure for the holder and the deposited funds.
What Is the Correct Way to Endorse a Check, and Where Should You Sign?
Below, we show you how to complete the endorsement before cashing checks at the bank.
Step 1: Verify the Check Details
Make sure the details on the front of the check are correct, such as the payee’s name, the amount in numbers and words, and the banking institution.
Step 2: Locate the Endorsement Area
Turn the check over and locate the statement “Endorse Here” or “Do not write below this line.” Avoid writing below the marked area.
Step 3: Sign the Check Precisely
Sign the check in the designated box, according to the type of endorsement you require. Next, we will explain everything about the different types.
But what should you do if the payee’s name is incorrect?
Example of How to Endorse a Check if the Name Is Misspelled
If the payee’s name is incorrect, you should first sign as it appears and then sign again with the corrected name.
James Smit — James Smith
Step 4: Consider a Restrictive Endorsement (Highly Recommended!)
A restrictive endorsement is a security measure to prevent an unauthorized third party from cashing the check, as it limits the form of payment to a registered banking account. It is linked to the information provided on the back of the check.
Step 5: Multiple-Payee Endorsements
If the check is made out to more than one payee, one or all may need to sign the endorsement, depending on how it is written.
- Katy Adams and Mark Palmer: Signatures from both are required
- Katy Adams or Mark Palmer: One signature is sufficient
- Katy Adams and/or Mark Palmer: Depending on the intermediary bank, one or two signatures may be required
- Katy Adams, Mark Palmer, etc.: The bank determines whether one or all signatures are necessary
Types of Endorsements: Know the Options for Your Checks
Before endorsing your check, verify which type is most suitable depending on the transaction you need to perform. For example, a restrictive endorsement is a way to secure your money, just like using modern financial alternatives such as Común, a comprehensive service that gives you access to unified and efficient financial tools.
Blank Endorsement
A blank endorsement is carried out when the same payee cashes the check in cash. In this case, only the signature in the designated area is needed.
Restrictive Endorsement
A restrictive endorsement is a security measure to ensure that the funds are deposited into a specific banking account.
To do this, you must include the statement “for deposit only to” + bank name, account number, and signature.
This is the most recommended method for Común users who make deposits via mobile, as it provides protection for the check in case of loss and ensures that the money is deposited into the designated account.
Third-Party Endorsement
If the check will be cashed by a third party, it must be endorsed as follows.
Pay to the order of: (name of another person) + signature
It is important to exercise extreme caution with this type of endorsement. Use it only with trusted individuals, and in case of theft or loss of a check, report it to the financial institution immediately.
Business Endorsement
A business endorsement is made when a check is cashed in the name of a company. This requires including the full name of the company, followed by the signature of the authorized legal representative.
Mobile Deposit Endorsement
To deposit check funds through a mobile application or mobile banking, it must be endorsed as follows:
For mobile deposit only + your signature.
Deposit your endorsed check easily and securely using Común
Cashing checks is a process that requires special care and attention in order to avoid mistakes and setbacks that could affect the transaction.
This time, we learned the importance of correctly endorsing a check in the United States, as well as the different types that exist, according to the available cashing methods.
Now that you know how to fill out a check on the back, you can rely on Común to deposit the funds through the mobile app.
Skip the lines: Deposit your check from the app; availability of funds may vary.
Común offers you the necessary security to protect your money and personal data
It is an accessible platform for immigrants in the United States; request to open your account with documentation from your country
Get customer support in English and Spanish, available 24/7
Access a comprehensive mobile app to manage your personal finances in the simplest way
Común will not only make the check deposit process easier, but it will also transform your financial life in the United States. Open your account today and find out.
Frequently Asked Questions
Is it mandatory to endorse a check in the United States?
In most cases, yes, it is necessary. If you request a deposit through an ATM or application, the bank may not require an endorsement.
What happens if I sign the check incorrectly when endorsing it?
Avoid cross-outs or scratches and endorse the check again. If the bank rejects it, ask the issuer to issue a new one.
Can I endorse a check to another person?
You can endorse a check so that it can be cashed by another person with the statement “pay to order of” along with the payee’s name. However, this process is restricted according to each bank’s specific policies.
Is it safe to deposit a check with the mobile app?
It is safe to deposit a check through the Común mobile app, as your data is encrypted and it includes other security measures such as two-step verification.
Financial Education
How to Call Guatemala from the USA in 2025
8 min de lectura
How to Call Guatemala from the United States Easily and Affordably
One of the main wishes of Guatemalan immigrants arriving in the U.S. is to stay in frequent contact with loved ones through efficient and affordable telecom services.
However, confusion is common when dialing because of the codes needed to connect U.S. phone service to Guatemala.
In reality, once you have the right codes, calling Guatemala from the U.S. is quite simple—and this article shows you how.
Below you’ll learn the step-by-step dialing process with examples, plus money-saving options and tips to avoid extra charges.
3 Basic Steps to Dial Guatemala from the USA
First, know the U.S. international exit code—it goes at the very start of the number.
Here are the basic steps to dial Guatemala.
1) Dial 011 from a landline or “+” from a mobile
The U.S. international exit code is 011 (landlines). On mobile phones, use the “+” sign.
2) Dial 502 - Guatemala’s country code
The next step is to enter Guatemala’s code, which is 502. Every country has a code that identifies it internationally to connect telephony services.
3) Dial the 8-digit local number (landlines and mobiles)
Finally, dial the Guatemalan phone number exactly as it is, whether you’re calling from a landline or a mobile phone.
Keep in mind that the first digit of a Guatemalan phone number indicates whether it’s a landline (2) or a mobile (5).
Here you have some dialing examples:
- Landline, Guatemala City: 011 + 502 + 2 ### ####
- Mobile, metro area: 011 + 502 + 5 ### ####
Guatemala Prefixes: Identify Landline vs. Mobile
As mentioned in the previous section, the first digit of a Guatemalan number indicates whether it’s a landline or mobile. It also indicates the carrier and the region.
Therefore, before calling Guatemala, identify this digit so you know exactly what type of number you are dialing.
Below is a table with the prefixes to make them clearer.
Number type
Prefix
Example from U.S.
Landline, Guatemala City
2
011 502 2 ### ####
Landline, Metro Area
6
011 502 6 ### ####
Landline, rest of country
7
011 502 7 ### ####
Mobile, major operators
3, 4 or 5
011 502 3 ### ####
Modern Ways to Save on Calls to Guatemala
It’s very likely that the distance between the United States and Guatemala will make you need to place phone calls more often to keep up with your family and friends.
Fortunately, today’s international calling rates are very different from what they were a decade ago, when callers were charged per minute. That made it difficult to maintain constant communication between families living in different countries.
Today you can choose telecommunications services with far more affordable calling plans, as well as apps that work over a Wi-Fi connection.
Here are some options to call Guatemala easily.
VoIP applications
Nowadays, the easiest way to make calls—both domestic and international—is through VoIP (Voice over IP) apps, which connect over Wi-Fi or mobile data.
One of the most popular is WhatsApp, which has millions of users worldwide and, in addition to calls, also offers video calls, text messages, voice notes, and frequent updates.
Other similar apps available include FaceTime, Google Voice, and Skype.
International plans from phone carriers
Although apps offer a very affordable way to stay in touch, one downside is that call quality depends on the internet connection.
If you need consistently smooth calls, an international plan is ideal. Major U.S. carriers like Verizon, AT&T, and T-Mobile offer international plans with affordable rates.
Prepaid calling cards
Prepaid cards are a more traditional option. They’re best if you won’t be in the U.S. for long, since you only pay for the minutes you need and don’t rely on a phone plan or internet connection.
Bundles with minutes to Guatemala included
Some providers offer low-cost bundles with minutes to call Guatemala. Examples include Rebtel and Boss Revolution.
Tips to avoid extra charges on your calls
The cost of calling Guatemala can end up higher than expected. Here are some tips to keep in mind.
Common dialing mistakes when calling Guatemala:
- Not dialing the full international prefix.
If you don’t dial the U.S. exit code 011 + Guatemala’s country code 502, the call may not connect or may be billed as a domestic call.
- Adding a 0 to mobile numbers.
In Guatemala, both landlines and mobiles have 8 digits, so there’s no need to add a leading 0.
- Mixing up the first digit.
The first digit indicates landline vs. mobile. If you confuse it, the call may fail or connect using another country’s code.
- Not checking your plan or rates before calling.
Carefully review plan costs and pick the best rates to avoid overpaying.
Tips for immigrants who need to call Guatemala
- Use apps over Wi-Fi whenever possible.
Mobile apps over Wi-Fi are the most affordable option—just make sure you have a strong signal for smooth calls.
- Confirm the Guatemalan number has 8 digits.
Guatemalan numbers always have 8 digits, whether landline or mobile.
- Compare rates across providers.
Take time to compare rates and benefits—unlimited minutes, included data, social apps, etc.
Stay connected with your family in Guatemala with Común
Ready to call your loved ones in Guatemala? Remember you need the U.S. exit code, the country code, and the local number. You also learned practical tips to make the process easier.
Staying in touch across borders is essential to bridge the distance. Another way to care for your loved ones is by sending money through fair, secure services.
Discover all the benefits of Común!
- Checking account with clear, competitive fees.
- International money transfers.
- Común’s mobile app available in Spanish and English that accepts 100+ official IDs for account opening.
- Debit card for everyday purchases and payments.
Open your Común account today and complement your calls with a fintech platform that connects and supports you in the U.S.
Frequently Asked Questions (FAQ)
If you still have questions, see the section below.
What happens if I don’t dial 011 or “+”?
Your call won’t be recognized as international, so it may be treated as local or fail with an error.
What’s the cheapest option to call Guatemala?
Internet-based apps like WhatsApp are the most economical option.
How can I tell if a Guatemalan number is landline or mobile?
Landlines start with 2 and mobiles with 5.
What You Need to Open an Account at Comun¹
8 min de lectura
Unmatched Ease of Opening an Account
Opening a checking account with Comun is simple and hassle-free, addressing the barriers to financial exclusion typically faced by the immigrant community. Accepting over 100 forms of identification², including social security numbers from Latin American countries, Comun ensures that immigrants have access to essential banking services. The application process is quick, taking less than 5 minutes, and is free of additional or hidden fees, minimum balance requirements or monthly commissions. This inclusiveness is central to Comun's mission of fostering financial stability and growth.
Mobile Deposit Options
Comun: Comun offers a convenient mobile deposit feature that allows users to deposit cash at more than 88,000 locations in the United States, including major retailers such as Walgreens, Dollar General and Walmart. This extensive network ensures that users can easily find a deposit location near them, making the process of adding money to their accounts simple and hassle-free.
Traditional Banking: Although many traditional banks offer mobile deposit options, they often restrict these to check deposits through a mobile app. Cash deposits typically require a visit to an ATM or bank branch, which can be less convenient and more time-consuming than Comun's extensive cash deposit network.
Utility in Today's World: In today's fast-paced environment, the flexibility to deposit cash in a wide range of accessible locations is invaluable, especially for individuals who may not have easy access to traditional banking services or who work non-traditional hours when banks are closed.
International Remittances
Comun: Comun excels in facilitating international remittances⁴, allowing users to send money abroad quickly and with lower fees compared to many traditional banks and remittance services. The process is enhanced with real-time notifications, keeping the sender informed from the moment the money is sent until it is received.
Traditional Banking: Traditional banks generally offer international transfer services, but these can be expensive and slow, with transfers sometimes taking several days to complete. In addition, the fees associated with traditional bank remittances can be significantly higher.
Usefulness in Today's World: In a globalized economy, the ability to send money across borders quickly and affordably is crucial. Many families rely on remittances for financial support, and businesses need efficient ways to handle international transactions. Comun's streamlined and cost-effective service effectively meets these modern demands.
Advance Salary Access
Comun: Comun offers the ability to connect wages to the application and receive payment up to two days in advance³. This feature incurs no additional fees, providing significant relief during financial emergencies or when planning ahead.
Traditional Banking: Some traditional banks have begun to offer similar features, but they are often tied to specific types of accounts or require a minimum balance. The accessibility and ease of use of early access to Comun's salary is not always matched in traditional environments.
Usefulness in Today's World: With the rise of gig economy jobs and irregular pay schedules, having early access to wages can provide a buffer against financial instability. This feature is particularly valuable for those living paycheck to paycheck, offering a cushion that can help avoid overdraft fees and late payments.
Unlike traditional banking institutions, Comun's innovative features are designed to meet the needs of today's diverse and mobile population, particularly benefiting the immigrant community in the U.S. By providing services that offer greater convenience, lower costs and greater accessibility, Comun not only addresses common challenges faced by its users, but also empowers them toward greater financial freedom and stability. As we move toward a more interconnected and fast-paced world, the importance of responsive and inclusive financial services continues to grow, something Comun is uniquely positioned to offer.
Robust Security and Customer Support
Security and customer support are paramount at Comun. With FDIC-insured accounts and Visa protection on virtual Visa debit card transactions, Comun customers can manage their funds with confidence. Innovative security features such as biometric logins and instant transaction notifications keep your money safe. In addition, Comun offers 24/7 customer support in English and Spanish, ensuring that help is always available in your preferred language.
Commitment to Zero Fees and Upward Mobility
Comun stands out not only for offering zero fees for account opening, monthly maintenance or minimum balances, but also for its commitment to helping its users move up the financial ladder. Comun acts as a financial partner, supporting financial transactions without the burden of excessive fees. This commitment aligns with the goal of enabling upward mobility for immigrants, who contribute significantly to the U.S. economy.
Customized Features and Benefits
Comun goes beyond traditional financial services by offering features designed to meet the unique needs of the immigrant community. Users can send money abroad with low or no fees, deposit cash at more than 88,000 locations nationwide, including free ATM withdrawals, and connect their accounts to popular payment apps such as Zelle, CashApp and Venmo. Comun's platform also allows customers to receive their paychecks up to two days early through direct deposit, further enhancing their financial flexibility and stability.
Conclusion
Comun is not just a financial services provider, but a platform dedicated to transforming the banking experience for immigrants in the U.S. With its user-focused design, commitment to financial freedom and robust features, Comun is destined to become a vital tool for achieving financial stability and growth for its users. Whether you are looking to manage your daily finances or send money to loved ones abroad quickly and securely, Comun offers a reliable, inclusive and efficient banking solution.
Foundational Moment: Did you know?
Founded by entrepreneurs Mark Selcow and Andres Santos in New York, Comun was built to empower families and enable upward mobility, particularly for the immigrant family. The company has garnered significant investment from prominent firms such as Costanoa Ventures, FJ Labs and South Park Commons, underscoring the tremendous opportunity to serve the financial needs of immigrant families and improve the lives of every individual.
Instant payments
Learn how to use Cash App for your finances in the U.S.
8 min de lectura
The popularity of digital personal finance applications continues to grow among users in the United States. According to recent data, 8 out of 10 Americans have embraced the digital economy by using financial applications for purchases, digital payments, online banking, and more.
Cash App is one effective alternative to facilitate personal finance management. In 2024, it recorded 57 million monthly active users and $16.2 billion in earnings.
If you're curious to know what Cash App is, how it works, all its benefits, and its associated fees, below we provide all the details so you can decide whether it is the best option to meet your needs.
What Is Cash App and What Is It Used For?
Cash App is an alternative to traditional banking that operates through a mobile financial services application. Its functionality is highly versatile, as it not only allows users to send and receive money but also to make purchases and receive direct deposits from payroll.
The application was developed by Block Inc. (formerly Square Inc.) and aims to offer a comprehensive and more accessible service through digital solutions.
To open an account on Cash App, you must meet certain requirements, such as having a Social Security Number (SSN) and a U.S. bank account.
Cash App: How It Works, What Features It Offers, and What Fees It Charges
Cash App is available through its official mobile application, in which you must complete the registration and verification process to access all available features. Once completed, you may link a bank account if needed.
You will also have a Cash Tag: a unique username that allows you to send and receive money easily.
The following are the main features offered by the Cash App application:
Sending and Receiving Money
Cash App allows instant transfers between users of the application free of charge (free instant transfers; standard network fees may still apply).
Cash Card
This is a free debit card linked to your balance. It allows you to make online and in-store purchases and withdraw cash from ATMs.
QR Code
Pay directly in physical stores using a QR code.
Cash App Pay
A payment method that allows users to complete transactions in online stores and directly through the application.
Cash Boosts
You can obtain discounts at selected physical and online establishments.
Fees for Using Cash App
Although many of Cash App’s features are free, such as account maintenance, use of the Cash Card, and transfers between Cash App accounts. Below is a table with some of the main fees and charges associated with the aforementioned features:
| Service | Cost |
|---|---|
| Instant transfer to bank card | 0.5 % to 1.75 % |
| Standard transfer (1 to 3 days) | Free |
| ATM withdrawals | 2.50 USD per withdrawal |
Cash App registration requirements
If you want to use Cash App to control your finances, make sure you meet the following requirements:
Have a U.S. phone number
You can also use an email to verify your identity.
Reside in the United States or England
Cash App is only available in the United States and the United Kingdom. The application and information are available in English only.
Have a bank account
It is recommended if you want to have access to all the functions of the application.
Do the identity verification
This will allow you to access features such as sending or receiving more than 1,000 USD over 30 calendar days and applying for the Cash Card.
But remember that to perform identity verification you need:
- Full name
- Birthdate
- Social Security Number (SSN)
How secure is Cash App? : 9 important considerations
The issue of security is one of the most relevant in relation to financial services applications. You should always verify that your provider has the necessary measures in place to keep your assets and personal data safe.
For its part, Cash App has the following security measures, among others:
Multifactor authentication
Cash App requests identity authentication via email or SMS. In addition, it allows you to activate a PIN or biometry to log in.
End-to-end encryption
Your personal data stored in Cash App is secure through TLS/E2E.
System for the detection and prevention of illegal activities
Cash App has implemented technologies trained to detect unusual behavior and prevent fraud, such as machine learning and algorithms.
Subsequent payment monitoring
The application has an additional monitoring system to do a double check and detect unusual activities.
Although the above features offer some certainty regarding the application's security measures, it's always important to take into account some considerations:
Turn off automatic login
To prevent an outsider from accessing your account without your authorization, avoid using automatic login. Instead, use strong, unique passwords and enable 2-step authentication.
Beware of fraud
Stay alert to scams, either by phone or email. Never give out personal information or passwords through these means. If you need to contact application support, do so through official means.
Keep active alerts
Cash App allows you to receive alerts for your transactions directly on your cell phone. Make sure to keep them active.
Verify data before making transfers
Send money only to people you know and verify their information before confirming the operation, since once the money has been sent, it is not possible to recover it.
Activate the PIN to carry out transactions
You have the option of activating the PIN or biometric data to confirm your transfers before doing them, and avoid the use of your application by third parties in case of theft or loss.
Are you looking for more than just a payment app? Comun is your financial ally in the U.S. UU.
There is no doubt that Cash App is a popular alternative among those looking for a fairly comprehensive and easy-to-use financial solution.
But if you are looking for a financial ally that offers a simple and secure experience, with customer service and a platform also available in Spanish, we present Comun.
Comun goes beyond traditional limitations, so that immigrant communities in the United States have access to quality financial services, without complications. With Comun you can:
- Receive and send money conveniently, without complications and without the need for a traditional bank account.
- Open your Comun account with the qualified Official Identification of your country of origin.
- Get a simple mobile application for hassle-free daily international money transfers.
Open your Comun account today and breaks down the barriers of traditional financial services, language and cultural ones.
FAQs
If you still have questions about what Cash App is for and its features, check out our frequently asked questions.
What are Cash Boosts in Cash App?
These are instant discounts available on the Cash Card. To activate them, enter the mobile application and select “Cash Card”, followed by “Add Boost” and “Save Boost”. Select the discount you are interested in and it will be applied when you pay with your debit card.
What happens if I receive a lot of money through Cash App?
Some necessary checks may be activated starting at $1000.
How much is the maximum that can be sent via Cash App?
1000 USD over 30 calendar days for unverified users; if you verify your user, you can increase this limit to 20,000 USD.
What is Cashtag in the Cash App?
This is a unique username that is used so that other users of the application can send you money. It starts with the $ symbol followed by an identifier.
Immigration
EB-3 visa: Requirements and how to apply in 2025
8 min de lectura
If you’re looking for a feasible way to live and work in the United States, you should know the details of the EB-3 visa, a permit that offers skilled workers, professionals, and other unskilled workers the possibility of accessing various job opportunities in the country.
This visa is the most common route to live and work legally in the U.S. because, unlike the EB-2, it covers a broader range of profiles. It also facilitates obtaining permanent residence.
The application process is often somewhat confusing and slow. Therefore, here we explain what the EB-3 visa is, its requirements, the employer’s role, benefits, processing time, costs, and the step-by-step process to apply.
What is the EB-3 visa and who qualifies?
The EB-3 is a visa category for obtaining a Green Card through authorization granted to foreign workers who have a job offer issued by a U.S. employer.
In turn, this visa is divided into three main categories:
- Skilled workers: individuals with at least 2 years of job experience in a given field.
- Professionals: individuals with a university degree equivalent to a U.S. bachelor’s degree, whose positions require academic training.
- Other (unskilled) workers: roles requiring less than 2 years of experience—generally positions requiring steady labor.
For any of these subcategories, the employer plays a central role by filing the labor certification (PERM) with the Department of Labor to show that no U.S. workers are available to fill the job.
Main EB-3 visa requirements
The EB-3 visa has specific requirements depending on the subcategory. Below is a comparative table.
| Requirements | Employer’s role |
|---|---|
| Skilled workers At least 2 years of work experience or specialized training. |
Prove that the position requires at least 2 years of experience or training. |
| Professionals University degree equivalent to a U.S. bachelor’s. |
Show that the position requires a bachelor’s and that the candidate meets it. |
| Other (unskilled) workers Less than 2 years of work experience. Ability to perform labor-intensive tasks. |
Indicate via PERM that the position requires under 2 years of experience and is not temporary or seasonal. |
Regardless of subcategory, a permanent job offer in the United States is always required. The employer must also complete DOL-approved labor certification showing the need to hire a foreign worker for the position.
Next, Form I-140 (Immigrant Petition for Alien Worker) is filed, in which the employer asks USCIS to classify the worker under an EB-3 category.
For example, if a medical practice needs a physician, it files Form I-140 to substantiate the candidate’s experience.
Benefits of meeting EB-3 visa requirements
Obtaining an EB-3 work visa brings several advantages not only for the applicant but also for their family, for example:
- Job stability in the U.S.
An EB-3 visa allows you to secure lawful employment with a U.S. company, helping you achieve financial stability and a better quality of life for your family.
- Pathway to lawful permanent residence.
The EB-3 is also a route for your immediate family to obtain a family-based Green Card, allowing you and your family to live legally in the United States.
- Opportunities for professional and personal growth.
Building a life in the United States brings benefits such as access to higher wages, a broader job market, education for your children, Social Security, and more. This enables long-term financial planning to acquire property and services needed for your family’s well-being.
How to apply for the EB-3 visa step by step
Step 1. Determine eligibility
First determine which of the three categories fits your profile and verify that you meet the requirements based on your education level, work experience, and the type of job you’re applying for.
Step 2. Labor certification (PERM)
The employer must then file the labor certification (PERM) with the Department of Labor (DOL) to show no U.S. workers are available for the position and that the offered wage meets legal standards. This step is essential; without approval the process cannot proceed.
Step 3. File Form I-140
Once PERM is approved, the employer must file the I-140 petition with USCIS to confirm the job relationship and the company’s financial ability to pay the worker’s wage.
Step 4. Adjustment of status or consular processing
After I-140 approval, wait for visa availability in the Visa Bulletin, then proceed accordingly:
- Adjustment of status: if you’re already in the U.S., file Form I-485
- Consular processing: if you’re outside the U.S., file Form DS-260 through the National Visa Center and attend an interview.
Común supports your daily financial life in the U.S.
Here we’ve shown what the EB-3 visa is, the requirements for each subcategory, the benefits, and the application process.
As you start your new life in the U.S., make sure you have an ally who understands you.
Común is a financial platform that helps you manage your everyday needs in the United States. Through the Común mobile app and an intuitive platform, you can create your checking account with a qualifying official identification from your home country. It also makes sending remittances to Latin America, simple and transparent, with clear and competitive fees, up to the applicable limits.
Open your Común account today and start managing your money in the U.S.
Frequently Asked Questions (FAQ)
If you still have questions, see this section.
How long does the EB-3 process take?
The timeline varies with workload, but the full process is estimated at roughly 1 to 3 years.
How much does the EB-3 visa cost in the United States?
- Form I-140: $715
- Form I-485 (adjustment of status): $1,440
- Form DS-260 (consular processing): $325 per applicant
Can I include my family with the EB-3 visa?
You can include your spouse and unmarried children under 21 to apply for residence as derivative beneficiaries and obtain the Green Card at the same time.
Do I need a job offer to apply?
Yes, the EB-3 always requires a job offer, unlike the EB-2 NIW subcategory.
Financial Education
What is a certified check and how does it work?
8 min de lectura
What is a certified check and how does it work?
Certified checks are a common form of payment for thousands of immigrants living in the United States, especially for major purchases such as rent payments, buying a car, and legal settlements.
However, it is not always clear why the certification process matters and how it differs from other types of checks.
A certified check is a physical payment order that has been reviewed in advance by a financial institution to ensure there are sufficient funds in the issuer’s bank account. This is the fundamental reason it’s considered a safer form of payment than a personal check.
Below, we explain in detail what a certified check is, how it works, and why it’s important to understand the differences from other types of checks.
What is a certified check?
A certified check is a type of check with guaranteed funds, since the issuing bank has verified the money exists in the checking or personal account.
This makes it a safer form of payment than personal checks, because the bank sets aside the amount to be paid so it can be collected by the payee.
How is a certified check issued?
Issuing a certified check is a straightforward process you can complete directly at the financial institution of your choice.
- The customer requests the check
The account holder must go to a bank and request a certified check, specifying the payee and the amount.
- Customer identification
You must present an official ID to verify that you are the holder of the savings or checking account from which the funds will be drawn.
- The bank freezes the amount in the account
The bank then certifies there are sufficient funds to cover the check and freezes them to ensure the payee can cash it.
- Signature certification
You must sign the check before finishing the process so the bank can confirm the signature matches the one on file.
Affixing the certification stamp
Finally, once the bank has verified the funds and the signature, it places a certification stamp to document completion of the process.
Differences between a certified check and a cashier’s check
A cashier’s check is another way to make secure payments using a physical instrument. In this case, the bank branch issues the check after receiving the customer’s payment, so the funds come from the bank itself.
Below is a comparison between a cashier’s check and a certified check.
Cashier’s check
Certified check
Security
High; the bank verifies sufficient funds and places a hold for the payee.
Very high; the check is backed by the bank and does not depend on the issuer’s account.
Cost
At some banks they have no cost at others up to approximately $15.
Depends on the bank; typically $10–$20.
Issuance time
At the branch, after funds are verified.
Immediate.
When is a certified check typically required?
A certified check is commonly used for significant transactions or large amounts. This gives the recipient assurance that funds are available.
- Paying an apartment security deposit.
When finalizing a lease or purchasing an apartment, the landlord or agent may request payment via certified check to guarantee funds.
- Buying a used car.
Whether dealing directly with owners or dealerships, a certified check can be a suitable option because of the security it provides.
- Closing an important contract or legal settlement.
For example, to pay fees, settlements, or indemnities, certified checks provide security for both parties.
- For tuition or school fees.
Some educational institutions accept certified checks as a form of payment, especially for international or first-time payments.
Do you know what to do if a check is stolen or lost? We explain it here!
Practical tips for using certified checks safely
While certified checks are among the safest payment methods due to the bank’s verification process, there are still fraud attempts using forged documents.
With this in mind, keep these tips in mind to avoid becoming a victim of check fraud.
How to know if a check has funds and avoid scams
- Verify with the issuing bank.
Call the bank directly and provide the check number, account holder, and amount; ask them to confirm authenticity and that funds are guaranteed. Make sure you call the bank’s official number, not the one printed on the check.
- Be alert if you receive an overpayment check.
A common scam is sending a check for more than the amount due and asking for the difference in cash. Confirm the check’s validity with the bank before proceeding.
- Wait for the check to clear before handing over any goods.
Clearing can take 3–10 days. Make sure the funds have fully settled and are not just on hold.
- Avoid accepting checks from unknown parties.
Whenever possible, accept checks only from people you trust. If you must take a check, follow the security measures above.
Manage your money securely with Común
In this article we explained what a certified check is, how it’s issued, how it differs from cashier’s checks, and how to use this payment method safely.
While certified checks can be a good payment option, a checking account in the U.S. is a much more secure and practical way to manage money.
Meet Común, your financial ally in the United States!
Send, receive, and cash money within and outside the United States. Our platform lets you move your money easily, quickly, and securely. You need a qualifying official ID from your country of origin to get started.
Open your account with Común today and discover a financial platform tailored to you.
Frequently Asked Questions (FAQ)
Where can I get a certified check in the United States?
You can request certified checks at financial institutions such as banks, credit unions, and some digital banks.
How much does it cost to get a certified check at the bank?
The cost depends on the bank but is typically between $10 and $15.
What other types of checks exist in the U.S. besides certified checks?
Other types of checks in the United States include: Money order; Personal check; Cashier’s check.
Living in the United States
El Alto Costo de los Bancos Tradicionales y Estar Sin Banco en Estados Unidos
8 min de lectura
Hoy en día, muchos latinos que viven en Estados Unidos podrían estar pagando de más por servicios financieros. Según un informe de 2021 de la Corporación Federal de Seguros de Depósitos (FDIC), el 24.1% de los hogares hispanos tienen acceso limitado a servicios bancarios, lo que significa que el hogar tiene una cuenta corriente o de ahorros en una institución financiera pero ha utilizado otros servicios (por ejemplo, giros postales, transferencias de remesas, cobro de cheques) fuera de su banco o cooperativa de crédito. Acceder a servicios adicionales fuera de un banco puede ser costoso.
El informe de la FDIC también encontró que el 9.3% de los hogares hispanos no tienen acceso a servicios bancarios, lo que significa que nadie en el hogar tiene una cuenta corriente o de ahorros en una institución financiera. No tener acceso a servicios bancarios puede resultar en una limitación para acceder a ciertos productos y servicios financieros, como cuentas de ahorro que ofrecen oportunidades de inversión y opciones de seguros.
Para examinar el costo que los latinos podrían estar pagando para acceder a servicios financieros en Estados Unidos, Comun realizó un análisis comparando el costo si un individuo fuera cliente de Comun en comparación con una institución financiera tradicional. El estudio también examinó el costo de no tener acceso a servicios bancarios. Además, Comun analizó el costo de las tres opciones durante un año y cuánto podría ahorrar un individuo si utilizara un servicio como Comun durante un año y durante un período de cinco años.
| Tipos de servicios financieros | Comun | Banco Tradicional | No bancarizado |
|---|---|---|---|
| Apertura de cuenta* | $0 | $100* | $0 |
| Costo mensual | $0 | $144.00 | $0 |
| Tarifa por depósito en efectivo (ATM) | $42 | $60 | $0 |
| Tarifa de remesa | $66 | $1,080 | $184 |
| Cargo por sobregiro | $0 | $0 | $0 |
| Avanzar depósito directo | $0 | $0 | $0 |
| Tarifa de depósito de cheques | N / A | $0 | $96 |
| Tarifas de giro postal | N / A | N / A | $24 |
| Total | $108 | $1,284 | $304 |
*Nota: Comun no incluyó la tarifa de apertura de cuenta en el monto total para el banco tradicional, ya que asumimos que este usuario no mantendría los requisitos de saldo mínimo y, por lo tanto, incurriría en una tarifa mensual de $12.
Cuánto pueden ahorrar los clientes si utilizan un servicio como Comun en un año:
Costo de una cuenta bancaria tradicional: $1,176
El costo de no estar bancarizado: $196
Cuánto pueden ahorrar los clientes en cinco años si utilizan un servicio como Comun:
Costo de una cuenta bancaria tradicional: $5,881
El costo de estar sin banco: $981
Comentarios adicionales
Además de los costos directos como el cobro de cheques o las tarifas de giros postales, las personas no bancarizadas también incurren en muchos costos indirectos, como:
- Altos costos de endeudamiento: Sin una cuenta bancaria, acceder al crédito puede resultar más complicado y costoso. Las personas no bancarizadas pueden recurrir a servicios financieros alternativos, como préstamos de día de pago o casas de empeño, que normalmente cobran tasas de interés y tarifas elevadas. Tener una cuenta bancaria y una buena relación bancaria puede calificar a las personas para préstamos con intereses más bajos y otros productos crediticios.
- Acceso limitado a servicios financieros: No estar bancarizado puede resultar en un acceso limitado a ciertos servicios y productos financieros, como cuentas de ahorro, oportunidades de inversión y opciones de seguros. Esta falta de acceso puede obstaculizar la capacidad de las personas para generar riqueza y protegerse financieramente a largo plazo.
- Riesgos de seguridad: Guardar dinero en efectivo en casa puede ser riesgoso, ya que es vulnerable a robo, pérdida o daño. Las cuentas bancarias ofrecen una forma segura de almacenar y acceder a fondos, lo que reduce el riesgo de pérdidas financieras debido a robo o otras circunstancias imprevistas.
Metodología
El análisis fue realizado en abril de 2024 por Comun. Los datos examinan el coste anual de utilizar un servicio como Comun, una cuenta bancaria tradicional., o no estar bancarizado para servicios financieros. En este análisis, analizamos el costo de una cuenta corriente con una institución financiera tradicional, así como el costo de los servicios.fuera de una institución financiera y hizo estas suposiciones:
- Un saldo mínimo para abrir una cuenta
- Costo Comun: $0
- Costo de institución financiera tradicional: $100, esto se basa en el saldo mínimo necesario para poder abrir la cuenta bancaria a la que se hace referencia.
- Costo mensual
- Costo de Comun: $0
- Costo de la institución financiera tradicional: Una tarifa mensual de $12, suponiendo que no se cumpla el saldo mínimo diario de $1,500
- Dos depósitos en efectivo (ATM) por mes
- Costo de Comun: $0 para usar un en-cajero automático de la red y $3.50 por utilizar un socio minorista para realizar un depósito. Comun asumió que un usuario realiza dos depósitos por mes, uno en una tienda minorista y otro en un cajero automático de la red.
- Costo de institución financiera tradicional: $2.50 por un depósito en otra institución financiera y $2.50 si usa un cajero automático fuera de la red. Para la cuenta bancaria analizada en este informe, no hay cargos por depósito en efectivo en sucursales. Sin embargo, este banco cobra $2.50 por depósitos en otros cajeros automáticos. La tienda minorista también le cobrará al cliente, lo que varía según la ubicación, pero Comun asumió $2.50.
- Dos transferencias de remesas por mes
- Costo de Comun: Los clientes pueden enviar su primera remesa sin costo. Después de eso, las remesas conllevan una tarifa desde $2.99.
- Costo de la institución financiera tradicional: $45 para enviar transferencias internacionales en dólares (fuente)
- Para los no bancarizados, Comun asumió que la persona envía remesas con Western Union, lo cual tiene un costo de $8 por transferencia en tarifas fijas si el usuario está depositando efectivo en un punto de Western Union en los Estados Unidos y el destinatario está retirando el dinero en efectivo en un punto de Western Union en México (fuente: calculadora de tarifas). Comun asumió 2 remesas por mes durante un año, y la primera remesa sin costo (una promoción con Western Union).
- Tarifa por cambio de cheques
- Suponemos que un usuario cobra dos cheques al mes y paga $4 cada vez (monto de la tarifa de Walmart).
- Tarifa de giro postal
- Suponemos que un usuario compra dos giros postales al mes y paga $1 cada vez (el monto de la tarifa es de Walmart).
International Money Transfers
Alternatives to Western Union: Explore Reliable Options for Your Remittances
8 min de lectura
There is no doubt that Western Union has established itself as a leading company in the remittance industry, with over 145 years in the market.
Since its inception, Western Union has enabled people without access to a banking account to make quick money transfers, which has been particularly significant for rural and immigrant communities in the United States.
According to recent data, in 2023, 12% of remittances sent from the United States to Latin America and the Caribbean were carried out through Western Union, making it one of the leading money transfer services worldwide.
Today, remittances are essential to the lives of millions of Latin American migrants in the United States. In this article, we address alternatives to Western Union that solve problems such as high fees, unfavorable exchange rates, and complicated processes by offering more modern, accessible, and fair financial services.
Why Look for Alternatives to Western Union?
For over a century, Western Union has worked to bring families together through international money transfer services, offering multiple delivery options and broad coverage.
However, over the years, new services have emerged that address areas where Western Union can improve, such as:
High and Variable Fees
One of the main challenges faced by the immigrant community in the United States when sending money is the high money transfer fees, which significantly affect the final amount received.
For example, according to Western Union’s price calculator, the cost to send $500 USD to Mexico via an agency with cash pickup is $15 USD.
Uncompetitive Exchange Rates
In addition to fees, international transactions involve currency exchange, which can be detrimental to the recipient depending on the exchange margin used.
In the previous example of using the Western Union price calculator, the dollar exchange rate is 18.17 MXN, compared to the official rate of 18.64 MXN, meaning the recipient receives 9,081 MXN instead of 9,320 MXN.
Limits and Restrictions
Another factor that may negatively impact migrants sending remittances to Mexico is the limits and restrictions imposed, depending on factors such as payment method, receiving country, and identity verification.
Generally, for unverified users, the limit to send cash through Western Union is $3,000 USD per transaction. Upon verifying identity, that amount may increase.
Transaction Speed
The speed of money transfers through Western Union depends on the payment and delivery method, as detailed below:
- Debit/credit card to cash: minutes
- Debit/credit card to bank deposit: 1–2 business days
- Banking account to cash: 3–5 business days
- Banking account to banking account: up to 5 business days
- In-person cash to in-person cash: minutes
- Wire transfer to mobile wallet: up to 24 hours
Accessibility and Convenience
Western Union is known for its global reach and the accessibility of its international money transfer services.
However, for these same reasons, long lines and wait times may occur. If you need to speed up your transactions, this large-scale service might not be your most favorable option.
9 Alternatives to Western Union for Sending Money Home
If Western Union doesn't suit your needs, here are the best money transfer apps.
Comun
Comun is a comprehensive platform that not only allows money transfers within and outside the U.S., but also gives you access to a complete and efficient financial experience, including easy access to cash.
Enjoy 24/7 support also available in Spanish, and pay transparent fees starting at $2.99 USD for international money transfers, with no hidden fees.
Ria Money Transfer
Ria Money Transfer is a service similar to Western Union. It has coverage in a large number of countries worldwide and offers different payment and delivery methods, as well as partnerships with retailers like Walmart.
Wise (previously TransferWise)
Wise is a U.K.-based financial technology company that facilitates international money transfers and offers benefits such as a multi-currency account and real exchange rates.
Remitly
Remitly is a fintech that operates primarily in the United States, Canada, and Australia. It allows money transfers with options for cash pickup, bank deposit, or mobile wallet. While it is a good option for sending remittances to Latin America, it has fees and exchange rates that are not very competitive.
WorldRemit
WorldRemit is a global money transfer service with a presence in over 130 recipient countries. In addition to offering cash pickup and bank deposit options, it also allows transfers through mobile phone top-ups.
PayPal/Xoom
Xoom is a remittance company acquired by PayPal. It offers money transfers with multiple delivery methods, such as bank deposit, cash pickup, mobile wallet, or direct delivery.
MoneyGram
MoneyGram is a U.S.-based company specializing in international money transfers and person-to-person (P2P) payments. It operates in over 200 countries with various payment options.
OFX
OFX is a company specializing in international money transfers and currency exchange, with a presence in over 190 recipient countries.
Revolut
Revolut is a U.K.-based fintech offering multi-currency digital accounts, international money transfers, and investment services.
How to Choose the Most Suitable Alternative for Your Remittances
If you are still wondering which money transfer app is right for you, remember to consider the following factors before selecting an alternative to Western Union:
Fees and Real Exchange Rate
It is advisable to look for a payment service provider with clear, flat fees to ensure your family receives the maximum possible amount.
Transfer Speed
While in many cases, most apps offer quick money transfers, in others, the waiting time could be problematic for the recipient.
Sending and Withdrawal Methods
Make sure the sending methods suit your needs, whether via banking account, credit or debit card, or cash delivery.
Coverage in Your Country
Verify that the money transfer service has coverage in Latin America, and that this does not involve additional shipping fees.
Ease of Use and Customer Support
It is important to communicate easily in case of any issues. Choose an option with 24/7 Spanish-language support.
Security and Trustworthiness
Ensure the service has the necessary licenses and regulations for the places where it operates, as well as the appropriate security measures to protect your data.
Comun: A Great Financial and Remittance Alternative Designed for the Immigrant Community in the U.S.
Although Western Union is an excellent option for sending money abroad, there are better alternatives with more competitive and fair conditions that can make your money, and your family’s, go further.
It is essential to research and compare each international payment service in order to choose the option with the most suitable benefits for you.
Comun offers you an all-in-one service that allows low-cost international money transfers, along with a complete financial experience in your language.
- Open your account easily using official documentation from your country
- Make your first international money transfer free, and afterward pay a fee starting at $2.99 USD per transfer, up to the applicable limits
- Deposit cash at over 88,000 retail locations in the U.S.
- Manage your finances through a mobile app
- Access to Spanish-language support 24/7
Open your account today and discover an alternative to Western Union.
Frequently Asked Questions
Is it safe to use digital alternatives to Western Union?
Comun uses secure technology and follows U.S. financial regulations to help protect your money transfers. You can also choose from multiple payment and delivery options.
What are the hidden costs when sending money internationally?
International money transfers generate fees, in addition to the currency conversion rate.
Can I send money to a country if I don’t have a banking account?
With Comun, you can send cash even if you don’t have a traditional U.S. banking account.
What do I need to open an account with services like Comun?
A compatible Android or iOS phone and an official ID from your country.
How long does a money transfer take with these alternatives?
Money transfers with Comun are reflected within minutes or hours.
Disclosures (in footer):
“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.”
“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.”
“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.”
Checking account
What do I need to open a traditional bank account as an immigrant?
8 min de lectura
For immigrants in the United States, having a banking account has become a basic necessity to carry out all types of daily tasks, such as shopping in physical and online stores, receiving wages, sending transfers and remittances, opening a savings account, among other things.
Despite the importance that a banking account has for immigrants and U.S. citizens, there are still factors that hinder the immigrant community’s access to banking, such as high fees and required documentation.
According to FDIC data, among vulnerable groups without banking accounts (unbanked), Hispanics make up 9.5%. This shows a gap that disadvantages a significant portion of the population.
Access to financial services is an increasingly attainable right for immigrants in the U.S. In this article, we will explain step by step what is required to open an account at a bank and on digital platforms, as well as the advantages of these solutions.
4 Requirements to Open a Banking Account in the United States
It is true that financial services make users’ lives easier and, in some way, improve their quality of life. But, what is needed to open a banking account in the United States?
Opening a bank account, whether a checking account or another type, requires meeting a series of requirements and presenting documentation, which may vary depending on the financial institution.
Some of the difficulties immigrants face when opening a banking account are not having an SSN (Social Security Number) or tax documentation, as well as the lack of information in Spanish.
Fortunately, beyond traditional banks, there are currently alternative solutions such as Común, a financial platform dedicated to meeting the needs of people who seek accessible and efficient services.
In general, these are the most common required documents to access a banking account in the United States.
Social Security Number (SSN)
This is the most common requirement for opening an account. It is an identifier for people who reside and work legally in the United States, and it is required for banks to carry out the identity verification process.
Individual Taxpayer Identification Number (ITIN)
The ITIN is an alternative for people who do not qualify for the SSN, since some financial institutions accept it instead.
Identity Document
For this requirement, it is possible to present a passport, a driver’s license, a government-issued ID, or a consular ID card. Any of these documents must be valid and show both name and photograph.
Proof of Address
To prove your residence in the United States, you can present utility bills, such as electricity, or even a digital account statement.
Step by Step: How to Open a Banking Account in the U.S. with Foreign Identification
The number of requirements requested by traditional institutions tends to make access to banking difficult, especially for immigrants without the previously listed documentation.
If you are looking for a practical and simpler solution than traditional banking services, you can turn to options like Común, the platform that streamlines processes and offers fair financial services for everyone.
Access to these services is possible with official, qualified foreign documentation, which helps reduce the gap in access to banking for immigrants.
Choose a Secure Platform that Accepts Foreign Identifications
In general, traditional banks request the SSN or ITIN, so a convenient option is to choose a digital platform with more flexible requirements but with the same quality and seriousness in their processes.
Común is a platform that makes immigrants’ lives easier in the United States, as it allows you to open an account with official, qualified documentation from your country of origin and simplifies the sign-up process without complicated paperwork.
Download the Mobile App and Set Up Your Account available in Spanish
You only need a mobile device compatible with Android or iOS to download the application, where you will create your profile and enter your information.
Verify your identity with an official ID from your country
Then, carry out the identity verification with your official ID from your country of origin. To do this, you will need to take a picture of it and possibly take a selfie.
Activate Your Card and Start Using Your Account
Once you provide the necessary documentation, you will have access to a debit card to make purchases at various establishments and will be able to make transfers and receive payments.
Use Additional Features Such as Sending Remittances or Deposits at Stores
For immigrants, it is essential to have services that allow them to send remittances to their countries of origin, so you can also use this benefit, in addition to making direct deposits in physical stores near you.
Which Bank in the U.S. Allows Opening an Account with a Passport? More Accessible Alternatives
There are alternatives with more flexible account opening options, such as Bank of America, which accepts the ITIN in case you do not have an SSN. However, the processes tend to be longer and slower compared to other digital platforms, which facilitate the sign-up process by offering greater feasibility in their requirements.
Bank of America
Bank of America supports the opening of banking accounts in the United States for immigrants, because it allows opening an account with a valid passport or ITIN. However, it is necessary to go in person to a branch to complete the process.
Común
Común is a digital platform that allows opening an account with more than 100 foreign IDs or with a valid passport, which makes it easier to obtain an account for immigrants and send remittances to Latin America for an affordable fee; in addition to making cash deposits at more than 100 stores.
Wells Fargo
Wells Fargo also accepts a passport as the main ID, but may request an additional identification, such as a credit card or student ID.
Wise
Wise is a fintech that offers digital accounts in different currencies. It is possible to access its services with a passport, ITIN, or SSN.
Revolut
Revolut is another alternative for non-citizens in the United States, since it accepts a passport as identification; among other options, such as a driver’s license or national ID.
Why Común is Ideal for Opening Your Account in the U.S.?
Although the requirements to open an account may make it seem like an inaccessible process for many immigrants in the U.S., fortunately, there are also more accessible options.
If you are looking for a clear, reliable alternative available in Spanish, it is time to change your relationship with finances through Común: a service that truly understands your needs.
Why is Común Your Ally?
Forget about minimum deposits or monthly charges
Access a mobile app available in Spanish with a user-friendly interface
Send money to your home country for a fee starting at $2.99, up to the applicable limits
Deposit cash at a network of establishments near you
It has 24/7 customer support available in Spanish
Remember that Común offers you a service available in Spanish with simple processes. Open your account today and start using a service designed for you!
Instant payments
Discover how to sign up for Zelle and move your money without complications
8 min de lectura
Are you looking for an option to send and receive money within the United States? In the digital era, it is essential to have access to an immediate, secure, and free transfer service.
Sometimes sending and receiving money can be challenging due to high fees or limited access to the banking system. For this reason, knowing how to register for Zelle and learning about alternative solutions such as Comun will be extremely useful for sending money without complications through the most efficient services.
In this guide, we will explain what Zelle is, how to register, what requirements are necessary to send and receive money, and why Comun works as a complementary solution to expand your options when facing restrictions that could hinder your access to mobile payment services.
What Is Zelle and How Does It Work for Your Daily Payments?
Zelle is a digital P2P (peer-to-peer) payment service available in the United States. It is associated with more than 20,200 traditional and digital banks and credit unions, such as Bank of America, Wells Fargo, Ally Bank, Capital One, and Navy Federal Credit Union. Zelle is well known for its wide coverage and ease of transferring funds between users of this system.
Other advantages of Zelle include:
- Near-Instant Transfers
Users can receive their money within minutes. - Ease of Use
It is directly linked to bank applications, eliminating the need for an external app. - Security
It is backed directly by banking institutions, so you can be confident that your money will reach its destination. - Usage Fees
You can send and receive money without paying commissions to other Zelle users.
Please note that Zelle is only available within the United States. If you need to make international transfers, find the best options here.
How Does Zelle Work?
Zelle operates through its connection with their affiliated banks’ applications. To send and receive money, you must first verify that your bank is part of this service’s network.
If so, complete your registration directly through your bank’s online platform and begin sending and receiving money to your account using a phone number or email address.
Using Zelle is very practical for daily transactions such as paying rent or purchasing goods and services. It is also a secure way to send money to family and friends.
In addition to Zelle, there are other alternatives for sending and receiving money within the United States. Discover the 6 best mobile apps of 2025.
What Changed in Zelle in January 2025?
Zelle announced an important change in its application that took effect in April 2025. The change consists of eliminating transfers through its standalone app, as the service can now only be accessed through the online banking platforms of U.S. financial institutions integrated into its network.
If you wish to download the Zelle app, you may still use it to review your payment history.
How to Download Zelle to My Phone: Key Requirements to Register and Use It Without Complications
To have a Zelle account, you only need to meet the following requirements:
- U.S. Mobile Phone Number or Email Address
To use Zelle, you only need to register a phone number and an email address. Your contacts can use either of these to send you money easily. - U.S. Bank Account
Since Zelle operates directly through bank connections, having an account with one of the institutions integrated into its network is mandatory.
Check the list of banks that offer Zelle on their website and ensure you will be able to use the service in 2025. - Banking Application
Finally, you must download your financial institution’s mobile banking app, as you will access Zelle through it.
What Can I Do If I Cannot Open an Account in the United States ?
Sometimes, opening an account is not accessible for many individuals, whether due to lack of required documentation or insufficient credit history.
If this is your situation, Comun is a great alternative for sending money to your loved ones safely, quickly, and at low cost.
Comun is a platform that understands the needs of immigrant communities in the United States. Open your account today and experience an accessible alternative for your finances.
4 Simple Steps to Register for Zelle
If you are wondering how to open a Zelle account, simply follow these steps:
1. Open Your Bank’s Mobile Application (If It Is a Zelle Partner)
Once you verify that your bank works with Zelle, open the mobile application and register if you have not done so yet.
2. Locate the Transfers and Payments Section
In the main menu, click on the transfers and payments section, then select “Send Money with Zelle.”
3. Register Your U.S. Phone Number or Email Address
To send and receive money with Zelle, it is necessary to register a U.S. phone number and an email address.
4. Link Your Bank Account
Confirm your information and start sending and receiving money with Zelle quickly after completing a test transaction.
With Your Comun Account, Make and Receive Payments Easily and Quickly
Undoubtedly, Zelle is an excellent tool for bank transfers, offering a fast and very simple service to use. Although it is only available to users of participating banks, it has broad coverage.
While Zelle represents a practical solution for many users, it has limitations such as requiring an eligible U.S. bank account.
Comun, on the other hand, is an alternative solution that goes beyond traditional limitations, as it allows you to send international transfers using your official national identification. It is designed for immigrants in the United States and offers simplified financial management. This service provides you with:
- A debit card to make purchases at physical establishments
- Access to a mobile app for better financial control
- The ability to send remittances to your loved ones for a fee starting at $2.99 per transaction up to the applicable limits
- The opportunity to join our community that understands your needs
Download the Comun app and enjoy transparent, easy, and personalized finance designed for you.
Living in the United States
Step by step: how to file taxes for the first time as an immigrant in the U.S.
8 min de lectura
Basic requirements to file taxes for the first time in the United States
Although getting a job in the United States brings a series of benefits for the quality of life of immigrants and their families, it also means committing to fulfilling the obligations required by the country's laws.
Filing a tax return is one of the processes everyone who has earned income must complete. This is done by submitting a report of annual income to the Internal Revenue Service (IRS).
Filing a tax return is particularly important for everyone, as it opens the door to access financial services such as mortgage and personal loans, which in turn help build a financial record especially for immigrants.
Filing taxes is a stressful and often confusing process for most people, especially when it involves understanding the tax institutions of another country.
Below, we show you a step-by-step guide to help you fulfill your tax obligations in the U.S. and access the benefits that come with it, such as receiving refunds and building a financial record in the country.
What documents do you need to file your taxes?
The first thing you should know to file your tax return in the U.S. is the documentation required by the IRS to process your information.
Make sure you have the following documents:
- Tax Identification Number: if you do not have a Social Security Number (SSN), you must apply for an Individual Taxpayer Identification Number (ITIN).
- Qualifying official identification from your home country: valid passport, driver’s license, or any official document that verifies your identity.
- Proof of income: W-2 forms if you are a salaried employee and your employer withholds taxes, and Form 1099 if you are self-employed.
- Proof of address in the United States: utility bill or rental agreement.
- Financial information: checking account and routing number to receive your refund through direct deposit, if any.
Tax preparation: step by step for your first filing
It is important to stay alert during tax season and prepare in advance to meet the deadlines established by law.
Follow these steps to ease the stress of tax obligations.
Step 1. Gather all your documents
The first step is to gather all the necessary documents to file your annual tax return.
- Form W-2: this document details your salary and the amount of taxes already withheld; request it directly from your employer.
- Form 1099: used by people who work independently.
- Benefit or assistance letters: if you receive any government benefit or tax credit, the IRS sends letters to include in your tax return.
Step 2. Choose how to file
Once you have your documentation in order, you must decide how you will file your return: on your own or with professional help.
- Self-prepared tax filing: you can use various IRS-approved tax preparation software such as IRS Free File, TaxSlayer, or TurboTax, which simplify the process by automatically calculating your taxes.
- With the help of a tax preparer, if you have multiple income sources or are self-employed, the best option is to hire an authorized preparer to ensure everything is filed correctly. You can also go to a community organization that offers low-cost assistance.
Step 3. File your tax return in the United States on time
Keep in mind that the deadline to file your tax return is usually April 15 each year. It is essential to submit your tax return within the deadline to avoid penalties and delays in receiving your refund.
How much does it cost to file taxes, and which option is best for you?
As mentioned before, there are different ways to file your tax return, which vary in cost and level of support offered. The best option depends on several factors, such as your income level and how familiar you are with tax topics.
Below is a comparative table of the different ways to file taxes in the United States.
Method
Approximate cost
Level of support
Doing it yourself with IRS-approved software
Free or up to $25
Low. Although the platform guides you step by step, you must enter all the information yourself.
With the support of community organizations
Free or up to $50
Medium. You receive assistance from certified volunteers.
With private preparers or accountants
$150 to $500, depending on complexity
High. The preparer does all the work and answers your questions.
Practical tips to avoid mistakes in your first tax filing
If this is your first time filing taxes in the United States, it may seem like a very complex task. Keep these tips in mind to ease the stress associated with the process.
- Don’t wait until the last minute to file: keep the deadline in mind and prepare several weeks in advance.
- Verify that all forms match your income: remember that the required form depends on your type of work. Make sure your income matches what you report.
- Keep copies of all submitted documents: create both a physical and digital file to have every record handy.
- Check official IRS resources for immigrants: always access official websites ending in .gov.
- Avoid relying on third parties that promise higher refunds: remember that tax preparers or community organizations must be certified by the IRS to ensure your filing is done properly and your personal data remains secure.
Común, your financial support after filing your taxes
We’ve shown that the tax filing process is not as complicated as it seems. Now you know which steps to take and which method to use based on your situation.
Just as filing taxes helps you organize your financial situation, Común helps you manage your day-to-day finances.
Discover all the benefits of Común!
- Open a checking account with a qualifying official identification from your home country.
- Mobile app available in Spanish and English, specially designed for the immigrant community.
- Ability to receive your tax refund directly into your account.
- Debit card for daily expenses and international money transfers to Latin America.
Discover Común, the option dedicated to serving the needs of immigrant communities in the United States, with support available in Spanish.
Frequently Asked Questions (FAQ)
If you still have questions, check this section.
What happens if I don’t file my taxes in the U.S.?
Not filing your tax return may result in IRS penalties, accumulated interest, and withheld future refunds.
Can I file taxes without a Social Security Number?
If you do not have a Social Security Number, you can apply for an ITIN.
Is it better to file my taxes myself or with a tax preparer?
It depends on your situation: if you have only one source of income, you can use software, but if your income is higher or more complex, the best option is to consult a professional.
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Immigration
What is SSN? Everything you need to know if you are a resident in the U.S.
8 min de lectura
The Social Security Number is one of the most important identifiers in the U.S. It is required for seeking to access benefits such as access to employment, tax filing, and financial services, among others.
If you have newly arrived in the U.S., you likely have questions about how to handle certain procedures. Therefore, we will explain what the SSN is, what it is for, how to apply for it, how much it costs, and what the benefits are of having this identifier.
What is the Social Security Number (SSN)?
The Social Security Number (SSN) is a series of 9 digits issued by the Social Security Administration (SSA, or Administración del Seguro Social in Spanish). It is issued to citizens, permanent residents, and eligible temporary residents, in accordance with their immigration status.
Its main function is to serve as a unique identification number that allows the government to track specific data for each person, such as their income, financial information, and employment history. This makes it possible to determine, in each particular case, eligibility to access Social Security benefits such as retirement, disability, among others.
In addition to facilitating access to these benefits, the Social Security card serves as official identification for employment onboarding, driver’s licenses (in some states), and opening bank accounts.
How to obtain the Social Security Number in the United States?
An important point about the Social Security Number in the U.S. is that there are three different types:
- For citizens born in the United States
- For citizens born abroad
- For non-citizens with lawful resident status
In the case of lawful permanent residents, it is necessary to obtain a Green Card or a visa with valid work authorization issued by the Department of Homeland Security (DHS), such as H-1B or L-1.
The process of obtaining the SSN varies depending on immigration characteristics. If you requested the SSN during your visa processing—through the “Application for Immigrant Visa and Alien Registration” form or the DS-260 electronic format, “Immigrant Visa Electronic Application”—DHS will contact the Social Security Administration directly to carry out the process.
Get your SSN in just 4 steps
If you did not request the SSN during your visa process, the first thing you should do is gather the following documentation:
- A valid passport with the Machine Readable Immigrant Visa (MRIV) or a Permanent Resident Card (Form I-551)
- Birth certificate
Once you have gathered the documentation, follow these steps:
- Download and complete the SS-5 application
- Go to an SSA office
- Present the original documents
- Wait 7 to 14 days to receive the Social Security card by mail
What to do if your SSN card is lost?
If your Social Security card is lost, it is important to take security measures immediately to avoid identity theft, fraud, or misuse of your personal data.
Report the theft or loss of this document to the police and then file a complaint with the Federal Trade Commission (FTC).
Afterwards, go to the Social Security Administration, complete the SS-5 form again, and bring the corresponding documents for replacement of the card.
Avoid carrying the card with you unless necessary and keep it in a safe place. Generally, you do not need to present your physical card but rather the number, which does not change even if you replace the card.
5 benefits of having an SSN
If you are still wondering what the SSN is for, you should know that this document provides multiple benefits of different kinds, such as the following:
1. Employment
For permanent residents, the greatest benefit of the SSN is that it grants work authorization, enables income tracking, as well as the payment of taxes and legal obligations. Presenting this document is an indispensable requirement during formal hiring processes in the United States.
2. Credit
The SSN is also typically required to apply for loans and credit from banks and financial institutions in the United States; in this way you can access assets such as real estate, a car, or other types of services.
3. Banking services
Accessing financial services is essential for immigrant workers in the United States, whether to receive wages or send money to their countries of origin. Generally, the SSN is a requirement to access a bank account and credit and debit cards, among other services.
4. Government benefits
There are other benefits available, such as unemployment insurance in the event of dismissal, and access to retirement and Medicare starting at age 65, for eligible permanent residents.
5. Taxes
The SSN functions as the taxpayer’s personal identification number, which makes it easier to file tax returns and report income and expenses. Another alternative for residents who do not have an SSN is the ITIN, issued by the Internal Revenue Service (IRS), which serves to fulfill tax obligations and grants other benefits.
In short, the Social Security Number—beyond being an administrative procedure—facilitates economic and social integration in the United States because it serves to track income and expenses and facilitates access to basic rights such as work, health, and banking, which are essential for integrating into society.
How much does it cost to get an SSN?
It is important to clarify that the Social Security card process does not involve any cost, whether you do it for the first time or as a replacement due to theft or loss.
Stay alert to potential fraud and avoid making payments to unauthorized third parties. If you have any doubts, go directly to your local Social Security office and report any suspicious activity.
Read more: Don’t miss our guide to investment basics for immigrants
Simplify your financial life upon arriving in the United States with Comun
As you can see, the SSN is highly relevant to establishing a stable life in the United States because it facilitates access to work, health services, and financial products that are essential for carrying out daily tasks such as payments and money transfers.
Comun is a financial platform designed to make life easier for immigrants in the United States by facilitating their integration into the financial system from day one.
- Open your account with an official ID from your country of origin
- Receive a Visa debit card and make purchases easily in physical stores and online
- Access a mobile application and manage your finances from the palm of your hand
- Send remittances to your home country for a fee starting at $2.99 USD, up to the applicable limits
- Forget about hidden fees and complicated processes
- Access support available in Spanish and English
With Comun, discover the most accessible way to manage your finances for everyday life in the United States.
Frequently Asked Questions
If you still have questions, consult our Frequently Asked Questions section.
What should I do if someone uses my SSN without permission?
Report immediately at IdentityTheft.gov and place a fraud alert.
How many times can I replace my SSN card?
Up to 3 times per year and a maximum of 10 times in your lifetime.
Is it mandatory to have an SSN to open an account with Comun?
Comun allows you to open an account with official ID from your country.
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.
