Financial Education
What is a certified check and how does it work?
Te explicamos cómo emitir un cheque certificado, diferencias con un cheque de caja, cuánto cuesta y cómo verificar que tenga fondos.
8 min read
17 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.
About Común
Común aims to support the Latino community in the United States. It offers a debit account that can be opened with more than 100 valid Latin American IDs and an app available in Spanish.
Visit Común's website or download the app for free to learn more about the full offer and applicable terms.
Olivia Rhye
Community Partner
Checking account
What Is a Checking Account and Why Do You Need One?
8 min de lectura
Checking accounts are an essential tool for managing your personal finances, and the main type of account you'll use day-to-day in the United States. In this article, we'll walk you through everything you need to know about them and how to choose the best option for you.
What Is a Checking Account and Why Do You Need One?
A checking account is a type of bank account that lets you deposit and withdraw money easily. It's the account most commonly used for everyday transactions like paying bills, making purchases, and receiving your paycheck. You need one because it gives you a safe place to keep your money and lets you handle financial transactions efficiently.
Advantages of Having a Checking Account
Checking accounts offer several advantages:
- First, they give you a safe place to keep your money.
- Second, they make managing your finances easier by letting you complete transactions easily.
- Third, many checking accounts offer additional services like debit cards, checks, and access to online and mobile banking.
Differences Between Checking Accounts and Savings Accounts
While a checking account is designed for everyday transactions, a savings account is designed for storing money long-term. Savings accounts usually offer higher interest rates, letting you earn money on your savings. However, they aren't as accessible as checking accounts and may have restrictions on how many transactions you can make.
Common Requirements to Open a Checking Account
Required Documentation
To open a checking account, you'll generally need to provide a photo ID, proof of address, and your Social Security number or tax ID number.
At Común, online banking for immigrants in the United States, the main documents you'll need are:
- Official ID from your home country
- A tax ID number like an ITIN or Social Security number (SSN)
- Proof of address in the United States, such as a bill in your name showing your address within U.S. territory
Opening a checking account with Común is 100% online and can be done in under 5 minutes.
Minimum Deposit and Other Conditions
Some banks require a minimum deposit to open a checking account. They may also charge fees if your balance drops below a certain level. For example, Chase Bank offers the Chase Total Checking account, and Citi Bank offers the Citi Basic Banking Package, both of which include access to thousands of ATMs and online and mobile banking service. However, like many other traditional banks, they charge a monthly service fee of around $8 to $12 unless you meet certain average monthly balance requirements or a minimum amount deposited through monthly direct deposits. On top of that, they may charge overdraft fees of $39 or more.
With Común, however, there's no minimum deposit amount, no minimum monthly balance, and no monthly service fee — and no hidden costs in the fine print.
What They Don't Tell You About Checking Accounts in the United States
You can generally access the funds in your account through ATM withdrawals, checks, electronic transfers, and debit cards. It's important to know, though, that each bank may charge fees for each of these operations, so it's worth knowing them before opening an account so you can compare your options and find what's most practical for you.
Many banks also require an initial deposit to open a checking account. The amount varies by bank, but can range from $25 to $100. Común's checking account has no such cost — the initial deposit required to open one is $0.
Checking accounts can also come with fees beyond the monthly maintenance fee, like ATM fees, overdraft fees, and more. Some banks waive the monthly fee if you maintain a minimum balance or have regular direct deposit. With Común, you can deposit and withdraw cash at no cost at more than 55,000 ATMs across the United States, found at places like Walgreens, CVS, Target, and more.
Some banks offer overdraft protection that keeps checks from bouncing or your debit card from being declined if you don't have enough money in your account. This service can come with high fees, though, so it's important to understand the terms.
And if you're living in the 21st century, access to online and mobile banking lets you check your balance, pay bills, deposit checks, and transfer money from anywhere.
One special feature of checking accounts is FDIC insurance. Banks in the U.S. are typically insured by the Federal Deposit Insurance Corporation (FDIC). This means that even if the bank fails, your money — up to $250,000 — is protected. Común's accounts, for example, are FDIC-insured up to $250,000 through partner bank Community Federal Savings Bank (CFSB).
Checking accounts are an essential tool for managing your personal finances. They give you a safe place to keep your money and let you handle financial transactions efficiently. When choosing a checking account, you should consider factors like fees, services offered, the bank's location and reputation, and interest rates. With the right information, you can choose the checking account that best fits your needs.
If you're looking to open a checking account and get a debit card, what are you waiting for? Do it with Común.
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 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.
International Money Transfers
How to send money via Western Union? Complete guide and key tips
8 min de lectura
Western Union is one of the most recognized remittance services worldwide due to its extensive experience, coverage, and accessibility. Many immigrants choose it to send money to their families from the United States.
If you want to optimize the amount your family receives, it is very important to understand the different sending methods available with Western Union, as well as the fees each method generates.
For this reason, we will explain step by step how to send money through Western Union, including the requirements, different modalities, and the advantages and disadvantages of using this international agency.
What is Western Union and How Does It Work to Send Money?
Western Union is a network specialized in international money transfers, available through a large number of physical locations and online methods. It is an accessible method for sending remittances, as it is not necessary to have a banking account to use its services.
It offers two primary methods for international money transfers: online and in-person at a physical agency.
These are the requirements to send money through Western Union from the United States:
What Is Required to Make a Western Union Money Transfer?
- Be at least 18 years old
- Valid photo identification
- If visiting a Western Union agency in person, you may present your passport and, in some cases, your driver's license.
- If using the westernunion.com process, you must upload a photo of your ID and possibly a selfie or other identity verification requirements.
- Recipient’s information
- Ensure that you have the complete and correct details of the person receiving the money:
- Full name (as it appears on their identification)
- Recipient’s country and city
- Delivery method (cash pickup, bank deposit, or other)
- Payment method (card, bank account, or cash)
- Ensure that you have the complete and correct details of the person receiving the money:
Comparison Between Western Union and Comun
| Platform | Fee | Exchange rate (USD - MXN) | You Pay | Estimated Amount Received |
|---|---|---|---|---|
| Western Union | $4.99 - 15 USD | 1 USD = 16.70 MXN* | 300 USD + fee | 4,900 - 5,010 MXN |
| Comun | From 2.99 USD, up to applicable limits | 1 USD = 17 MXN* | 300 USD + fee | 5,100 MXN |
*please note the exchane rate is subject to change at anytime.
In addition to offering more favorable fees and exchange rates for international money transfers, Comun lets you send money 365 days a year digitally from your home, including holidays, which can be affected by longer wait times due to increased customer volume.
Steps to Send Money Through Western Union: Online and In Person
Currently, Western Union allows you to make international money transfers from the U.S. through its website, mobile app, or in person.
Sending Money Online with Western Union
If you prefer to send money online through Western Union, simply follow these steps:
Log in or register on their platform
To open an account with Western Union, you must have the previously mentioned documents and complete the identity verification process.
Then, log in to the Western Union app or website.
Select destination country and amount
With Western Union, you can choose from a wide variety of destinations in Latin America and worldwide, including Mexico, the Dominican Republic, Colombia, Argentina, and others.
Choose payment method
Western Union offers various payment methods such as credit card, debit card, bank deposit, and cash payment.
Enter recipient information
Make sure to enter the recipient’s details correctly.
Confirm and obtain the tracking number (MTCN)
Once all information is entered, verify its accuracy and confirm the transaction. You will then receive a tracking number to monitor the transfer.
Sending Money to a Western Union Agency
If you prefer to send money in person, follow these steps:
Locate a nearby agency
To find the agency closest to your home, visit the website and select the “Find Location” option. Enter your ZIP code and review the available locations.
You may also call Western Union customer service at 1-800-325-6000 for more information.
Fill out the sending form
Go to the service counter and request the sending form, which you must fill out using the same details required for the online form.
Submit payment and fees to the agent
Once the form is filled out correctly, pay the agent the total amount plus the applicable fee.
Receive the tracking number (MTCN)
Finally, receive the tracking number and share it with the recipient so they can collect the money correctly.
Advantages and Disadvantages of Using Western Union for Remittances
Western Union is a popular option for sending remittances securely and quickly, used by thousands of immigrants in the United States every month.
Below are the main advantages and disadvantages of sending money with Western Union.
Advantages
Extensive global coverage and physical presence
Western Union allows you to send money to almost any part of the world, with approximately 500,000 agencies across more than 200 countries. It even offers transfers to rural and hard-to-reach areas.
Fast cash transfers
If you need to send money urgently, Western Union offers a cash pickup option, available within minutes.
Brand recognition and established history
With over a century of experience, Western Union has a strong reputation and proven security in money transfers through its global network.
Disadvantages
High fees
Generally, the smaller the amount sent, the higher the fee. Fees vary depending on the payment and delivery method and typically range between $4.99 and $15 USD, excluding currency conversion.
Uncompetitive exchange rate
In addition to the initial fee, you must account for the loss due to currency exchange, which is calculated using a less competitive margin than the market rate. As a result, your family receives less money compared to other options.
Sending limits
For unverified users, the sending limit is $3,000 USD per transaction. For verified accounts, the limit is $50,000 USD.
Lack of transparency in fee structure
Western Union’s fees are variable and depend on multiple factors such as the destination country, payment method, delivery method, and transfer amount.
Comun: A Fast, Transparent, and Affordable Alternative to Send Money to Your Family
There is no doubt that Western Union is one of the most well-established remittance services due to its long history and ease of access. However, it is important for users to choose the option that best fits their needs.
Before making a money transfer, it is essential to clearly understand all fees and additional costs; otherwise, your family may receive less money without prior notice.
Comun is the comprehensive solution that makes sending remittances easier and more affordable.
Additionally, it offers:
- A mobile app also available in Spanish that allows you to send money easily to more than 17 countries in Latin America.
- Your first money transfer is free, and afterward, you pay a fee starting at $2.99 USD per transfer, up to the applicable limits.
- You need a mobile device to open your account, an official identification from your country (passport, consular ID, driver’s license, among others), and a US residential address.
- 24/7 customer support available in Spanish.
- High security standards that help your money arrive safely and track your transfer in real time.
- Transparent remittance fees.
Open your Comun account today.
Frequently Asked Questions
If you still have questions about how Western Union works, review our FAQ section:
Can I send money to myself through Western Union?
Yes, if you are traveling to another country and do not have a banking account, you can send money to yourself.
Why can’t I send money through Western Union?
There may be several reasons, such as exceeding the sending limit, rejected payment method, or incorrect recipient information.
How much does Western Union charge to send money?
Transfer fees depend on the recipient country, the amount, payment method, and delivery method.
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Instant payments
How do I send money through Xoom? Your complete 7-step guide
8 min de lectura
Today, sending money to other countries has become a basic need for millions of immigrants living in the United States.
According to the IDFR ( International Day of Family Remittances) campaign in 2025, over the last decade, immigrants sent around 5 trillion dollars in remittances to their countries of origin, which are essential for food, housing, health, and other basic expenses.
To meet this need, there are applications such as Xoom, a PayPal service for transferring money using various payment methods and in a secure manner.
In this guide, we will review how to send money with Xoom step by step, its main features, and some alternatives to connect with your family outside the U.S.
What is Xoom, and is it safe to send money with this service?
Xoom is a digital transfer network owned by PayPal that operates entirely online and offers different sending options to facilitate transactions.
It has become one of the most popular options for making international digital money transfers, due to the backing provided by PayPal, which gives users a sense of security.
In addition to PayPal’s backing, Xoom has high security standards for transferring money, such as SSL encryption and the VeriSign seal.
Additionally, its services are available to send money from the United States to more than 70 countries, including Mexico, Guatemala, Honduras, Peru, among others.
7 detailed steps to send money with Xoom
To send money through Xoom, just follow the steps below.
Access Xoom (web or mobile application) and sign in or register
You can choose to log in via the website www.xoom.com or the mobile application. Once there, sign in or open an account with your email address. You can also use your PayPal account to access.
Select the destination country and the amount to send
Choose the country to which you want to send the transfer. Then you will see the sending options available for the selected destination.
Choose the sending method
Xoom offers the following payment methods:
- Bank deposit
- Cash pickup at physical locations, such as Oxxo or Elektra
- Mobile top-up
- Bill payment
- Cash delivery
Provide the recipient’s details
The information you must enter is:
- Full name, as it appears on their official ID
- Address
- Phone number
- Bank account (if applicable, depending on the sending method)
Select your payment method
Next, enter the amount you want to send and select the payment method, among which are:
- Linked bank account
- Debit card or credit card
- Available balance in your PayPal account
Review and confirm the transaction
Before confirming the transfer, Xoom will display the details so you can verify they are correct, along with the amount corresponding to fees, as well as the exchange rate used for the currency conversion.
Track your transfer with the tracking number
Obtain a tracking number and check the status of your transfer directly in Xoom’s application or website.
Key aspects to consider when using Xoom
Although Xoom is a popular alternative for making fast and secure transfers, it is important to consider several aspects before choosing this option.
Sending fees
Xoom’s sending fees are not fixed; they depend on the destination country, the amount to send, and the payment method.
Generally, the most expensive method is with a credit card and the least expensive is through an account.
| Platform | Fee | Exchange rate | Delivery time | Delivery options |
|---|---|---|---|---|
| Xoom | From 2.99 USD, depending on the sending type | Less favorable | Minutes to hours | Bank deposit, cash pickup, home delivery |
| Común | Fee starting at 2.99 USD, up to the applicable limits | Competitive (Clarification: Results may vary depending on destination country and sending method) | Minutes | Cash pickup, bank deposit |
Exchange rate
The exchange rate can be another drawback because, in addition to being calculated directly on Xoom’s platform, it varies depending on the selected transfer method.
Sending limits
Xoom imposes sending limits that depend on each account’s verification level. For unverified users residing in the U.S., the daily limit is $2,999 USD. By contrast, verified users can send up to $10,000 or $50,000 USD per day, depending on their verification level.
Receiving options
Xoom has different receiving options, but they may vary depending on the destination country.
In general, it is possible to send money for cash pickup at different payout locations, by bank deposit, top-up, or bill payment.
Security and reliability
Xoom is backed by PayPal, in addition to SSL/TLS encryption to protect your financial information and anti-fraud monitoring to ensure your money reaches its destination.
Delivery times
Generally, money transfers via debit card and cash are reflected within minutes. However, other sending methods, such as bank deposit, can take from 1 business day.
The total time will appear before you confirm your transaction in Xoom’s application or on its website.
Accessibility
Xoom is also available in Spanish and, overall, is easy for migrants in the United States to use.
Modern alternatives to sending money with Xoom: Why is Común a smart choice?
Sending money outside the U.S. is essential, as is having efficient international transfer services such as Xoom. However, there are also more innovative options that offer you greater advantages and lower costs so that your family and friends receive much more.
Común is an innovative and comprehensive financial service that meets the financial needs of users living in the United States, especially immigrants. Unlike Xoom, Común has a specialized focus and transparent fees.
With Común:
- Open your account with an official ID from your country; more than 100 identifications are accepted.
- After your first free transfer, pay a fee starting at $2.99 USD per transfer, up to the applicable limits.
- Access customer service in Spanish and English, available 24/7.
- Get a Visa debit card to make purchases at physical merchants.
- Manage your finances from Común’s mobile platform, where you can sync your external bank account and manage your finances from the Común platform.
Still unsure which option is most convenient for sending money? Discover Común and get to know the easy and safe side of finance.
Frequently asked questions
If you want to learn more, see our FAQ section
How do I send money from Mexico to the United States using Xoom?
It is not possible to send money from Mexico through Xoom, since it only allows transfers from the United States, Canada, and other European countries.
How long does it take for money to arrive via Xoom?
Depending on the sending method, it ranges from minutes to up to 3 business days.
Is it safe to use Común to send money to Latin America?
Yes, Común has the necessary security measures in place to keep your money and personal data safe.
Can I use Común even if I don’t have a PayPal account?
Yes, Común is an independent platform from PayPal, and you can open an account with official ID from your country.
Can I make cash deposits if I don’t have a bank account in the U.S.?
Yes, Común allows you to deposit cash at numerous locations near you.
Financial Education
What Is Direct Deposit?
8 min de lectura
Direct deposit is an electronic transfer that deposits your paycheck or benefits straight into your bank account, with no physical check required. It's the most common way employers pay in the U.S. With Común, you can receive your direct deposit and access your money up to 2 days before payday.
Direct Deposit Definition
Direct deposit is an electronic funds transfer method that lets an entity — an employer, the government, etc. — deposit money directly into the recipient's bank account. Unlike paper checks, this process eliminates the need to issue, deliver, and cash physical checks, saving time and resources.
Common Uses of Direct Deposit
- Employee payroll: One of the best-known uses of direct deposit is payroll management at companies. Instead of issuing checks to each employee, companies can deposit wages directly into employees' bank accounts.
- Government payments: Governments also use direct deposit to distribute payments to citizens, such as pensions, unemployment benefits, and tax refunds.
- Money transfers: People can also use direct deposit to send and receive money between bank accounts, making it easier to handle transactions and payments between friends, family, and businesses.
Advantages of Direct Deposit
- Speed: One of the biggest advantages of direct deposit is how fast the funds transfer happens. Direct deposits generally process faster than paper checks, letting recipients access their money sooner.
- Security: Direct deposit is a safer method than paper checks, since it reduces the risk of theft, loss, or check fraud.
- Time and resource savings: By eliminating the need to issue, deliver, and cash physical checks, both companies and recipients save time and resources. Direct deposit is also more environmentally friendly, since it reduces the amount of paper used in financial transactions.
- Control over your money: Direct deposit lets recipients access their money quickly and conveniently, giving them more control over their personal finances.
How to Set Up Direct Deposit
With mobile apps like Común, you can connect your direct deposit to your bank account in seconds. Común lets you connect your direct deposit right from the Común app, or if you'd rather your employer handle it, Común gives you a pre-filled form to hand to your employer. On top of the convenience, connecting your direct deposit with Común means the Común app gets you your pay up to two days early.
Conclusion
Direct deposit is a modern financial solution that offers speed, security, and convenience when transferring funds. Whether for payroll, government payments, or personal transfers, direct deposit has become a preferred way to handle transactions and manage money. Ultimately, this method simplifies our financial lives so we can focus on what really matters.
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Q: What is direct deposit?
A: Direct deposit is an electronic transfer that sends your paycheck or benefits straight to your bank account, with no physical check needed. It's the most common way employers pay in the U.S.
Q: How do I set up direct deposit with Común?
A: To set up direct deposit with Común, you need your account number and routing number. You'll find them in the Común app, in your account section. Share them with your employer or HR.
Q: How long does direct deposit take to arrive?
A: Direct deposit usually arrives on the payday your employer sets. With Común, you can get paid up to 2 days early.
Q: Do I need an SSN to receive direct deposit?
A: Not necessarily. With Común, you can open an account using official ID from your home country and receive direct deposit without an SSN.
Q: What's the difference between direct deposit and a bank transfer?
A: Direct deposit is initiated automatically by your employer or payer every pay period. A bank transfer is something you initiate manually from your account. Direct deposit is faster and requires nothing further from you once it's set up.
Q: Is direct deposit safe?
A: Yes. Direct deposit is safer than a physical check because the money goes straight to your account with no risk of loss or theft. Común accounts are backed by CFSB, Member FDIC.
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Financial Education
Your essential guide to the bank routing number in the U.S.
8 min de lectura
The bank routing number, or ABA Routing Number, is essential information for making money transfers. It is a 9-digit code used to identify each financial institution in the United States.
This code is so important because it ensures that electronic transactions are carried out correctly and that funds reach the designated bank.
In this article, we offer a complete guide to help you understand what a bank routing number is, what it does, where to find it, and how it is used in everyday electronic financial transactions.
What is a bank routing number (ABA), and why is it essential in the U.S. banking system?
An ABA routing number, or transit routing number, is a unique 9-digit code that serves as an identifier for each financial institution in the United States.
It differs from a bank account number in that an account number is personal, valid for the use of a single user only. By contrast, the routing number is a unique identifier for banks, credit unions, and digital banks.
The primary function of the routing number is to allow financial institutions to precisely identify which bank to send to or receive from during routine operations such as direct deposit of payroll, automatic payments (ACH), and electronic transfers.
It is important to note that this code is different from a bank account number and is not equivalent to the IBAN (International Bank Account Number), which is a set of numbers used especially in Europe to identify international bank accounts and is composed of the country code, check digits (the checksum of the bank account number), and a bank account number.
In the United States, however, the SWIFT/BIC code is used for international money transfers, not the IBAN.
Here are some crucial functions of the bank routing number in digital transactions.
Unique bank identification
The bank routing number helps prevent errors when identifying a specific bank and processing a transfer from one institution to another, even when they have similar names or many branches across the country.
Facilitates electronic transfers
This code is also indispensable so that ACH systems and wire transfers can send funds to the correct destination, quickly and securely.
Key for direct deposits
The ABA number is also essential for employers to make direct deposits, using that code together with the checking account number, without the need for checks or cash.
Automated bill payments
To set up automated payments for services such as electricity, water, and online subscriptions, you must provide the bank routing number so the billing system can process the transaction automatically.
Handling funds between banks
This number is also indispensable for transactions involving multiple financial institutions, such as interbank transfers or check clearing.
How to find a bank routing code and your bank account number
By now, the importance of the ABA number is clear. But how do you find a bank routing code? Knowing this information is the first step to making transfers correctly.
Likewise, it is essential to understand how to find your bank account number and to tell one number from the other to avoid confusion.
The routing number consists of 9 digits and identifies the bank. The account number has usually 10 to 12 digits and identifies the individual account within the bank.
To find your account number, look at the bottom of a check; it is the series of numbers that follows the routing number. You can also find it at the top of a statement or directly in the mobile application.
It is essential to make sure you have the correct routing number before making a transfer. Therefore, it is advisable to confirm it directly with your financial institution to avoid errors.
Many users ask where to find the routing number on a physical debit card. However, the routing number is not printed on such instrument because it is intended for digital transfers, not for payments at physical merchants.
These are the most common places to find the routing number for your bank or financial institution.
On your checks
Check the lower left corner of your personal or business checks; the routing number is the 9 digits shown there.Another relevant detail is the check number, which is usually at the top.
Mobile application
Another way to find this code is to access your mobile application and go to the transfers or direct deposit information section.
Bank statements
Check your latest bank statement, whether physical or digital; the routing number may appear in a section of that document.
Direct contact with your bank
If you have any doubt about the routing number, you can contact your bank by phone or visit a branch so they can clarify any questions before you make a bank transfer.
Your routing number and account: Key tools for your finances in the U.S. with Comun
Throughout this article, we have learned the importance of both the bank routing number and the bank account number in the U.S. financial system. Both are indispensable for carrying out fast and secure digital transactions.
Being clear about what a bank’s ABA number is not only lets you carry out digital transactions with ease but also gives you financial autonomy to allocate your resources toward the services you need for your well-being.
The U.S. financial system can seem complicated, especially for immigrant communities. That is why Comun seeks to streamline processes and offer transactions without complications.
- Receive and send money easily from your mobile application
- Integrate other applications and enhance your experience
- Access support available in Spanish and English
- Send international remittances with fees starting at $2.99 USD, up to the applicable limits.
- Get started with official ID from your country
Open your account today and discover an ally to manage your finances in the United States.
Frequently Asked Questions
If you have more questions, check our frequently asked questions section.
Where can I find my routing number if I don’t have checks?
You can find it on your account statement or by calling the bank directly.
What is the routing number for ACH transfers?
It is the code that identifies each bank and consists of 9 digits.
Is the routing number the same for all banks?
No. Each bank has a different routing number.
What is the routing number on a card?
The routing number does not appear on physical cards.
What is the routing number on a check?
It is found at the bottom of a check and consists of 9 digits.
Checking account
Joint Bank Accounts: Benefits and Considerations
8 min de lectura
What Is a Joint Bank Account?
A joint bank account is a single account shared by two or more people, letting all account holders deposit, withdraw, and manage money from the same account. It's perfect for people who need to manage finances together, like spouses, parents and children, or business partners. Joint accounts can be set up as joint checking or joint savings accounts, depending on the co-owners' financial needs.
Click here to learn more about personal bank accounts in the U.S.
Benefits of Joint Bank Accounts
Managing shared expenses becomes much simpler with a joint account. Instead of juggling multiple accounts for different payments, you can handle household bills, car payments, mortgage payments, and other shared expenses from one place. This simplifies tracking and organizing your finances and reduces the need to transfer funds between separate accounts.
With a joint bank account, both account holders have access to the funds. This can be incredibly convenient in emergencies or when one partner is unavailable. For example, if a spouse is traveling or incapacitated, the other can still pay bills and manage shared expenses without delay. This equal access ensures financial management continues smoothly no matter the circumstances.
Open your account with Común now. Banking designed specifically for you.
Shared Financial Goals
Joint accounts are fantastic for working toward shared financial goals. Whether you're saving for a house, a vacation, or your child's education, having a joint account ensures both partners are on the same page and contributing toward these goals together. This shared approach can foster stronger financial planning and more cohesive spending and saving habits.
A joint bank account improves transparency and trust in relationships. It encourages open communication about finances and helps ensure both parties are aware of and agree on how money is being spent and saved. This can lead to better financial decisions and reduce the potential for misunderstandings or conflicts over money management.
In emergencies, a joint account ensures one partner can access funds if the other is incapacitated. This is especially important for older couples or those with health concerns, providing peace of mind that finances can be managed even in difficult times. Older parents and adult children can also benefit from this setup, ensuring necessary expenses are covered smoothly.
Considerations for Shared Accounts
Sharing an account means sharing individual control over your finances. It's important to have mutual agreements about spending and to trust your partner's financial decisions. This could be a drawback for those who prefer full autonomy over their money. Having both joint and separate accounts can balance shared financial management with personal spending autonomy.
Managing money together can sometimes lead to disagreements. To avoid conflict, set spending limits and have regular financial discussions to make sure both parties are on the same page. Clear communication is key to reducing potential disputes, and consulting a financial planner or wealth advisor can also help manage joint accounts effectively. Setting clear guidelines for deposits, withdrawals, and spending means deciding together how much each person will contribute to the joint account, whether a fixed amount or a percentage of income.
Rules for Spending and Saving
This can include setting rules for large withdrawals or purchases, requiring both partners' agreement to avoid disputes. Having a mutual understanding of how the account will be managed can prevent misunderstandings and foster a cooperative approach to money management.
Aligning Long-Term Financial Goals
Align your long-term financial goals, like saving for a house, retirement, or a child's education. Setting and working toward shared goals strengthens your financial partnership and provides clear direction for your joint account. Regularly review and adjust your goals as needed to stay on track and adapt to any changes in your financial situation.
Legal Aspects
Joint accounts come with legal responsibilities, like liability for overdrafts and debts. It's essential to have clear agreements, especially in business partnerships, to avoid legal complications. Understand the legal aspects and make sure both parties are aware of their responsibilities. The Federal Deposit Insurance Corporation (FDIC) insures joint accounts, but it's important to understand the coverage limits and implications.
Joint accounts can affect both account holders' credit scores. Responsible management and regular account monitoring are crucial to avoiding negative impacts on your credit. Make sure both partners are committed to maintaining good financial habits. Any debt incurred on the joint account will show up on both account holders' credit reports, so it's important to manage the account carefully.
Understanding the Legal and Tax Implications
Be aware of the legal and tax implications of having a joint bank account. In some cases, joint accounts can affect your individual credit standing and tax liabilities. Consult a financial planner or banking advisor to understand the impact on your personal finances, and make sure you comply with any legal requirements. This understanding helps you make informed decisions and avoid potential legal or financial issues.
Tips for Successfully Managing a Joint Bank Account
Communication is key, and regular financial discussions are essential. Talk openly about your financial goals, spending habits, and any concerns you may have. Schedule regular check-ins to review your joint account and discuss any changes in income, expenses, or savings goals. Open communication ensures both partners stay on top of the account's status and can address any issues promptly. Managing a joint bank account takes teamwork, communication, and clear guidelines. Here are some tips to help you navigate this financial arrangement smoothly:
- Keep Individual Accounts for Personal Spending. Keeping individual accounts for personal spending can help avoid conflict and ensure both partners have some financial independence. Separate checking and savings accounts can complement a joint account by providing a space for individual spending and saving. This setup lets each person manage their own money separately while still contributing to shared expenses through the joint account. It also reduces potential conflicts over personal purchases and spending habits. Introducing Común.app: for those looking to keep individual accounts alongside a joint account, Común.app offers a perfect solution. With Común.app, you can easily manage your personal finances while tracking your shared expenses. The app provides a user-friendly platform for budgeting, saving, and making payments, ensuring you have full control over your individual spending. This can be especially helpful for couples who want to balance shared financial goals with personal financial autonomy.
- Use Financial Tools and Resources. Make the most of the financial tools and resources available at your bank or financial institution. Many banks offer budgeting tools, financial planning services, and wealth advisors who can provide guidance on managing joint and separate accounts. These resources can help you and your partner stay on track with your financial goals and make informed decisions.
- Set Up a Contingency Plan. Have a contingency plan in case of emergencies or major life changes. Discuss what would happen if one partner becomes incapacitated, loses their job, or if the relationship changes. Having a clear plan ensures both partners are prepared for unforeseen circumstances and can keep managing the joint account effectively.
By following these tips, you can successfully manage your joint bank account, fostering a collaborative and transparent financial partnership. Remember, the key to a successful joint account is open communication, clear guidelines, and mutual respect.
We'll show you how to manage your personal accounts in the U.S. here
Conclusion
Joint bank accounts offer numerous benefits, from simplifying finances to fostering transparency and trust. However, they also require careful consideration and clear communication to avoid potential pitfalls. Weigh the pros and cons carefully and make sure both partners are on the same page before opening a joint account. Financial situations can change, so it's essential to stay flexible and adaptable. Regularly reassess your joint account setup and make adjustments as needed. Whether it's changing your contribution amounts, adjusting spending limits, or reevaluating your financial goals, staying adaptable ensures your joint account continues to meet both partners' needs.
Financial Education
Popular apps to send money from the United States: 2026 comparison
8 min de lectura
Popular apps to send money from the United States
The short answer is that it depends on what you're looking for. Whether you're splitting rent with a roommate, paying a friend back for dinner, or sending money home to your family in Mexico or Guatemala, there's an app for it. The key is selecting which one to use and when.
Sending Money from your phone
Today, millions of people living in the United States send money in minutes from their phones. This can be done to another person's bank account for someone sitting across the table from you at lunch or to a family member in a different country.
However, it is important to consider that not all apps work the same way, and choosing the right one for you could save you time or money. Some service providers offer fixed fees, while others offering international transfers include the cost in the exchange rate. This directly impacts how many pesos, quetzales, or lempiras your loved ones receive after the conversion.
How to compare money transfer apps?
It is recommended to look at three key factors that could impact the real cost of any transfer:
The transfer fee
The flat fee or percentage charge that is presented before the transaction is made. Some apps charge both a transfer fee and an exchange rate markup, while others charge only one. For domestic transfers within the United States, the fee is often the main cost to evaluate.
Speed
Faster delivery options could have a higher cost. Many apps offer a standard option that takes a few days at a lower cost, and an express option for more urgent transfers. For domestic transfers in the US, instant or same-day delivery is more common, though it may still carry an extra charge depending on the provider.
The exchange rate spread
For international transfers, this is the gap between the mid-market rate and the rate the app offers you. It is one of the most important cost drivers when sending money abroad. For domestic transfers in the US, there is no currency conversion, so this factor does not apply.
An overview of popular money transfer apps from the U.S.
| App | Cost | Speed | Transfer limits | Additional features | Coverage |
|---|---|---|---|---|---|
| Venmo | No fee (bank account/balance); 3% (credit card); instant transfer to bank: 1.75% (min $0.25, max $25) | Up to 1 day (standard); ~30 min (instant) | Up to $299.99/week (unverified); up to $60,000/week (verified) | Social payments feed; online and in-store purchases; Cash Card debit card | U.S. only |
| Zelle | No fee (some banks may apply fees) | Minutes | Limits vary by bank | Built into most major U.S. bank apps; no separate account needed | U.S. only |
| Cash App | No fee (bank account/debit card); 3% (credit card); instant transfer to bank: 0.5%–1.75% (min $0.25) | Standard: 1–3 business days; instant: ~minutes | Up to $7,500/week (verified users) | Cash Card debit; Bitcoin and stock investment; direct deposit | U.S. only |
| Común | No fee (U.S.); from $2.99 (international) | Instant to ~8 minutes (average) | $2,999/day · $4,999/7 days · $9,999/30 days · $19,999/90 days | Cash pickup and delivery; bank deposit and digital wallet; app in Spanish | U.S. and Latin America |
| Western Union | $3–$30+ (varies by amount, country, and method) | Minutes to several days (depends on method) | Up to $5,000 online | Cash pickup and delivery at 200+ country agent network; bank deposit and digital wallet | 200+ countries |
| Remitly | $0–$3.99 (varies by amount and method); first transfer may have a promotional rate | Express: minutes to same day; Economy: 3–5 business days | Up to $100,000 (verified U.S. users) | Express and Economy tiers; cash pickup; home delivery in select countries | 170+ countries |
| Wise | Variable fee from ~0.48%; mid-market rate with no markup | Instant to 2 days | Up to $1,000,000 per ACH transfer (verified) | Multi-currency account (40+ currencies); transparent fee shown before confirmation | 140+ countries |
| Revolut | No fee between Revolut users; Standard plan: no exchange fee up to $1,000/month on weekdays, then 0.5%; weekend transfers ~1% | Instant (Revolut-to-Revolut); up to 3–5 business days (external) | No preset maximum for most currencies | Savings tools; spending analytics; 25+ currency account; prepaid debit card | U.S., Europe, Latin America, Asia |
| PayPal | No fee (domestic, bank/balance); international personal transfers: 5% (min $0.99, max $4.99) + currency conversion spread 3–4% | Generally immediate | Up to $10,000 per transfer (verified accounts) | Accepted at millions of merchants globally; supports multiple linked payment methods | 200+ countries |
Data based on official provider sources as of April 28, 2026. Fees, limits, and exchange rates change frequently — always confirm current terms directly with each provider before sending. This table is for informational purposes only and does not constitute financial advice.
Reviewing six popular remittance apps in the U.S.
Sending money within the United States is not the same as sending money abroad. The costs and logistics work differently, especially when currency exchange comes into play.
1. Común
Común is a digital financial platform that offers services in Spanish and supports both domestic transfers and remittances to countries across Latin America. Users can receive direct deposits into a Común account and send money from the same balance. Transfers are typically completed within minutes, with an average delivery time of around eight minutes depending on the destination and method. Común also operates with cumulative transfer limits over time: $2,999/day · $4,999/7 days · $9,999/30 days · $19,999/90 days. To learn more visit comun.app/remittances.
2. Remitly
Remitly offers multiple delivery options, including bank deposits, cash pickup, and mobile wallets. The app tends to offer promotional exchange rates available for the first transfers; however ongoing transfers tend to include a different spread. It is important to review each service provider's exchange rate spread. Speed is flexible: Express transfers are faster but could come with a higher cost embedded in the rate.
3. Wise
Wise shows the mid-market rate and charges with a clearly defined fee. This model makes it easier to understand what you are paying. It is an app that users have reported to be useful when managing multiple currencies or sending money to different regions across the world.
4. Xoom
Xoom is part of PayPal, which can be convenient if you already use PayPal regularly. Transfers are generally quick to initiate and familiar for those who already know the platform. In some cases, exchange rates may include a wider spread compared to more specialized remittance providers, so it can be useful to check the rate offered on the day of the transfer.
5. Western Union
Its biggest advantage is cash pickup. Recipients can collect money in thousands of locations, which can be useful for those receiving the money who don't have bank accounts. The costs vary widely depending on how you send and receive money.
6. Felix Pago
Felix Pago operates through WhatsApp, which could simplify the transfer process for some users. It is primarily focused on transfers to Mexico, and pricing can be competitive in certain cases, though exchange rate spreads may vary depending on the transfer method and timing.
Which app works best for each country?
The reality is that it depends on specific needs, whether it is lower costs, delivery options or speed. Mexico is one of the largest recipients of remittances globally — most major apps support transfers from the United States to Mexico. Guatemala and Honduras are supported by several providers, including Común, Remitly, Western Union, and Xoom. Colombia and El Salvador are also served by a mix of providers.
What's the best exchange rate available right now?
It changes. Exchange rates fluctuate with currency markets, and provider margins shift with them as well. The recommended approach is to model your specific transfer before sending. Some app service providers offer tools to enter the amount and calculate the amount your recipient would actually receive.
What can I look out for when sending money?
Typos in recipient information:
These are the most common and costly errors. A wrong digit in a phone number or account number can delay a transfer for days or send money to the wrong person entirely.
Sending on a Friday afternoon or holiday weekend:
This often means that the money won't arrive until Monday or Tuesday, even for services that advertise same-day delivery.
Choosing the wrong delivery method:
A bank deposit doesn't help someone who doesn't have a bank account. A cash pickup location that's far from your recipient's town isn't convenient, no matter how fast the transfer is.
Not comparing rates for larger transfers:
The exchange rate spreads and fees directly affect the final amount the person receives.
FAQ
Which app charges the least?
It depends on the destination, amount, speed, and delivery method.
Which app is the fastest?
Speed can vary between domestic transfers within the United States and international remittances. Some providers offer faster delivery options that may come with an additional cost.
Can I send money without a bank account?
Some financial service providers like Común allow you to open an account with your home country's official ID which may be used to manage your finances and send money. Western Union also accepts cash payments at agent locations.
Are these apps safe?
Many money transfer apps operating in the United States are registered with financial authorities and are required to follow regulations related to consumer protection and anti-money laundering. Issues are often linked to user input rather than the platform itself.
The right app depends on what you need
The right app depends on what you need, and that can change over time. There is no single option that fits every situation. What tends to make the biggest difference over time is paying attention to the full picture, including fees, timing, and the final amount your recipient receives.
If you send money regularly to Latin America, it may be worth exploring options that combine everyday banking with remittances in one place. Visit comun.app to learn more.
Remittance service provided by Service UniTeller, Inc. Service UniTeller, Inc. is licensed in all states that require a license. Remittance fees start at $2.99 but may vary. Please check the app for more details. Comun Inc. may earn revenue from the conversion of foreign currencies.
Community
Using Your Digital Card From Day One: A Step-by-Step Guide
8 min de lectura
¿Por Qué Configurar una Tarjeta Digital?
Tu tarjeta digital está disponible para su uso tan pronto como financies tu cuenta, ofreciendo varias ventajas:
- Acceso Instantáneo: No hay período de espera para una tarjeta física.
- Conveniencia: Realiza compras en línea fácilmente en comerciantes populares como Amazon, Walmart y más.
- Flexibilidad: Usa la tarjeta digital para varias transacciones, incluyendo depósitos en efectivo con un código de barras en tu aplicación.
Configuración de Tu Tarjeta Digital
Sigue estos pasos para configurar y comenzar a usar tu tarjeta digital con Común¹:
1. Financia Tu Cuenta
Asegúrate de que tu cuenta bancaria esté financiada. Este paso es crucial, ya que tu tarjeta digital solo estará disponible después de que la cuenta tenga fondos.
2. Accede a la Tarjeta Digital
Abre tu aplicación bancaria Común y navega hasta la página principal.Busca el botón “Administrar tarjetas” en la esquina superior izquierda de la página principal.
3. Ver Detalles de la Tarjeta
Haz clic en “Administrar tarjetas” para acceder a las opciones de gestión de tarjetas.Para ver los detalles de tu tarjeta, haz clic en “Ver información de la tarjeta”.
4. Usando Tu Tarjeta Digital para Compras en Línea
Con los detalles de tu tarjeta visibles, ahora puedes usar tu tarjeta de débito digital para hacer compras en línea. Simplemente ingresa la información de la tarjeta en el proceso de pago en cualquier sitio web que acepte pagos con tarjeta de crédito o débito, incluidos grandes minoristas como Amazon y Walmart.
5. Depositar Efectivo
No necesitas esperar tu tarjeta física para depositar efectivo. Usa el código de barras en tu aplicación para hacer depósitos en efectivo en lugares compatibles.
Beneficios e Inconvenientes de Usar una Tarjeta Digital
Seguridad: Las tarjetas digitales ofrecen una capa adicional de seguridad para transacciones en línea. Se pueden bloquear o reemplazar fácilmente si se ven comprometidas, reduciendo el riesgo de robo de identidad y transacciones no autorizadas.
Uso Inmediato: Comienza a comprar en línea o deposita efectivo sin esperar tu tarjeta física.
Control: Gestiona los detalles de tu tarjeta directamente desde tu aplicación Común, lo que facilita el seguimiento de gastos y la actualización de información según sea necesario.
Conveniencia: No es necesario llevar una tarjeta física, lo que reduce el riesgo de perderla.
Inconvenientes Potenciales de Usar una Tarjeta Digital
Aceptación Limitada: Algunos comerciantes pueden no aceptar tarjetas digitales, especialmente para transacciones en tienda donde se requiere una tarjeta física.
Dependencia de la Tecnología: El acceso a tu tarjeta digital depende de tener tu dispositivo móvil y conexión a internet. Si pierdes tu teléfono, te lo roban o se queda sin batería, podría ser difícil acceder a los detalles de tu tarjeta.
Transición a Tarjeta Física: Una vez que llegue tu tarjeta física, necesitarás activarla y actualizar cualquier método de pago guardado, lo que puede ser un paso adicional.
Riesgos de Seguridad Potenciales: Aunque las tarjetas digitales son generalmente seguras, no son inmunes a ataques de phishing u otras estafas en línea. Es esencial estar alerta y practicar buenos hábitos de seguridad.
Why Set Up a Digital Card?
Your digital card is available to use as soon as you fund your account, offering several advantages:
- Instant Access: No waiting period for a physical card.
- Convenience: Easily make online purchases at popular merchants like Amazon, Walmart, and more.
- Flexibility: Use the digital card for various transactions, including cash deposits using a barcode in your app.
Setting Up Your Digital Card
Follow these steps to set up and start using your digital card with Común¹:
1. Fund Your Account
Make sure your bank account is funded. This step is crucial, since your digital card will only be available once the account has funds.
2. Access the Digital Card
Open your Común banking app and navigate to the home page. Look for the "Manage cards" button in the top left corner of the home page.
3. View Card Details
Click "Manage cards" to access card management options. To view your card details, click "View card information."
4. Using Your Digital Card for Online Purchases
With your card details visible, you can now use your digital debit card to make online purchases. Simply enter your card information at checkout on any website that accepts credit or debit card payments, including major retailers like Amazon and Walmart.
5. Depositing Cash
You don't need to wait for your physical card to deposit cash. Use the barcode in your app to make cash deposits at supported locations.
Benefits and Drawbacks of Using a Digital Card
Security: Digital cards offer an extra layer of security for online transactions. They can be easily locked or replaced if compromised, reducing the risk of identity theft and unauthorized transactions.
Immediate Use: Start shopping online or depositing cash without waiting for your physical card.
Control: Manage your card details directly from your Común app, making it easy to track spending and update information as needed.
Convenience: No need to carry a physical card, reducing the risk of losing it.
Potential Drawbacks of Using a Digital Card
Limited Acceptance: Some merchants may not accept digital cards, especially for in-store transactions where a physical card is required.
Technology Dependence: Access to your digital card depends on having your mobile device and an internet connection. If you lose your phone, it's stolen, or the battery dies, it could be difficult to access your card details.
Transition to a Physical Card: Once your physical card arrives, you'll need to activate it and update any saved payment methods, which can be an extra step.
Potential Security Risks: While digital cards are generally secure, they aren't immune to phishing attacks or other online scams. It's essential to stay alert and practice good security habits.
How to Avoid the Drawbacks of a Digital Card
While digital cards offer many benefits, being aware of potential drawbacks and mitigating them ensures a smooth, secure experience. Here are some tips on how to avoid common issues associated with digital cards:
Confirm Merchant Acceptance:
Before making a purchase, especially in-store, confirm that the merchant accepts digital cards or mobile wallet payments like Google Pay or Apple Pay. For online purchases, most major retailers will accept digital cards without issue.
Prepare for Technology Dependence:
Always have a backup plan. Keep a secondary payment method, like a physical card or another digital wallet, available in case your mobile device isn't accessible. Charge your phone regularly and consider carrying a portable charger.
Smooth Transition to a Physical Card:
When your physical card arrives, activate it right away and update your payment information across all your regular services. This includes updating saved card details on online shopping sites and digital wallets to ensure continuity.
Improve Security Measures:
Protect your digital card against phishing attacks by only entering card details on trusted websites. Use a secure browser extension or app to generate unique digital card numbers for different transactions, adding an extra layer of security.
Enable notifications for all transactions to monitor for any unauthorized activity. This helps you quickly detect and respond to any suspicious transactions.
Stay Informed and Proactive:
Regularly review your account settings and transaction history in the Común app to stay on top of your finances.
Set spending limits on your digital card to manage your budget and avoid overspending. Keeping an eye on your available balance ensures you don't face declined transactions due to insufficient funds.
Use Customer Support:
If you run into any issues or have questions about using your digital card, don't hesitate to contact Común customer service. They can provide additional assistance and help you resolve any issues quickly.
Get your digital card with Común right now!
Open your bank account¹ in 3 minutes with your country's ID²
Integrating Digital Cards With Digital Wallets
For added convenience, you can integrate your digital card with digital wallets like Google Pay and Apple Pay. This lets you use your digital card for both online and in-store purchases without needing the physical card. Simply add your digital card details to your preferred digital wallet app and start spending safely and conveniently.
Managing Your Digital Card
Using your digital card effectively means staying on top of your account settings and spending limits. Here are some tips for managing your digital card:
- Monitor Transactions: Regularly review your transaction details in your Común app to make sure all charges are correct.
- Set Spending Limits: Control your spending by setting limits on your digital card, helping you avoid overspending and better manage your budget.
- Update Payment Information: Keep your payment information up to date, especially if you receive a new digital card or need to change your billing address.
Conclusion
Setting up and using your digital card from day one is a simple process that offers immediate access and convenience. While there are numerous benefits, including greater security and instant availability, it's important to be aware of potential drawbacks. By understanding both the pros and cons, you can make informed decisions about how best to use your digital card.
Take advantage of the ease of modern banking by activating your digital card today and enjoy the benefits of instant access to your funds. Whether you're making online purchases or depositing cash, your digital card provides a flexible, secure way to manage your finances. Visit Común to learn more about setting up your digital card and explore other innovative banking solutions we offer.
Living in the United States
5 Apps to Earn Money Fast in the United States
8 min de lectura
Are you looking for ways to make extra money from the comfort of your home or during your free time? Thanks to technology, it is now possible with just a mobile phone and an internet connection. In this article, we present five apps that will let you earn money quickly and easily.
You can earn money from your phone in the U.S. with paid surveys (Eureka Surveys, Google Opinion Rewards), freelance work (Fiverr), selling used items (Mercari), or driving for Uber or Lyft. With Común, you can receive all of those payments in an account without SSN, without monthly fees, and in Spanish.
Eureka Surveys or Survey Pop:
1. Eureka Surveys is a platform that lets you earn money by answering surveys in minutes on your own schedule. You will accumulate points that you can redeem for gift cards or cash through PayPal.
Google Opinion Rewards:
2. Google Opinion Rewards is an app created by Google that lets you earn money by answering short surveys. For each completed survey, you will receive a reward redeemable in Google Play.
Fiverr:
3. Fiverr is a freelance services platform where you can offer your skills and knowledge in exchange for money. You can find jobs in design, writing, digital marketing, programming, and more. Remember to connect your Común account to Fiverr.
Mercari:
4. Mercari is a buying and selling app where you can sell new or used items. The app keeps a small commission for each sale made.
Uber or Lyft:
5. If you have a car and free time, you can take advantage of transportation apps like Uber or Lyft to earn extra money as a driver.
Making money quickly is easier than it seems thanks to these apps. Remember that with Común you get a free checking account and a VISA debit card with access to more than 57,000 ATMs.
Instant payments
Safe and fast ways to send money without a bank account
8 min de lectura
Did you know it is possible to send money without having a bank account? The lack of access to financial services is a problem that negatively affects the quality of life of thousands of immigrant workers in the United States.
For example, according to a recent survey, the rate of the Latino community in the United States without a bank account dropped from 15% to 10% over the last two years. However, it remains high compared to the national average of 4.5%.
While having a bank account facilitates financial transactions such as transfers, in-store payments, and online purchases, there are now alternatives that allow you to access banking services without needing an account.
Below, you will discover how to transfer money from one card to another without an app or bank account, as well as the safest and simplest methods available to you.
Sending Money Online
Not having a U.S. bank account is not an obstacle to sending money domestically or internationally, as there are methods widely used among immigrant workers who regularly send remittances and conduct other transactions using prepaid cards and cash payments.
International Money Transfer Providers
This is one of the most popular ways to send money without a bank account due to the accessibility, variety of payment methods, and broad coverage typically offered.
International money transfer providers are companies that specialize in facilitating money transfers from one country to another. The key features of these services include:
- Specialization in international money transfers, unlike traditional banks, which have certain limitations, such as high commissions, unfavorable exchange rates, extensive delivery time, and participation of intermediaries that increase costs.
- More affordable fees.
- Various sending methods.
- Multiple Money Transfers Locations
How to Send Money Without a Bank Account Through an International Transfer Platform
Comun allows you to send money to your loved ones for a modest transfer fee starting at USD 2.99 up to the applicable limits. It is very simple; just follow these steps:
1. Open your account with Comun; it will only take a few minutes!
2. Choose the most convenient delivery method for your recipient, such as cash pick up at a physical store like Oxxo, Grupo Elektra, 7 Eleven, and more.
3. You may also send money directly to a bank and have it picked up at one of its branches.
4. Track the delivery directly in your Comun mobile application.
Comun is an excellent option for our community, as it provides Spanish-language service, which is highly appreciated by the immigrant community. Open your account today and start sending money without complications.
What Information Do You Need to Send Money Without a Bank Account?
To send money without a bank account, you only need the following information about your recipient:
- Full name of the recipient, exactly as it appears on their official ID.
- Recipient’s phone number.
- If the transfer is made to a bank account, you will also need:
- Recipient’s address.
- Bank account number, depending on the receiving country.
P2P Services
P2P (peer-to-peer or person-to-person) services allow immediate money transfers between individuals without intermediaries. These options are useful for everyday needs such as paying rent, shared services, splitting transportation costs, and sending money to your relatives in the US or internationally.
How to Send Money Without a Card Using P2P Services
- Choose a reliable provider, such as Cash App or Venmo.
- Enter the recipient’s phone number in the mobile app.
- Confirm the transaction and track it.
Sending Money by Mail
Other alternatives involve sending a cashier’s check, a certified check, or a money order through the postal service.
Cashier’s Check
This type of check is issued with the bank’s funds. The customer must pay in cash or directly from their account, and the check is made payable to the recipient.
Certified Check
This check is issued using the customer’s funds. The issuer must have a bank account so that the bank can verify the availability of funds. The recipient may cash the check directly at a bank branch.
Money Order
Another way to send money without a bank account is by using a money order, which is a type of prepaid payment order. To do so, you will need to:
1. Go to a post office or authorized retailer, such as USPS or Walmart, to purchase a money order.
2. Write the beneficiary’s name in the “pay to the order of” section.
3. Write your name in the “purchaser” section.
4. Sign in the space designated for the purchaser, generally on the front of the document.
5. Keep the receipt with the serial number.
6. Pay the amount to be sent plus applicable service fee.
7. Send the money order via regular or certified mail.
8. Write the recipient’s address in the center of the envelope and the sender’s address in the upper left corner.
9. Purchase a postage stamp at the post office and attach it to the envelope.
10. Drop off the envelope at the post office.
The recipient may cash the money order at an authorized branch upon presenting valid personal identification.
The downside of this alternative is that it takes longer to arrive, as it relies on a traditional mailing method.
Sending Money With Prepaid Load
There are other options available to send money without a bank account, such as prepaid cards and mobile applications.
Reloadable Prepaid Cards
Reloadable prepaid cards function similarly to debit cards, with the main difference being that they are not linked to a bank account. They also allow you to pay for services and make online purchases.
To send money using a prepaid card, you only need to:
1. Identify an international money transfer service that supports prepaid cards, such as Western Union or MoneyGram.
2. Select your preferred provider and choose the prepaid card option on their website.
3. Enter the recipient’s information, making sure it is compatible with the selected platform.
4. Confirm the transfer and pay the amount plus the applicable service fee.
Done! The recipient will receive the money on the prepaid card as if it were a bank transfer.
Mobile Wallets/Applications
Lastly, you may opt for mobile wallets or applications that offer money transfer capabilities. Some examples include Cash App, Venmo, and Remitly, which provide access to an mobile app you can use to send and receive money.
These applications do not require a bank account and are user-friendly. Some also offer physical cards that function similarly to debit cards.
7 Essential Tips for Sending Money Without a Bank Account
1. Verify the Identity and Information of the Recipient
Ensure that the recipient’s information, such as name, account number, or phone number, is entered correctly. Any discrepancies could prevent the recipient from collecting the funds.
2. Compare Fees and Exchange Rates
Each provider has its own rates depending on the receiving country, amount, and exchange rate. Remember, with Comun you do not pay excessive fees, and you ensure your family receives more for less.
3. Know the Sending Limits
Some platforms have sending limits that should be considered before selecting a service. For instance, Western Union has a daily limit of USD 7,499, while Cash App allows up to USD 7,500 per week for verified accounts.
4. Keep All Receipts and Reference Numbers
Even though these methods are secure, it is important to keep receipts and reference numbers in case a clarification or issue arises.
5. Use Reputable and Secure Services
It is essential to ensure that you use a trusted service. Check online reviews and verify that the provider has an official website and/or physical offices.
6. Be Cautious of Scams
Unfortunately, scams are common around financial services. No legitimate institution will request passwords or verification data. Always access official websites. If in doubt, visit an authorized branch.
7. Consider Delivery Time
Most options allow you to complete transfers in minutes, but some may take several days. Consider this before choosing your preferred service.
Frequently Asked Questions
Is it safe to send money without a bank account?
Absolutely. Comun is backed by leading financial institutions to protect your funds up to the applicable limits. Additionally, you can track your transfer directly through the Comun mobile app.
How much does it cost to send money without a bank account?
Comun offers a transfer fee starting at USD 2.99, regardless of the amount you send up to the applicable limits. Your first transfer is commission-free!
How long does it take for the money to arrive?
Cash is typically available within approximately 1 hour at the selected store or bank branch.
What documents do I need to send/receive money without an account?
You need the full name of your recipient, and they must present official identification.
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.”
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.
