Community
Learn how to manage your money, send money home with confidence, and build a secure financial future for you and your family.
Living in the United States
Back to School in the U.S.: A Guide for Immigrant Families
Starting a new school year in the U.S. means enrollment paperwork, supply lists, and new expenses — and it can look very different from school systems in Mexico, Colombia, Guatemala, El Salvador, or Honduras. This guide covers what to expect and how to prepare with confidence.
8 min read
Olivia Rhye
20 Jan 2024
Starting a new school year in the United States can involve several administrative and financial tasks. Enrollment requirements, school supply lists, transportation arrangements, meal programs, and extracurricular activities can vary between districts and schools.
For many immigrant families, the process may also involve adapting to a school system that works differently from those in Mexico, Colombia, Guatemala, El Salvador, Honduras, and other countries. Understanding how schools operate, what documents are typically required, and how to prepare financially can make the transition smoother.
This guide explains what to expect during the back to school season in the U.S., how school enrollment works, what supplies children may need, and how to prepare for the school year with confidence.
When does the school year start in the U.S.?
Unlike some countries that follow a national academic calendar, school start dates in the United States are generally determined by states, school districts, and local education authorities.
Most public schools begin classes between early August and early September.
The table below shows common start periods for several major states during the 2026 school year.
| State | Typical 2026 school start period |
|---|---|
| Alabama | Early August |
| Alaska | Mid-August |
| Arizona | Late July to early August |
| Arkansas | Mid-August |
| California | Early to mid-August |
| Colorado | Mid-August |
| Connecticut | Late August to early September |
| Delaware | Early September |
| Florida | Early to mid-August |
| Georgia | Early August |
| Hawaii | Early August |
| Idaho | Late August |
| Illinois | Late August |
| Indiana | Early to mid-August |
| Iowa | Late August |
| Kansas | Mid-August |
| Kentucky | Early to mid-August |
| Louisiana | Early August |
| Maine | Early September |
| Maryland | Early August |
| Massachusetts | Late August to early September |
| Michigan | Early September |
| Minnesota | Early September |
| Mississippi | Early August |
| Missouri | Late August |
| Montana | Early September |
| Nebraska | Mid-August |
| Nevada | Early August |
| New Hampshire | Early September |
| New Jersey | Early September |
| New Mexico | Early August |
| New York | Early September |
| North Carolina | Late August |
| North Dakota | Late August |
| Ohio | Late August |
| Oklahoma | Mid-August |
| Oregon | Early September |
| Pennsylvania | Late August |
| Rhode Island | Early September |
| South Carolina | Late August |
| South Dakota | Mid-August |
| Tennessee | Early to Mid-August |
| Texas | Early to mid-August |
| Utah | Mid-August |
| Vermont | Early September |
| Virginia | Mid to late August |
| Washington | Early September |
| West Virginia | Late August |
| Wisconsin | Early September |
| Wyoming | Late August |
Source: https://us-school-calendar.com/first-day-of-school-2026
The school year generally runs from August or September through May or June. Winter break, spring break, teacher workdays, and holidays are scheduled throughout the year.
Because school calendars can differ even within the same city, families should always verify dates directly with the local school district.
What differentiates the U.S. school system from those in Latin America?
One of the most noticeable differences is the strong role of local school districts. Curriculum decisions, school calendars, transportation policies, and enrollment procedures can vary from one district to another.
Schools are generally organized into:
- Elementary school
- Middle school or junior high school
- High school
Grade levels may differ slightly depending on the district.
Another difference involves parental communication. Schools frequently use online portals, email notifications, text messages, and mobile applications to share grades, attendance records, schedules, and announcements.
Parents may also encounter:
- Parent-teacher conferences
- School volunteer opportunities
- Individual learning plans
- English language support services
- After-school activities and sports programs
Students who arrive from another country may qualify for English learner services designed to support language development while continuing their academic education.
How to enroll your children: documents and process
Most public schools ask families to provide documents during enrollment that are typically used to confirm a child's age, home address, vaccination history, and prior education.
Commonly requested documents include:
- Birth certificate
- Passport
- Proof of address
- Immunization records
- Previous school records or transcripts when available
- Parent or guardian identification
Enrollment can be completed online, in person, or through a district enrollment center.
One of the most important facts for immigrant families to understand is that children have a constitutional right to attend public elementary and secondary schools regardless of their immigration status. This protection comes from the U.S. Supreme Court decision in Plyler v. Doe
As a result, public schools generally cannot deny enrollment solely because a child or parent lacks immigration documentation.
School districts may still request documents that establish residency within the district and verify a child's age, but immigration status is not a requirement for access to public education.
Families who recently arrived in the United States and do not yet have all prior school records should contact the district directly. Many schools have procedures for assisting students during the enrollment process while records are being obtained.
The U.S. school supply list: what to expect and how to optimize spending
School supply requirements in the United States are often determined by individual schools or teachers rather than a national standard. In addition to notebooks and pencils, families may be asked to provide classroom supplies such as tissues, disinfecting wipes, folders, headphones, calculators, or art materials depending on the grade level. Unlike some countries like Mexico's Becas Benito Juárez, children in the U.S. do not receive cash stipends for school supplies.
Teachers often publish detailed lists before the school year begins. Depending on the grade level, families may be asked to purchase:
- Notebooks
- Folders
- Pencils and pens
- Colored pencils
- Markers
- Glue sticks
- Scissors
- Tissues
- Hand sanitizer
- Backpacks
- Calculators
- Headphones or earbuds
Some classrooms also request community supplies that are shared among students.
When it comes to school supplies, the costs can add up quickly. However there are some strategies that may help reduce expenses:
- Compare prices across multiple retailers
- Purchase supplies gradually during summer sales
- Reuse items that remain in good condition from the previous year
- Check whether local organizations distribute supplies at no cost
- Review teacher lists carefully before making purchases
Some teachers provide additional guidance during the first weeks of school.
How to budget for back to school as an immigrant family
The total cost of a school year is often easier to manage when families plan for it as an ongoing expense rather than isolated expenses. A budget that covers the entire academic year can help reduce unexpected financial pressure.
When preparing a back to school budget, families may also need to consider:
- Transportation
- School meals
- Uniforms when required
- Sports participation fees
- Extracurricular activities
- Technology expenses
- Field trips
- Childcare before or after school
Creating a seasonal budget can make these expenses easier to manage. A useful approach can be to divide costs into three main categories:
Enrollment expenses
These may include uniforms, school supplies, and transportation arrangements before classes begin.
Monthly school expenses
Lunch money, transportation, activity fees, and classroom contributions that continue throughout the year.
Unexpected expenses
Field trips, special projects, replacement supplies, and school events can appear with limited notice.
Considering those three categories can help families avoid relying on emergency funds during the school year. However, it is always important to consider your context and plan according to your own needs.
School support programs for immigrant families
Accessing available school support programs can help reduce some of the challenges families face during the academic year. School districts frequently partner with local organizations to provide services that support student success both inside and outside the classroom. These resources can help families navigate academic, language, and financial barriers that may arise during the school year.
Available resources vary by location but may include:
School meal programs
Eligible students may qualify for breakfast and lunch programs offered through their school district.
English learning services
Students developing English skills may receive language instruction and academic support.
After-school programs
Schools, community centers, and nonprofit organizations often provide academic enrichment and recreational activities.
School supply assistance
Some districts, churches, and community organizations distribute backpacks and school supplies before the academic year begins.
Family resource centers
Certain districts maintain offices that help families access educational resources, translation services, and community support programs.
These programs are designed to help students participate fully in school regardless of their family's circumstances. Checking what is available locally can help families take advantage of resources that support learning, nutrition, and school involvement.
How Común helps you manage school year expenses
Back-to-school season can involve a wide range of financial responsibilities. School supplies, transportation costs, lunch expenses, extracurricular activities, and classroom contributions can create recurring expenses throughout the year.
For families who also support relatives abroad, the back-to-school season may extend beyond the United States. Some immigrants may contribute to support the educational expenses for children back home.
Común offers remittance services that allow eligible customers to send money to Latin America directly through the app, with fees starting at $2.99.
For everyday financial management, eligible customers can open an account using an ITIN, a passport, or more than 100 accepted Latin American IDs. Común also offers features that can help families manage school-year spending, including direct deposit, debit card access, and customer support in Spanish through the app with no mínimum balance requirements or monthly maintenance fees.
For group expenses such as field trips, classroom activities, sports teams, or shared school purchases, ComunPay can help parents collect and send payments directly from the app.
This school year, organizing expenses in one place can make it easier to track spending, support family members, and prepare for school-related costs throughout the year.
FAQ
Do I need immigration documents to enroll my children in school?
Public schools cannot deny enrollment solely because of a child's or parent's immigration status. School districts commonly request proof of age, residency, and immunization records, but immigration documentation is generally not required for enrollment.
When does the school year start in the U.S.?
Most schools begin classes between early August and early September. Exact dates vary by state, district, and school system.
Are school supply lists longer in the U.S. than in Latin America?
It depends. Teachers often provide detailed lists that may include classroom supplies, technology accessories, and shared materials used throughout the school year.
What vaccinations do my children need to enter school in the U.S.?
Vaccination requirements vary by state and school district. Schools typically provide a list of required immunizations during enrollment, and additional guidance may be available through local health departments.
How can I help my children with the language if they don't speak English when they arrive?
Many public schools offer English learning programs that provide language support while students continue learning grade-level subjects. Additional tutoring and community programs may also be available locally.
Are there financial aid programs for school supplies for low-income families?
Some school districts, nonprofit organizations, religious institutions, and community groups distribute school supplies or provide financial assistance before the academic year begins. Availability depends on the location and program requirements.
Financial Education
Money transfer scams in 2026: how to identify and avoid them
8 min read
July 17, 2026
Money transfer scams in 2026: how to identify and avoid them
Money transfer scams continue to affect thousands of families across the United States, especially immigrant communities that regularly send money to loved ones abroad. In recent years, scammers have become more sophisticated, using fake banking apps, social media impersonation, AI-generated voices, and emotional manipulation to steal money and personal information.
According to recent data from the Federal Trade Commission (FTC), consumers reported losing $15.9 billion to fraud in 2025, with impersonation scams remaining the most commonly reported types of fraud.
For Latino immigrants in the U.S., these scams can feel especially stressful because they often involve urgent family situations, language barriers, or financial pressure.
What are money transfer scams?
Money transfer scams are fraudulent schemes designed to convince someone to send money or share sensitive financial information. These scams may happen through phone calls, text messages, WhatsApp, social media, fake banking apps, email phishing, or online marketplaces.
Most common scams in 2026
Bank impersonation scams:
Scammers pretend to be your bank, sending messages that look official asking if you authorized a transaction. They then call claiming to represent the bank and instruct you to transfer funds to 'reverse' fraud.
Government impersonation scams:
Someone claims to be from the IRS, Social Security, or immigration and threatens consequences if you don't pay immediately.
Marketplace scams:
Scammers on platforms like Facebook Marketplace request payment through transfers. After funds are sent, the item may never arrive.
Overpayment scams:
A scammer claims to have 'accidentally' sent money and asks for it back. Their original payment may later be reversed or prove fraudulent.
Romance/friendship scams:
Someone develops an online relationship and then asks for money for an 'emergency'.
AI-generated voice scams:
In 2026, scammers use AI to clone family members' voices and create false urgency by claiming to be in an emergency.
Red flags: how to recognize a scam
- They ask you to send money immediately or you'll 'lose' something
- They pressure you to keep the transaction secret
- The offer seems too good to be true
- They ask you to pay with hard-to-trace methods (gift cards, wire transfers, crypto)
- The phone number or email doesn't match the official one
- They unexpectedly ask you to confirm personal information
What to do if you were scammed
- Contact your financial institution immediately
- Report to the FTC at reportfraud.ftc.gov
- Save all evidence: screenshots, messages, phone numbers
- Change passwords and enable two-factor authentication
How Común protects your money
Común uses encryption and identity verification to protect transactions. If you receive a suspicious message claiming to be from Común, contact official support directly through the app or at ayuda@comun.app. Común will never ask for your password or verification code via text message.
FAQ
How do I know if a call is really from my bank?
Hang up and call the official number on the back of your card or the bank's official website. Legitimate banks will never ask you to transfer money to 'protect it'.
Can I get my money back if I was scammed?
It depends on the transfer method and how quickly you report. P2P transfers and wire transfers are difficult to reverse. Report immediately to your financial institution.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC.
Financial Education
What is a wire transfer? A complete guide for 2026
8 min read
July 17, 2026
What is a wire transfer? A complete guide for 2026
A wire transfer remains one of the most widely used methods for moving large amounts of money quickly through financial institutions. It is commonly used for urgent transactions, high-value payments, or international bank transfers that often involve additional verification procedures and transaction monitoring.
According to Federal Reserve Fedwire statistics, around 209.9 million wire transfers were processed in 2024, an 8.6% increase compared to the previous year.
What is a wire transfer?
A wire transfer is an electronic transfer of funds between financial institutions through secure financial networks. Wire transfers are commonly used for: sending large amounts of money, urgent domestic payments, international bank transfers, real estate transactions, business payments, emergency family transfers.
How long does a wire transfer take?
| Transfer Type | Typical Delivery Time |
|---|---|
| Domestic wire transfer | Same day or within hours |
| International wire transfer | Typically 1–5 business days |
| ACH transfer | Typically 1–3 business days |
| Remittance app transfer | Typically in minutes to 2 days |
How much does a wire transfer cost in 2026?
| Transfer Type | Average Cost |
|---|---|
| Domestic outgoing wire | $15–$35 |
| International outgoing wire | $35–$75 |
| Incoming international wire | $10–$20 |
| Exchange rate markup | 1%–4% depending on the provider |
Fees and exchange rate markups vary by bank, destination country, transfer amount, intermediary institutions, and payment method. Always review the total transfer cost before sending money internationally.
Advantages and disadvantages of wire transfers
Advantages:
- Speed for time-sensitive payments
- Higher transfer limits
- Secured financial infrastructure
- Useful for international banking
Disadvantages:
- Higher costs
- Transfers are difficult to reverse
- More banking information is required
- Longer processing for international transfers
Wire transfer vs. money transfer apps
| Feature | Wire Transfer | Digital Remittance App |
|---|---|---|
| Typical use | Large or time-sensitive transfers | Regular family or friend remittances |
| Average cost | Typically $15–$75 transfer fees | Usually lower — flat fees or 0.48%–1% |
| Speed | Same day to several days | Typically in minutes to 2 days |
| Currency conversion | Bank-set rate, markup typically 1–4% | Near mid-market rate, markup 0–1.4%, shown upfront |
| Setup process | More banking details required (routing, SWIFT/IBAN) | Usually app-based, quick mobile signup |
| Best for | High-value or business payments | Frequent personal transfers |
FAQ
Can I make a wire transfer without a bank account?
In general, wire transfers require both parties to have bank accounts. For transfers without a bank account, consider alternatives like remittance apps.
Is a wire transfer safe?
Yes, wire transfers use regulated banking systems with transaction records and tracking. However, they are difficult to reverse if incorrect information is entered.
When should I use a wire transfer instead of an app?
Wire transfers make sense for high-value, urgent, or institution-required payments. For regular remittances to family, digital apps typically offer lower cost and more convenience.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. Remittance service provided by Service UniTeller, Inc.
International Money Transfers
Which banks offer Zelle in Mexico? What you need to know in 2026
8 min read
July 17, 2026
Which banks offer Zelle in Mexico? What you need to know in 2026
Zelle does not send money directly to Mexico. Zelle only works between eligible U.S. bank accounts and credit unions within the United States.
If you are looking into different methods for sending money to your family in Mexico, you may be searching for 'which banks offer Zelle in Mexico' or trying to understand if Zelle works internationally. This is a common misunderstanding for immigrant families in the U.S. No Mexican bank officially offers Zelle for receiving transfers from the U.S., and Zelle itself is not designed for international money transfers or currency conversion.
What is Zelle and how does it work?
Zelle is a digital payment service that facilitates peer-to-peer transfers at select partner banks in the United States. It is known for its speed, with transfers appearing in minutes, and for its extensive coverage across the U.S. Some U.S. financial institutions that support Zelle include Bank of America, Chase, Wells Fargo, Citi, PNC, and many more.
Why doesn't Zelle work for sending money to Mexico?
Cross-border money transfers require financial institutions, payment networks, regulatory approvals, identity verification procedures, and international settlement systems. Zelle was built around domestic payment systems in the U.S. Because of this, the service does not support direct transfers from U.S. bank accounts to recipients in Mexico.
Alternatives for sending money to Mexico from the U.S. (2026 comparison)
| Service | Typical starting fees | Delivery speed | Exchange rate model | Cash pickup |
|---|---|---|---|---|
| Remitly | Varies; ~$1.99+ for bank deposit to Mexico | Express: minutes to same day; Economy: 3–5 days | Exchange rate markup applies | Yes |
| Wise | From ~0.48% of transfer; shown upfront | Usually same day to 2 days | Mid-market rate, no markup | Limited (select corridors) |
| Xoom | Depends on payment method and destination | Minutes to 1 day | Exchange rate markup applies | Yes |
| Western Union | Varies widely by method and destination | Minutes to several days | Exchange rate markup applies | Yes (extensive agent network) |
| Común | Starts at $2.99 via UniTeller; may vary | Varies by destination and method | Rates displayed before transfer | Yes (depending on delivery option) |
Fees, exchange rates, and delivery times vary based on transfer amount, destination, funding method, and payout option. In 2026, a 1% federal excise tax applies to cash-funded transfers. Bank, debit, and credit card transfers are exempt.
How the new 1% tax on cash remittances affects transfers to Mexico
Starting in 2026, a 1% federal tax applies to certain remittance transfers. The tax applies when you pay with cash, money order, or cashier's check. Transfers funded from a U.S. bank account or with a U.S.-issued debit or credit card are exempt by law.
FAQ
Does Zelle work in Mexico?
No. Zelle does not support international transfers. There is no Mexican bank that offers Zelle for receiving money from the U.S.
What is the best app to send money to Mexico?
It depends on your specific situation. Común offers transfers starting at $2.99 with transparent pricing. Visit comun.app/remittances to learn more.
Remittance service provided by Service UniTeller, Inc. Remittance fees start at $2.99 but may vary. Común Inc. may earn revenue from the conversion of foreign currencies.
Financial Education
How to deposit money into someone else's bank account: 5 updated methods (2026)
8 min read
July 17, 2026
How to deposit money into someone else's bank account: 5 updated methods (2026)
In 2026, there are more ways than ever to send money to another bank account, but each option works differently. Some methods require a routing and account number, while others only need a phone number, email, or QR code.
5 ways of depositing money into someone else's bank account
| Method | What You Need From the Recipient | Speed | Typical Cost | Best For |
|---|---|---|---|---|
| Bank branch deposit | Full name + account number | Same day or next business day | Usually no fee | Paying rent, helping family |
| ACH bank transfer | Routing number + account number | 1–3 business days | Often free | Transfers between financial institutions |
| P2P apps | Phone number, email, username, or QR code | Minutes to 1 business day | Often free | Everyday payments and splitting expenses |
| Wire transfer | Full bank details and identity information | Same day | Fees vary by financial institution | Urgent or high-value transfers |
| Check deposit | Recipient's name and mailing/deposit information | Several business days | Usually low or no fee | Documented or scheduled payments |
Bank branch deposits
One of the simplest ways to deposit money into someone else's account is by visiting their bank branch directly. To deposit money at a branch, you generally need: the recipient's full name, the recipient's account number, and the cash or check you want to deposit.
ACH bank transfer
ACH transfers are electronic bank-to-bank transfers through the Automated Clearing House network. To send an ACH transfer to another person's account, you need: the recipient's bank routing number and account number.
P2P payment apps
Peer-to-peer payment apps like Común's Pay, Venmo, Cash App, and Zelle allow you to send money quickly to another person using just a phone number, email, username, or QR code.
Wire transfer
Wire transfers are electronic bank-to-bank transfers that complete quickly, usually the same business day for domestic transfers. They are typically used for large amounts or urgent payments.
Check deposit
You can also write a personal check to another person. This option is slower than digital methods but can be useful for documented or scheduled payments.
FAQ
Can I deposit cash into someone else's bank account?
It depends on the bank. Some banks allow cash deposits into third-party accounts at a branch, while others may restrict it due to fraud prevention policies.
What is the fastest way to send money to another account?
P2P apps like Común's Pay, Venmo, and Zelle are generally the fastest for everyday transfers. Wire transfers are faster for large amounts.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. Peer-to-peer payments services are provided by Cross River Bank.
Financial Education
Apps like Chime: Best alternatives for 2026
8 min read
July 17, 2026
Apps like Chime: Best alternatives for 2026
Digital banking apps have changed how many people in the United States manage their money. Instead of visiting physical branches, people can now open accounts, receive direct deposits, send payments, and manage spending directly from their phones.
Among these apps, Chime has become one of the most recognized names in digital banking. However, for many immigrants in the United States, traditional fintech apps may not fully meet everyday financial needs. Some people may need an app that supports ITIN-based onboarding, offers easier ways to send money to Latin America, or provides customer support in both English and Spanish.
What is Chime and why look for alternatives?
Chime is a financial technology company that offers mobile-first banking services through partner banks. Its features include early direct deposit, debit cards, fee-friendly banking options, and automatic savings tools. Some users may look for alternatives because they want: international remittance options, ITIN or passport-based onboarding, bilingual customer support, or cash transfer flexibility.
Comparison of apps like Chime (2026)
| App | Sin comisión mensual | Acepta ITIN/Sin SSN | Soporte en español | Remesas internacionales | Transferencias P2P | Depósito directo anticipado |
|---|---|---|---|---|---|---|
| Chime | Sí | No | No | No | No | Sí* |
| Común | Sí* | Sí | Sí | Sí | Sí | Sí* |
| Current | Sí | No | No | No | Sí | Sí |
| Varo | Sí | Sí (ITIN) | No | No | No | Sí |
*Terms and conditions apply. Verify current requirements with each provider.
Común — The alternative designed for Latino immigrants
Común is a digital financial platform built specifically for the Latino community in the U.S. Unlike Chime and other digital banking apps, Común accepts more than 100 valid Latin American IDs to open an account, offers 24/7 customer support in Spanish, allows sending remittances to Latin America starting at $2.99, and has an app available fully in Spanish. Visit comun.app to learn more.
Varo
Varo accepts ITINs for account opening, making it more accessible for some immigrants. It offers basic banking features without monthly fees. However, it does not offer international remittances or Spanish-language support.
Current
Current offers digital banking with early direct deposit and P2P transfers. However, it does not accept ITINs for account opening and has no Spanish support or international remittances.
Which is the best Chime alternative for immigrants?
It depends on your specific needs. If you need remittances to Latin America, Spanish-language support, and the ability to open an account without an SSN, Común may be the most complete option.
FAQ
Can I open a Chime account without an SSN?
Chime generally requires an SSN to open an account. For immigrants who do not yet have an SSN, there may be better alternatives like Común.
What is the best banking app for Latino immigrants?
Común is designed specifically for Latino immigrants in the U.S. with Spanish support, account opening with Latin American IDs, and international remittances.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC.
Financial Education
How to transfer money between banks? 2026 guide
8 min read
July 16, 2026
How to transfer money between banks
To transfer money between banks in the United States, you can use an ACH transfer, wire transfer, online bank transfer, peer-to-peer payment app, or a fintech app connected through Plaid. The right option will depend on how quickly you need the money to arrive, how much you are sending, and the transfer fees.
Some bank transfers take minutes, while others can take several business days. Wire transfers are typically faster for large payments, ACH transfers are commonly used for everyday banking, and P2P apps are often used for sending money between friends or family members.
Quick comparison: 6 methods at a glance
| Method | Speed | Typical fees | Common use |
|---|---|---|---|
| ACH transfer | 1–3 business days | Typically no fee | Everyday bank transfers |
| Wire transfer | Same day | Fees vary by financial institution | High value or time-sensitive payments |
| Online bank transfer | Instant to same day | Typically no fee | Transfers between accounts at the same institution |
| Plaid-linked transfer | 1–3 business days | Typically no fee | Linking external accounts to apps |
| P2P payment apps | Seconds to hours | Varies by app | Sending money to another person |
| In-person branch transfer | Same day to several days | Varies by financial institution | In-person assistance or high-value transfers |
ACH transfer
ACH transfers are one of the most common ways to transfer money between banks in the United States. ACH stands for Automated Clearing House, the electronic network financial institutions use to process transfers between accounts. This method is commonly used for paying bills, sending payroll deposits, and moving money between personal accounts.
Wire transfer
Wire transfers are electronic transfers of funds between financial institutions through secure financial networks. They are typically used for larger amounts, urgent payments, real estate transactions, and business payments. Domestic wire transfers generally process the same business day. Fees vary significantly by institution.
Online bank transfer
Many banks allow customers to transfer money between their own accounts instantly or same-day through their app or online portal. This is commonly used for moving money between a checking and savings account at the same institution.
P2P payment apps
Peer-to-peer payment apps like Venmo, Cash App, Zelle, and Común's Pay allow users to send money quickly using just a phone number, email, or QR code. They are ideal for everyday payments between people who know each other.
How long does a bank transfer take?
Times vary: ACH transfers typically take 1 to 3 business days. Domestic wire transfers can complete the same business day. Transfers between accounts at the same institution can be instant. P2P apps can be instant or take up to 1 business day.
How much do banks charge for transfers?
Fees vary widely by institution and method. ACH transfers are generally no fee. Domestic wire transfers can cost $15–$35. International wire transfers can cost $35–$75. P2P apps are generally no fee for standard transfers.
FAQ
Can I transfer money between banks without a fee?
Yes, ACH transfers are generally no fee. Many P2P apps also offer standard transfers without a fee.
How long does an ACH transfer take?
Generally 1 to 3 business days, although same-day ACH is available at some institutions.
What do I need to make a wire transfer?
You generally need the recipient's bank account number and routing number, and for international wires, the SWIFT/IBAN code.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. Peer-to-peer payments services are provided by Cross River Bank.
Instant payments
What is Venmo and how does it work? 2026 Guide
8 min read
July 16, 2026
What is Venmo and how does it work? 2026 guide to understanding how Venmo works in the United States
Venmo is a digital payment app in the United States that allows people to send and receive money quickly from their phones. The platform works as a peer-to-peer (P2P) payment service, meaning users can transfer money to friends, family members, or other contacts using a linked bank account, debit card, or available balance within the app.
Over the last several years, Venmo has become one of the most widely recognized payment apps for splitting bills, paying rent, reimbursing friends, and handling everyday payments in the U.S.
What Is Venmo?
Venmo is a digital payment app for quick transfers between people who know each other. It is commonly used to split a restaurant bill, to pay rent between roommates or even for sharing costs for trips or events. Venmo operates within the United States and requires compatible payment methods such as U.S. bank accounts or debit cards.
Verified users can send up to $60,000 per week. Transfer limits vary based on account verification status and may change over time.
How does Venmo work?
To start using Venmo, users first need to download the mobile app on iPhone or Android and create an account using an email address or U.S. phone number. After setting up the account, users can connect a payment method such as: a U.S. bank account, a debit card, a credit card, or an existing Venmo balance.
Once the account is ready, users can search for another person on Venmo using their name, username, phone number, or QR code. From there, they can either send money or request a payment.
Venmo fees — Cost table
| Service | Possible fee |
|---|---|
| Standard bank transfer | No additional transfer fee |
| Instant transfer | 1.75% of the transfer amount |
| Payment funded by credit card | 3% fee may apply |
| Out-of-network ATM withdrawals | Additional fees may apply |
Venmo fees can change over time. Always review the latest information directly on Venmo's official website.
Is Venmo available in Spanish?
Venmo is not available in Spanish; the app operates entirely in English. However, you can make the app display in Spanish by changing your smartphone's system language. Venmo does not offer customer service in Spanish.
Can I use Venmo as an immigrant?
Venmo requires a U.S. bank account or debit card to work. If you do not have access to traditional banking services, it may be difficult to get started. Also, Venmo does not allow international remittances, so if you need to send money to family in Latin America, you will need a different service.
Venmo vs. Común — Direct comparison
| Feature | Venmo | Común (ComunPay) |
|---|---|---|
| Main function | P2P payments in the U.S. | P2P payments in the US, remittances and deposit accounts |
| Spanish-language support | No (English only) | Yes, fully bilingual app + 24/7 Spanish support |
| Ways to send money | Username, phone, email, or QR code | Phone number, email, @username, QR code |
| QR code payments | Yes | Yes |
| Remittances to Latin America | No | Yes |
| Part of a broader financial app | Yes, debit card and direct deposit | Yes, checking account, Visa debit card and remittance services |
When does it make sense to use Venmo?
Venmo may be useful if: your friends and family already use Venmo, you mainly need fast domestic payments in the U.S., and you have a linked U.S. bank account.
FAQ
Is Venmo available in Spanish?
No. Venmo operates entirely in English without Spanish customer support.
Can I send money to Mexico with Venmo?
No. Venmo only supports domestic transfers within the U.S.
How much does Venmo charge?
Standard bank transfers have no additional fee. Instant transfers carry a 1.75% fee. Credit card payments may have a 3% fee.
Is Venmo safe?
Venmo uses encryption and identity verification. However, like any P2P app, transactions are difficult to reverse once completed.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. Peer-to-peer payments services are provided by Cross River Bank.
Instant payments
What is Cash App and how does it work?
8 min read
July 15, 2026
What is Cash App and how does it work?
Cash App is a peer-to-peer (P2P) payment app that allows users in the United States and the United Kingdom to send and receive money digitally. Over time, Cash App has expanded beyond transfers and now also offers features such as debit cards, direct deposits, savings tools, and investing options.
If you recently moved to the United States or are exploring digital financial tools, you have probably heard of Cash App. The app is widely used for sending money between friends, paying for purchases, and managing certain financial activities directly from a smartphone.
For many immigrants in the United States, understanding how Cash App works is important because it may appear similar to a traditional bank account, but it is not exactly the same thing.
What is Cash App?
Cash App is a mobile financial app that allows users to send, receive, store, and spend money digitally through their phones. The app is commonly used for:
- Sending money to friends or family
- Receiving payments
- Paying for purchases
- Using a debit card linked to your balance
- Receiving direct deposits
- Buying stocks or Bitcoin
Unlike traditional banks, Cash App primarily operates through its mobile app rather than physical branches.
How does Cash App work?
To start using Cash App, you need to download the app, create an account with a U.S. phone number or email, and link a bank account or debit card. Once the account is set up, you can send or request money by searching for another person by their $Cashtag, phone number, email, or QR code.
Standard transfers typically arrive in 1 to 3 business days to a linked bank account. Instant transfers to a debit card usually carry a percentage-based fee.
How much does Cash App charge? — Fee table
| Service | Typical Cost |
|---|---|
| Standard bank transfer (1–3 business days) | No additional fee |
| Instant transfer to debit card | Percentage-based fee |
| Sending money using linked credit card | Additional fee may apply |
| ATM withdrawals | Fee may apply depending on conditions |
| Account opening | No monthly fee |
Fees and terms may change over time. Always review the official Cash App website before using financial services.
Is Cash App safe?
Cash App uses encryption and security features like Face ID and Touch ID. However, like any P2P payment platform, it is important to use it only with people you know. Once sent, money generally cannot be recovered if the transaction went to the wrong person.
Is Cash App available in Spanish?
Spanish-language support availability on Cash App may vary. The app's primary experience is mainly in English, which can be a limitation for users who prefer to operate in Spanish.
Can an immigrant open a Cash App account?
Cash App has its own eligibility requirements for account opening. Requirements may include a U.S. phone number or email address, and additional verification information may be required. It is recommended to review Cash App's current terms directly.
Limitations of Cash App for Latino immigrants
- Does not support international remittances to Latin America
- Spanish-language experience may be limited
- May not accept Latin American IDs for account opening
- No dedicated 24/7 Spanish-language support
Cash App vs. Común — Quick comparison
| Feature | Cash App | Común |
|---|---|---|
| P2P payments in the U.S. | Yes | Yes |
| Debit card | Yes | Yes |
| Stock and Bitcoin investing | Yes | No |
| Remittances to Latin America | No | Yes |
| Spanish-language experience | Spanish-language support availability varies | Yes |
| Payroll direct deposit | Yes | Yes |
| Open account with Latin American IDs | Eligibility requirements apply | Yes |
| Monthly maintenance fee | Varies by service usage | No monthly maintenance commission |
| Minimum balance requirement | Not always required | $0 |
FAQ
Is Cash App available in Spanish?
The app primarily operates in English. Spanish-language support availability may vary.
Can I send money to Mexico with Cash App?
No. Cash App does not support international money transfers to Mexico or other Latin American countries.
How much does Cash App charge for instant transfers?
Cash App charges a percentage-based fee for instant transfers to a debit card. Verify current fees on the official Cash App website.
Is Cash App safe?
Cash App uses encryption and identity verification. However, P2P transfers are difficult to reverse. Use it only with people you know and trust.
What is the difference between Cash App and Común?
Cash App focuses on domestic payments in the U.S. Común also offers domestic payments but additionally includes remittances to Latin America, full Spanish-language support, and the ability to open an account with more than 100 Latin American IDs.
Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. Peer-to-peer payments services are provided by Cross River Bank. No minimums, no monthly maintenance commission.
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.
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.
