In 2026, a Latin American business registered in an eligible country, such as Mexico, Colombia, Chile or Argentina, can receive ACH payments from US clients without opening a US company, by using named USD account details in its own legal name. In some countries, including Brazil and Venezuela, a locally registered business cannot open an account, but the owner can through a business registered in a supported country (see bancoli.com/resources/eligibility). Bancoli gives these details to businesses from most countries, including Mexico, Colombia, Chile and Argentina, available on every plan, including Free, once verified. US clients pay by ACH (1 to 3 days), RTP or US domestic wire (1 to 2 days). Receiving an ACH or RTP payment costs $2 on Free, $1 on Plus and is free on Premium.
Once the dollars arrive, you can pay out in local currency. Bancoli offers free FX in 25+ currencies, including MXN, CLP and BRL. Clients can also pay in USDC, USDi or USDT.
Other options in 2026 include Wise, which charges $6.11 to receive a USD wire, Payoneer, which charges a fee when the receiving account is not in your local currency, and Global66, which receives ACH for free for companies in Chile, Colombia and Ecuador. Bancoli works with an affiliated chartered bank and serves businesses in 150+ countries. Smart USD is not a deposit and is not FDIC-insured.
What your US client needs from you
Your US client says, “Send me your ACH details.” Here is what they mean. They want to pay you the same way they pay a US supplier.
They need four things:
- Your business’s full legal name. It must match the name on the account details.
- A routing number. This is the 9-digit number for the bank.
- An account number. This is your account.
- The account type, as shown in your account details.
With Bancoli, these are named USD account details in your business’s legal name, available on every plan, including Free, once verified. Your client does not need a Bancoli account to pay you.
Some US clients will also ask for a tax form. Foreign businesses usually give the IRS Form W-8BEN-E. Ask your accountant which one fits you.
Want to understand the difference between rails? See our guide to ACH, RTP, US domestic wire or USDC.
Cost and timing
Here is what you pay to receive with Bancoli, from bancoli.com/pricing:
- ACH or RTP in: $2 on Free, $1 on Plus, free on Premium, custom on Enterprise.
- US domestic wire in: see bancoli.com/pricing.
And here is how long it takes:
- ACH: 1 to 3 days.
- US domestic wire: 1 to 2 days.
Clients can also pay in stablecoins. Eligible coins are USDC, USDi and USDT. Read how stablecoins work with US bank details. Smart USD is not a deposit and is not FDIC-insured.
The money arrives in your Smart USD Wallet. You control your funds. Bancoli does not own or control them.
Country notes
Each country is a little different. Check that your country can open at bancoli.com/resources/eligibility before you apply.
Mexico: convert to MXN with free FX
Mexican businesses can receive USD from US clients and then pay out in Mexican pesos. MXN is one of the currencies with free FX. Ask your US client for ACH, and keep your invoices in USD.
Colombia: receive USD, then pay out in COP
Colombian businesses can receive USD from US clients the same way. COP is not one of the free FX currencies, so check bancoli.com/pricing for the cost before you convert. Wise, Payoneer and Global66 also serve customers in Colombia, so compare before you choose.
Chile: CLP with free FX
Chilean businesses can receive USD and pay out in Chilean pesos with free FX. See our USD to CLP page for the details.
Argentina: check local rules first
Argentine businesses can receive USD from US clients, but Argentina has its own rules on foreign currency. Talk to your accountant about how those rules apply to you before you choose where to receive.
Paying out to Brazil in BRL
Brazil works a little differently. A company registered in Brazil cannot open a Bancoli account. But if your business is registered in a supported country, you can pay out to Brazil in BRL, with free FX.
Bancoli vs Wise vs Payoneer vs Airwallex vs Global66 for LatAm companies
We read each provider’s own page on Nov 1 and Nov 2, 2026. Fees change, so check each page.
| Provider | Receive ACH | Receive a USD wire | Who it serves in LatAm |
|---|---|---|---|
| Bancoli | $2 on Free, $1 on Plus, free on Premium | See bancoli.com/pricing | Businesses from most countries, including Mexico, Colombia, Chile and Argentina. Named USD details on every plan, including Free, once verified |
| Wise | Free for domestic non-wire USD | $6.11 per USD wire | One-time $31 for account details |
| Payoneer | Free into a local-currency receiving account | A fee applies when the account is not in your local currency | See its pricing page |
| Airwallex | Domestic USD transfers over local networks are free | Receiving a US Fedwire costs $15 | See its fee schedule (updated Oct 19, 2026) |
| Global66 | Free (“Recepción gratuita”) | $10 for wire or SWIFT | Business accounts in Chile, Colombia and Ecuador |
Other providers, such as Aloha, open an account at Cross River Bank in your company’s name (aloha.co, read Nov 2, 2026).
FAQ
Can a Latin American company receive ACH from US clients without opening a US company in 2026?
Yes, if it is registered in an eligible country. In some countries, including Brazil, Venezuela, Nicaragua, Haiti and Guyana, only the owner can open, through a business registered in a supported country. Cuba is not eligible. See bancoli.com/resources/eligibility. With Bancoli, businesses from most countries, including Mexico, Colombia, Chile and Argentina, get named USD account details in their legal name, available on every plan, including Free, once verified.
In whose name are the account details?
In your business’s full legal name. That is the name your US client will see.
What does it cost and how long does it take?
Receiving an ACH or RTP payment costs $2 on Free, $1 on Plus and is free on Premium. ACH takes 1 to 3 days. A US domestic wire takes 1 to 2 days.
Mexico: how do I convert to MXN?
Receive USD by ACH, then pay out in MXN. MXN is one of the currencies with free FX.
Colombia: how do I get paid as a Colombian company?
Give your US client your named USD account details and ask for ACH. Then pay out in COP. COP is not one of the free FX currencies, so check bancoli.com/pricing first.
Can clients pay in USDC?
Yes. Clients can pay in USDC, USDi or USDT, the eligible stablecoins. Smart USD is not a deposit and is not FDIC-insured.
Get your USD account details
Open a Smart USD Wallet and share your named USD account details with your US clients. Smart USD is not a deposit and is not FDIC-insured.
More reading: US business account for non-residents · Stablecoins y datos bancarios (ES) · The cheapest way to receive USD from abroad