CLABE-backed Virtual Balances Accounts (Cobre Balances)

Receiving Funds via CLABE Accounts

Cobre enables businesses to receive money in Mexico through Virtual Balances Accounts (Cobre Balances) backed by CLABE bank accounts. Each Virtual Balance in MXN is associated with a dedicated CLABE, allowing third parties to send funds through SPEI directly to the business, with credits reflected automatically in the corresponding Virtual Balance.

This model allows companies to receive local bank transfers in Mexico using standard, widely accepted banking infrastructure, while benefiting from Cobre’s unified balance, transaction, and reporting framework.

1. What Cobre Enables for Payins in Mexico

With Virtual Balances and CLABE accounts, Cobre allows businesses to:

Receive local SPEI transfers in Mexico

Use a dedicated CLABE associated with a Virtual Balance

Accept payments from any Mexican bank

Credit funds directly into a MXN Virtual Balance

Track incoming funds through standardized transactions and reports

This turns each Virtual Balance into a local receiving account for Mexico.

2. Virtual Balances Accounts (Cobre Balances) and CLABE Accounts

In Mexico, a Virtual Balance operates with an underlying CLABE bank account.

Conceptually:

The CLABE acts as the public receiving identifier

Funds are sent via SPEI to that CLABE

Incoming transfers are automatically credited to the linked Virtual Balance

The balance reflects available funds in MXN once the transfer settles

The CLABE remains valid until the balance is closed or reconfigured.

3. How Payins Work Conceptually

From a high-level perspective:

The business shares its CLABE with a payer

The payer initiates a SPEI transfer from their bank

The transfer is processed through the Mexican interbank system

Funds are credited to the Virtual Balance

A transaction record is generated for tracking and reconciliation

No pre-authorization or payment request is required for the transfer to be received.

4. No Pre-Created Money Movement Required

Payins via CLABE-backed Virtual Balances do not require a Money Movement to be created in advance.

Key characteristics:

Payments are initiated by the payer

Each incoming transfer is processed independently

The CLABE itself serves as the reference for routing funds

Status and confirmation are derived from the resulting transaction

This simplifies open-ended collections while preserving full traceability.

5. Speed & Settlement

Payins in Mexico through Virtual Balances benefit from the characteristics of SPEI:

Fast settlement, often near real time

High certainty once credited

Immediate availability of funds in the Virtual Balance

This makes CLABE-based payins suitable for both operational and customer-facing use cases.

6. Typical Use Cases

Receiving money in Mexico through Virtual Balances is well suited for:

Customer payments and transfers

Invoice and bill collections

Marketplace inflows

Funding of local operations

Recurring payer-initiated transfers

Any scenario where third parties need to send MXN funds using standard bank transfers can leverage this model.

7. Tracking, Reporting & Reconciliation

Every incoming payin generates a Transaction in Cobre that:

Credits the MXN Virtual Balance

Includes bank-side references and timestamps

Appears in transaction lists and balance statements

Is included in reporting and reconciliation outputs

This ensures finance teams have full visibility into all incoming funds.

8. Governance & Control

Cobre provides controls to manage payins through CLABE-backed balances, including:

Balance-level visibility and permissions

Transaction-level audit trails

The ability to manage or rotate balances as needed

These controls ensure secure and auditable collection operations.

9. Payins in Mexico vs Other Collection Methods

From a capability standpoint:

CLABE-backed Virtual Balances

Payer-initiated bank transfers

No payment request required

Broad bank coverage

Other collection methods

May require explicit payment requests or hosted flows

Cobre allows multiple collection models to coexist, depending on the business need.

10. Summary — What Cobre Delivers for Payins in Mexico

With Virtual Balances and CLABE accounts, Cobre enables:

Local MXN payins via SPEI
Dedicated CLABEs per balance
Broad coverage across Mexican banks
Direct crediting into Virtual Balances
Unified transactions, reporting, and reconciliation

Cobre provides a simple, scalable, and bank-native way to receive money in Mexico, allowing businesses to operate local collections while maintaining centralized financial control.

CLABE-backed Virtual Balances Accounts (Cobre Balances)

Receiving Funds via CLABE Accounts#

1. What Cobre Enables for Payins in Mexico#

2. Virtual Balances Accounts (Cobre Balances) and CLABE Accounts#

3. How Payins Work Conceptually#

4. No Pre-Created Money Movement Required#

5. Speed & Settlement#

6. Typical Use Cases#

7. Tracking, Reporting & Reconciliation#

8. Governance & Control#

9. Payins in Mexico vs Other Collection Methods#

10. Summary — What Cobre Delivers for Payins in Mexico#