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Posted by: Playtherush at January 28, 2002, 1:09 am

Topic: a canadian that looses on the conversion rate.. Forum: Winner Online

Jerry, Canadians can indeed get US$ bank accounts and CCs just as Scarce suggested. The problem with Paypal is that they will not allow Canadians to link US$ accounts from Can banks. Therefore, deposits can only be made by CCs(no EFT) and when withdrawing from Paypal, they convert your funds to loonies before depositing them in your linked Cdn$ account.

So how do I open an account with a US bank and how will I get the money in/out of it? All suggestions are welcome.

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