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-   -   Canadian Accounts with USA banking? (https://www.aspkin.com/forums/canada-ebay-discussions/123450-canadian-accounts-usa-banking.html)

bclarr 04-27-2020 07:41 AM

Re: Canadian Accounts with USA banking?
 
Quote:

Originally Posted by rsot (Post 1089010)
I have used both checking and savings accounts - both work well for the deposits. Be careful of too many transfers out of savings accounts if you use them because of fees involved.

Your name doesn't show up on withdrawal from pp - it can show if you upload funds to PP however...so don't do that as a precaution

thanks @rsot ….the reason because I ask my RBC USD account in Canada shows stealth name in each bank transfer from paypal ….the bank statement shows DEPOSIT then the stealth name.

rsot 04-27-2020 10:18 PM

Re: Canadian Accounts with USA banking?
 
bank statement will show the stealth name, true - paypal doesn't see your true name since money comes FROM pp - if you were sending money FROM your bank account, pp would see the true name.

The name shown is always FROM source - so pp is sending your money in your stealth name to your bank

bclarr 04-28-2020 06:59 AM

Re: Canadian Accounts with USA banking?
 
@rsot thanks....I mentioned this only because if you go to a bank for some banking and the rep pulls your data they will see this deposits in different names and sometimes ask question as to who this person is and why am i using this account for third party transactions....so far no big issues for me yet but u may never know. not sure what story I am going to come up with next time :)

rsot 04-28-2020 08:33 PM

Re: Canadian Accounts with USA banking?
 
Quote:

Originally Posted by bclarr (Post 1089317)
@rsot thanks....I mentioned this only because if you go to a bank for some banking and the rep pulls your data they will see this deposits in different names and sometimes ask question as to who this person is and why am i using this account for third party transactions....so far no big issues for me yet but u may never know. not sure what story I am going to come up with next time :)

That's correct - if the rep sees weird names, he/she could question wtf is going on.

Spread the risk

dk1 06-10-2020 03:37 AM

Re: Canadian Accounts with USA banking?
 
TD America does work for CAD PP accounts (to wire to TD Canada US account). But as rsot pointed out, it's OK for legit PP accounts -not for stealth. As the name from the PP holder will appear on the statements - where you could get 20 questions from your bank.


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