Makes no difference.
RBC offers US based bank accounts which are quite easy to obtain and are linked via online banking between the US and the CAD parts which makes it quite simple to control transfer of your funds from South to North.
Also, crossing the border to open accounts is quite simple. Contact me for more details if youre interested in this option.
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Not necessarily true. The Esavings USD account is an option but by no means is it the only option or the simplest option.
RBC has a US branch of their operations based directly in the US (called centura if Im not mistaken) and it is a simple matter to open an actual US bank account (9 digit routing number) with them through RBC canada. I myself have one checking and 4 savings opened this way within Canada and the whole thing took very little effort. Just go into your branch and talk to a banker about your options to open such an account.
Quote:
Originally Posted by BiN4RY
You need the RBC USD eSavings account.
This is the only account that can be added onto US paypals using an alternative bank account number formatting.
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Hey everyone how about TANGERINE ? I just opened a savings and saw an option for a USD BANK ACCOUNT?
Tangerine US Dollar Savings Account
Do you keep US cash or are you a frequent traveler to the US? Your US dollars shouldn't have to sit around collecting dust just because your trip down south has ended.
Save your US dollars with one of the most favourable exchange rates in the business, and of course pay no fees or service charges.
Features at a glance:
Great rate and exchange rates
No fees or service charges
No minimum balance required
Automatic Savings Program
It is most likely the same product offered by most other banks - a Canadian bank account denominated in US dollars and as such of little use. Call them to verify the details before you get excited about it.
What you need is an actual US based bank account with the 9 digit routing number.
A lot of banks and credit unions offer USD accounts, but you can't have a US based direct deposit with a lot of them. Tangerine is one I'd avoid. Like rsot said, lots of problems with their predecessor.
Quote:
Originally Posted by slokor
RBC has a US branch of their operations based directly in the US (called centura if Im not mistaken) and it is a simple matter to open an actual US bank account (9 digit routing number) with them through RBC canada. I myself have one checking and 4 savings opened this way within Canada and the whole thing took very little effort. Just go into your branch and talk to a banker about your options to open such an account.
A lot of banks and credit unions offer USD accounts, but you can't have a US based direct deposit with a lot of them. Tangerine is one I'd avoid. Like rsot said, lots of problems with their predecessor.
I will look into this, thanks for the info
And they were a PAIN in the ARSE - so for this I am OUT!!! (dragons quote)
Will try RBC - in branch - I hope I dont have to open a reg account with them
And they were a PAIN in the ARSE - so for this I am OUT!!! (dragons quote)
Will try RBC - in branch - I hope I dont have to open a reg account with them
you can also use td bank in US
takes 30minutes on the phone .they just need standard id and all like bmo harris and theyll mail everything to you in canada.also its a dollar or less to transfer funds between the us baed td and your td canada trust account in canada
US-CAD BANK account for NEw Stealth Account 
