I’d like to share this Information here, hopefuly i twill help.
Opening a US Dollars account with a Canadian based Bank Like RBC is simple, but add it to Paypal and verify it may need some tricks to know as I leaned from my last experience.
I already own 1 Check account and 2 Savings accounts with RBC, last days I opened a Personal US Dollar account inorder to use it with a New PP account. So I went and added the bank account informations as the following :
Country : Canada
Bank Name : Royal Bank of Canada
Account type : Checking
Bank Transit Name : (I put the same transit I have with my other RBC accounts)
Institution Number : ###
Account Number : #######
Then I clicked to confirm and was waiting for PP deposits, but nothing happened, after 5 days, I received an Email from PP saying the Bank account is
INCORRECT.
After a search on the web I knew that the right way to use a US$ RBC (Or other Canadian Bank) account is the following :
1. In the Add a Bank Account page, select “United States” as Country and type in “Royal Bank of Canada” as the Bank Name.
2. Enter the 9-digit routing number exactly as suggested by the graphic. Royal Bank’s routing number is “026004093″.
3.Since the trick is to get the account number correct, ignore the example suggested by the graphic. Instead, enter the five-digit transit number of your account followed by your actual account number. You can also get the exact sequence of numbers (transit number followed by account number) from your monthly statement or online.
4.Re-enter the account number and click Continue. Wait for PayPal to make two small deposits into your bank account and then confirm that you have added the bank account successfully in PayPal by entering how much was deposited.
I followed the steps above, and got the account Verified!! I tried it with a second US$ RBC account, and it worked again.