I set up the account in my paypal wallet and the two small deposits went through and I was able to confirm them today in paypal.You will ask the branch officer to open a RBC US Dollar account.Get live exchange rates for Canada Dollar to United States Dollar.Does anyone know if this approah using RBC will work for Euros to CAD.I thought I had tested this before but the numbers always favoured the credit card.So it seems like RBC until someone discovers another alternative.Apparently, you can open the RBC Bank USA from the RBC Royal bank Canada branches or you can do it online.As soon as he did that, it let me submit the account, and I am now waiting for the test transaction to verify the account.
All my regular banking is done through TD but I have an ING now Tangerine bank account and thought I would do the transfer through them.Currency converter to convert from United States Dollar (USD) to Canadian Dollar (CAD) including the latest exchange rates, a chart showing the exchange rate history.And then withdraw from my USD Paypal account to my USD RBC savings account.I am reaching 60 so the Canadian account is free but the US account has a fee.I have always done US wire transfer with e-trade US for the company stock.
Plus my Paypal Business name and my RBC bank account names are different and it went through fine.I had made a few attempts link this account to Paypal but the test payments Paypal sends to confirm an account exists.Also, if you are indicating that the bank is in the US, does this mean the PayPal info will be sent to the IRS and what kind of tax implications will this have.So, I fixed that and decided to try to withdraw to my RBC Royal Bank high interest esavings account again to see if that was the original problem, and lo and behold it was.The wire transfers are manually processed out of New York for Scotia Bank.
At tax time you can still have incurred a business expense either way.I am calling Paypal now to ask that they RElaunch the confirmation deposits but specifying Savings instead of Chequing.Reason I ask is when I tried to withdraw today and used the currency converter (on the page where you enter the withdrawal amount) it was almost exactly 2.5% less than reported on business sites.View up-to-the-minute currency rates to convert from US Dollars (USD) to Canadian Dollars (CAD).I recently realized that PayPal does not transfer at the exchange rate that is supposed to be.To have to pay an addition fee to transfer or convert each time would really suck.
And that was even with a close to pay, but not quite there, exchange rate.Because I was always having to switch during paypal checkouts, I switched my default address to the other one a while ago.
Those are all the numbers you need. 8. You should be all set.How easy is it to transfer money from the Royal Bank account to my account at another bank.
Just wondering though, is your name on paypal totally different or just slightly different from RBC.It was a seamless process from start to finish it took me 35 minutes and that included walking to the branch to open the account.
XE: Convert USD/CAD. United States Dollar to Canada DollarI opened a USD account with RBC today, however when I entered the information on paypal as you so kindly instructed, I did not get a confirmation from paypal that they sent the deposits.I had a USD account set up at CIBC from when we did our new car import of our 2011 Subaru Outback from the USA last year.Now all of my transfers to my account are being rejected by RBC.All of these posts could have been avoided if the first Paypal rep I talked to would have just dug into it more and told me what the second one told me about the address.I did not even have to wait till I had money is paypal, just added the account selecting us bank, writing in Royal Bank of Canada (choose option to enter bank name manually) entering the routing code.
This time around customer service suggested that i change my preferences.
50 CAD to USD - 50 Canadian Dollar to US Dollar ConverterI would eventually need this money in a scotiabank USD account so it would be a pain to have to transfer paypal to RBC to Scotiabank.How long did it take before you saw the money in your US account.
Canadian Dollar to US Dollar Exchange Rate | Today's CAD
USD CAD - Currency Exchange From US Dollar To Canadian Dollar With USD CAD Rate, USD CAD Converter, USD CAD Chart And USD CAD History along with converting USD.I then transferred them, as USD, to my US account at Banner Bank (WA state).