Canadian business Paypal account receiving funds in US$
JayMillman
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Posted on
Jan-12-2019
06:35 PM
I want to use a PayPal business account to receive US$ from clients, and I want the US$ to go to my US$ bank account that I have. The US$ bank account is here in Canada with one of the major banks (very common for Canadian companies to have US$ accounts). Is this a problem for PayPal to do? Is anyone else doing this? Just to be sure - I do not want the money to get converted to CA$ at any time. It will come into PayPal in US$ and it needs to remain in US$ as it is transferred into my US$ bank account.
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Cross-border trade
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