I’m pasting here what I wrote in April. It’s pretty detailed. It worked for some people and it didn’t for others. I have a personal PayPal account and not business account. This may play a role if it works or not. Here it is: Jan-17-2024 03:20 PM Hi, This is the solution to your problem: https://www.rbcbank.com/ if you have a regular bank account with RBC in Canada and click on GET A BUNDLE. You can also do it here: https://www.rbcroyalbank.com/usbanking/ I did it in December 2023 and it worked perfectly. All my USD from Paypal got into my USD RBC bank account in canada in USD without any converting or losing money for fees because of the special offer $0 for the first year ( $39.50 USD/year thereafter for the RBC Bank U.S. Direct Checking account with eStatements and U.S. Visa Signature Black credit card.) So, I'll just close the new account within the year. Then, I will wait until my Paypal account gets lots of USD again and I will apply for this type of the account again in about 2-3 years. Here is what I did, step by step: I already have a RBC account in Canada in CAD and in USD, so if you don't, you need to open these accounts with them first. I applied the US bank account in USA through this site https://www.rbcbank.com/ . I got accepted for the account and no annual fee U.S Credit Card (the special offer is for 2 - both are free) , so I got a new USD account in USA and with it, the 9-digit routing number which is the most important thing in order to link your account to pay pal usd account. I linked my USD RBC account in Canada to my new RBC USD account in USA. (here are the instructions from them how to do it: " To get started transferring money from your Canadian to U.S. accounts online, you’ll need to link your U.S. and Canadian RBC online banking profiles. It’s quick and easy: Sign-in to RBC Bank (U.S.) Online Banking (https://www.rbcbank.com/ Go to Profile & Preferences Click Link My U.S. and Canadian Online Banking Accounts and follow the simple on-screen instructions." But, this didn't work for me on the website because I didn't receive my new account number through email, so I had to call them to get it: [Removed. Phone #s not permitted]pan> When they accounts were linked: I signed in to my PayPal USD and clicked on: WALLET - LINK A BANK ACCOUNT- RBC ROYAL BANK - LINK YOUR BANK ANOTHER WAY - go to the bottom of the page ( !!! this is the KEY, so of course, this part is well hidden by Pay Pal at the bottom of the page) - click on LINK A U.S. BANK INSTEAD !!!) - write your 9-digit routing number for your new USD account in USD and your account number - click on AGREE AND LINK. Don't click on the option: Link a Canadian bank !!!! Paypal will make 2 very small deposits to your new USD account that you'll need to confirm. (It takes time! 5 days for me) , Then follow their instructions: Note the exact amounts we deposited. They'll be listed as deposits from PayPal. Log in to your PayPal account and click Confirm Bank Account - Enter the amounts we deposited. When Paypal account is linked to your new USD account, send the USD to it, it will take about 2-3 days (or you can pay some fees for faster transfer) Send the USD from the new USD account in USA to your regular USD account in Canada. No fees, no conversion. USD to USD. VOILÀ! I looked for the solution for a long time and nothing was ever clear enough, so I'm trying to be very precise to help others. Hope it helps! Good luck!
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