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since ‎Mar-15-2011
VintageByChoice
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How does Paypal get away with the conversion rate ...

by VintageByChoice Contributor in My PayPal account
‎May-21-2011 07:00 AM
‎May-21-2011 07:00 AM
The Canadian dollar has been stronger or almost at par with the US dollar for months now.  But when you use Paypal's conversion calculator, you would think it was the other way around.  Today I wanted to find out what my dollar would be worth.  It says: 1 USD = 0.948771  CAD.   Even the most basic of converters give a better deal: 1 USD = 0.973900 CAD.   And this is supposed to be by their advertising: Canada’s most-loved way to pay and get paid. I think not.   I will no longer be using Paypal on any large dollar items.  Since they ding me to send the money to my Canadian bank (even though I have a US Dollar account) and then don't even offer a fair exchange rate.   Paypal rates are obscene. ... View more

Re: Canadian Citizen with a Borderless Bank Accoun...

by VintageByChoice Contributor in My PayPal account
‎Mar-30-2011 03:14 PM
‎Mar-30-2011 03:14 PM
I am the original poster on this topic.  Some one has suggested that I should just open an account at an US bank.    How would I go about doing this, since I am a Canadian citizen and don't have a US address.   I think I will look into opening an RBC access account as someone else has suggested. ... View more

Canadian Citizen with a Borderless Bank Account-wh...

by VintageByChoice Contributor in My PayPal account
‎Mar-15-2011 09:54 AM
2 Kudos
‎Mar-15-2011 09:54 AM
2 Kudos
I live near the US/Cdn border and frequently cross the border to shop.   I opened a Borderless Account with the TD Canada Trust and also obtained a US Visa credit card to use when I travel.   I would like to be able to have any funds that I have with Paypal deposited in my Borderless account (which is in US Funds).   I then use that account to pay the US Visa.   I tried to set this up but Paypal will not allow.   I would like to know the reasoning behind this action ... View more
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