05-31-2021 01:49 AM
This topic was beaten up to oblivion here and elsewhere. I understand Canadian sellers with accounts on the US Ebay.COM can now attach the USD account when invited to Managed Payments.
What USD account can I have?
Can it be the bank of Canadian US branch e.g. BMO Harris USD account in US? Or do I have to have say BMO USD account in Canada. Or both types of accounts are fine for MP?
How about Transferwise USD account?
I am looking into BMO Harris and Transferwise and both seem to work for Amazon USD sales and Paypal USD as well.
05-31-2021 01:53 AM - edited 05-31-2021 01:56 AM
Adyen requires a US dollar chequing account from a Canadian bank or credit union.
Wise (formerly Transferwise) is not a bank, be it US, Canadian or otherwise. BMO Harris is not a Canadian financial institution.
(I know you know that. I'm just posting that for the benefit of others who may be reading this.)
05-31-2021 02:02 AM
Oh my goodness.......... That means I got to have two USD accounts, once USD located in Canada and one USD located in US. What a nonsese this whole kerfuffle that's going on..
And the Chinese are laughing at us.
05-31-2021 02:12 AM - edited 05-31-2021 02:18 AM
Well, keep in mind that you have a PayPal account that you couldn't and can't use for your Amazon sales.
06-01-2021 12:41 PM - edited 06-01-2021 12:42 PM
Yes of course. Amazon requires USD checking in US bank so that's why I need BMO Harris or Transferwise USD similar for Amazon USD sales.