What will be the conversion fees under managed payments since they will not allow USD bank accounts

[blackcatandco]

Ebay has stated that under Managed Payments Canadians will no longer be allowed to have their funds deposited into a USD bank account.  They are "working on a solution." However, I do not believe this will be a priority since their main priority should be getting back the ability to sell newly restricted items.

There is no reason this should be difficult.  Paypal allows it.  They can just figure out how Paypal does it and do the same.

I would like to know what the conversion costs will be and how they will determine the exchange rate under Managed Payments.  To me this just seems like a way to nickle and dime.  

[blackcatandco]

Hi Tyler,

From eBay's Q&A section:

As a Canadian registered seller, you will be able to actively list on eBay.com and link a Canadian bank account for your sales. We’re actively working on allowing Canadian sellers to link a US bank account to accept US dollar sales.

So I am not signed up and I hope to not have to be a part of Managed Payments until this is resolved.  I was all for Managed Payments until I heard about this.

Right now all of my funds are in USD and go into my USD bank account, which is also used to buy all my groceries, gas, etc. We drive into the US several times a week to ship and shop. I do not want my income transferred into CAD only so I have to transfer it back into USD and lose money on both conversions.