Is it possible to transfer USD funds from paypal to a USD account?

by Hanz
4 replies
The title of the thread might sound a bit vague so I'll elaborate. I'm in Canada. I have a Canadian bank account. My paypal funds are in U.S dollars. When I transfer my paypal funds to my Canadian bank account, they will be automatically converted from U.S dollars into Canadian dollars.
I was considering opening a U.S dollar account with my canadian bank.
Is it possible for my Paypal funds (in U.S dollars) to be transferred into my U.S dollars savings account in my Canadian bank?
Or is this not at all feasible with Paypal? Thanks!
#account #funds #paypal #transfer #usd
  • Profile picture of the author Mukul Verma
    Yes it is, I did a video on this since it took me 4 years and many hours to figure this out. You can do it with Royal Bank in Canada. Not sure of other banks.

    There is a video walking you through it on a blog of mine - http://wonderfulsuccess.com/setting-...a-usd-account/

    Here is exactly how to set it up

    Assumptions you have the following

    - Paypal account (Log into it to use in step 1)

    - USD Bank account with The Royal Bank of Canada

    Your Transit #

    Your Bank Account #

    Router # for RBC is : 026004093

    Step by Step How To Set up Paypal with Royal Bank USD Account

    Gather all the information above and then goto www.paypal.com

    Log into your paypal account

    Click on withdraw

    Click on Transfer to Bank account

    Click on Add Bank Account (You will see it under the TO

    On ‘Add a Bank Account’ page change country to United States (I know bank accounts Canadian)

    On ‘Add a Bank Account’ page enter Bank Name to ‘Royal Bank of Canada

    On ‘Add a Bank Account’ page enter routing #026004093 to (Routing # same for everyone)

    HERE IS THE TRICKY PART – Take your transit # and your bank account # and put them together as one number. Example – Transit 06662 and Account # – 1234567, now put them as 066621234567, you will notice that this is only both #s put together.

    On ‘Add a Bank Account’ page, enter the # from step 9 into account #

    On ‘Add a Bank Account’ page you will verify that again

    On ‘Add a Bank Account’ page, click on continue

    You will not get a message that you have added an account for the United States.

    Next, two amounts will be added in your bank account.

    To Verify Account

    You will get 2 small amounts in your bank account

    Once you open up paypal, on the main screen you will see ‘confirm bank account’

    Choose your bank account and enter the two small amounts that were deposited into your account

    You can now transfer money from USD Paypal to your Royal Bank of Canada account


    The link above will take you through a video version of this and this write up right from my blog.

    Cheers,
    Mukul
    {{ DiscussionBoard.errors[2384269].message }}
    • Profile picture of the author Hanz
      Thanks a billion Mukul. Glad to see another Toronto fellow on here too! Thanks!
      Signature
      All The Hottest eBooks, Graphics, Software, Videos, Audios, SEO Reports & Articles You Want with PLR ~ New Products Added Daily in Super Hot Niches! ~ Sign Up to PLR Assassin Today
      {{ DiscussionBoard.errors[2384293].message }}
  • Profile picture of the author Mukul Verma
    Glad to help, I did the post since it took me a long time to get it.

    Toronto, we got a monthly group of Warriors and IMers that meet. You should join us...there is a email list in the local event section to be informed.

    Cheers,
    Mukul
    {{ DiscussionBoard.errors[2384301].message }}
    • Profile picture of the author Hanz
      Originally Posted by Mukul Verma View Post

      Glad to help, I did the post since it took me a long time to get it.

      Toronto, we got a monthly group of Warriors and IMers that meet. You should join us...there is a email list in the local event section to be informed.

      Cheers,
      Mukul
      Ah, a meeting of great minds! Sounds great. Will take note. Thanks Mukul!
      Signature
      All The Hottest eBooks, Graphics, Software, Videos, Audios, SEO Reports & Articles You Want with PLR ~ New Products Added Daily in Super Hot Niches! ~ Sign Up to PLR Assassin Today
      {{ DiscussionBoard.errors[2384303].message }}

Trending Topics