Quote:
Originally Posted by ravo
Just wondering: Why do you, as a Canadian (and as a Canadian company, I assume) need a US bank account? I'm am Canadian too, and the LAST place in the world I'd want a bank account (either corporate or personal) is in the US.
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I am Canadian and I have a US Dollar Visa Card as well as a USD Bank account, all through TD Canada Trust. having a USD bank account allows you to deposit US cheques and trasnfer over to your Cndn Dollar account at a favourable rate while also allowing you to pay down your USD Visa card with US currency. So, no exchange rates. In this way, you can easily, and conveniently deal with US based hosting, domains, etc.
Quote:
Originally Posted by Socks
lol cool story:
So I called TD Bank in the US, and they want me to fly to their branch to open an account to verify I'm me. I explain that I can walk 3 minutes to my local branch where I've had an account since I was born, and the bank manager there can verify me. No dice. Get on an airplane.
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Interesting. I am in Nova Scotia, with TD Canada Trust. I simply made an appointment to open what is a called a Borderless Account. I use that to deposit all of my US cheques as well as pay my US VISA card. I have everything with TD Canada Trust (and have for 30 years, using both TD and Canada Trust since the 80's).
Quote:
Originally Posted by directfiesta
I have my accounts at TD Bank ... but those were opened BEFORE 9/11 ... it was a different ball game then .
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Hmm, I applied for my US VISA card only 3 years ago without issue. It was just a simple credit card application that I did right in the local branch. And I was approved while I waited. I did it the same time I was getting a new mortgage.