Quote:
Originally Posted by robwod
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.
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).
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.
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All this is US$ cards/accounts but with a Canadian Bank in Canada . Most anybody can get that .
The OP issue is opening a business account with a US bank in the US ....
When I say I have an account in the US with TD Bank, it is not ythe same as Canada Trust TD ,,, even tough they are '' cousins '' ... TD Bank is an american bank.