Why can't ePass and sponsors send money to candian bank accounts? - GoFuckYourself.com

Tempest · 09-04-2010, 08:20 PM

I got a message from pimproll saying they're looking into adding ACH to US banks. If PayPal can transfer my money into my Canadian bank account, why can't epass and others?

gaffg · 09-04-2010, 08:33 PM

because it's not Candian

Agent 488 · 09-04-2010, 08:39 PM

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States.

http://en.wikipedia.org/wiki/Automated_Clearing_House

the Federal Reserve Banks are collectively the nation's largest automated clearinghouse operator and in 2005 processed 60% of commercial interbank ACH transactions. The Electronic Payments Network (EPN), the only private sector ACH operator in the U.S., processed the remaining 40%.

harvey · 09-04-2010, 08:59 PM

Quote:

Originally Posted by Agent 488

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States.

http://en.wikipedia.org/wiki/Automated_Clearing_House

the Federal Reserve Banks are collectively the nation's largest automated clearinghouse operator and in 2005 processed 60% of commercial interbank ACH transactions. The Electronic Payments Network (EPN), the only private sector ACH operator in the U.S., processed the remaining 40%.

between Jung and Fatfoo your superego might get hurt

Tempest · 09-04-2010, 09:28 PM

Quote:

Originally Posted by Agent 488

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States.

http://en.wikipedia.org/wiki/Automated_Clearing_House

the Federal Reserve Banks are collectively the nation's largest automated clearinghouse operator and in 2005 processed 60% of commercial interbank ACH transactions. The Electronic Payments Network (EPN), the only private sector ACH operator in the U.S., processed the remaining 40%.

Right.. But in no way does that answer my question.

harvey · 09-04-2010, 09:35 PM

Quote:

Originally Posted by Tempest

Right.. But in no way does that answer my question.

baddog · 09-04-2010, 09:35 PM

Because Paypal is a bank [of sorts] and epass isn't?

baddog · 09-04-2010, 09:36 PM

Quote:

Originally Posted by harvey

Kiopa_Matt · 09-04-2010, 10:07 PM

Totally different processes, and totally different banking accounts. I've done this before when I setup a (failed) company. Not sure about the US, but with Canadian banks you need:

- Deposit ACH - Canada
- Withdraw ACH - Canada
- Deposit ACH - USA
- Withdraw ACH - USA

You need all four accounts, and the transaction processing between Canada & US is quite a bit different. That, and I highly doubt US banks are as convieniently setup to handle transactions to Canada, compared to vice versa. Most banks in the US don't give a shit about a Canada, where Canadian banks will go the extra mile to accomodate US transfers.

09-04-2010, 08:20 PM	#1
Tempest Too lazy to set a custom title Industry Role: Join Date: May 2004 Location: West Coast, Canada. Posts: 10,217	Why can't ePass and sponsors send money to candian bank accounts? I got a message from pimproll saying they're looking into adding ACH to US banks. If PayPal can transfer my money into my Canadian bank account, why can't epass and others?

09-04-2010, 08:33 PM	#2
gaffg Confirmed User Industry Role: Join Date: Jan 2010 Location: Online Posts: 717	because it's not Candian __________________ http://gaffg.com/affiliate-programs/ Find all gambling affiliate programs based on categories: casino, poker, sportsbetting, bingo, mobile. Find forex and binary options affiliate programs. Listed by revenue share, CPA and sub affiliate commission.

09-04-2010, 10:07 PM	#9
Kiopa_Matt Confirmed User Industry Role: Join Date: Oct 2007 Posts: 1,448	Totally different processes, and totally different banking accounts. I've done this before when I setup a (failed) company. Not sure about the US, but with Canadian banks you need: - Deposit ACH - Canada - Withdraw ACH - Canada - Deposit ACH - USA - Withdraw ACH - USA You need all four accounts, and the transaction processing between Canada & US is quite a bit different. That, and I highly doubt US banks are as convieniently setup to handle transactions to Canada, compared to vice versa. Most banks in the US don't give a shit about a Canada, where Canadian banks will go the extra mile to accomodate US transfers. __________________ xMarkPro -- Ultimate Blog Network Management Streamline your marketing operations. Centralize management of domains, pages, Wordpress blogs, sponsors, link codes, media items, sales and traffic statistics, plus more!

09-04-2010, 08:39 PM	#3
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. http://en.wikipedia.org/wiki/Automated_Clearing_House the Federal Reserve Banks are collectively the nation's largest automated clearinghouse operator and in 2005 processed 60% of commercial interbank ACH transactions. The Electronic Payments Network (EPN), the only private sector ACH operator in the U.S., processed the remaining 40%.

09-04-2010, 09:35 PM	#7
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	Because Paypal is a bank [of sorts] and epass isn't?