Withdraw USD from Paxum card in Toronto
 

Hi, folks

I am trying to withdraw my earns in USD from paxum card in Toronto. I tried three places. Tried to withdraw funds in USD NOT in CAD (I won't to pay conversion fee USD->CAD and I just need to get fund in USD).

1) CIBC bank, it denied my transaction (tried several times in different places, CICB ATMs offer such transactions only who has CIBC cards).
2) TD bank at King st., I could get funds in USD but it would be double conversion such fucking schema: I am requesting 100 USD, they recalculate it in CAD ~ 104CAD, and will charge me in CAD as well. If they charged me in CAD there would be another conversion from CAD to USD as paxum card in USD). So as you can see there is double conversion. It sucks.
3) Same story with Royal bank.

What you could suggest me?

I always used the td atm as I could get $1000 at a time but I got 1000 cad
For the hassles just pay the paxum convert rate cause your going to get screwed spending that usd on Canadian soil anyways

Thanks buddy.

I am able to convert USD to CAD with a pretty good rate :-)

May be someone else tried to get USD from paxum?

Hey, guys!
You use paxum and even one man helped me.

So I am thinking about this schema.
I am ordering a cheque in USD and can I deposit it on my US account in Canada's bank and do not pay taxes?

Or I will be obligated to pay taxes if I do so?

Thank you gus, pls help me.

you have to declare your income. Even if it was in Rwandan Francs, it's in a bank account, not in bills under your mattress. Income earned online is traceable so avail yourself of as many legit write-offs as possible and don't fuck around with anything that will cause you trouble down the road

US accounts are great for holding $$$$ when the exchange rate sucks but yeah, the gov can see it.