Opening an American bank account from Canada

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  • sysk
    Confirmed User
    • Aug 2007
    • 1005
    #1

    Opening an American bank account from Canada

    Do you guys know any banks who let Canadians open a bank account over the phone... If there is no way to do that then, which bank would you recommend for me ? The purpose of this bank account will be to withdraw Paypal USD money without having to convert to CAD...

    Any recommendation will be highly appreciated !
    icq: 612510168 / email: [email protected] / php ninja 4 hire
    Tags: None
    • JasonSmokes
      Confirmed User
      • Aug 2007
      • 364
      #2
      you need a birth certificate where I went. RBC apparently it's US regulation that you provide CND citizenship
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        • Odie
          Confirmed User
          • Apr 2003
          • 7040
          #3
          CIBC has USD accounts but you can't withdraw unless you go IN in person!
          Odie
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            • Shagbunny
              Confirmed User
              • Oct 2007
              • 3028
              #4
              BMO offers USD accounts

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                • Shagbunny
                  Confirmed User
                  • Oct 2007
                  • 3028
                  #5
                  I would assume all major banks do

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                    • directfiesta
                      Too lazy to set a custom title
                      • Oct 2002
                      • 30135
                      #6
                      I think he means an actual account in a bank physically located in the US ... not a US$ account in Canada.

                      Since 9-11 , it is harder to open an account. I have one with the TD Bank North, that was before the TD USA and before the TD Waterhouse ....

                      See with the TD if you can do that. Mine was opened on line, but before Christ, oups .. I mean before 9-11 ....
                      I know that Asspimple is stoopid ... As he says, it is a FACT !

                      But I can't figure out how he can breathe or type , at the same time ....

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                        • Loch
                          Confirmed User
                          • Feb 2002
                          • 7674
                          #7
                          Originally posted by Shagbunny
                          BMO offers USD accounts
                          Going with a bank that cant handle VISA might not be the best of idea
                          I will never ever understand that one

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                            • PGR
                              Confirmed User
                              • Jul 2004
                              • 1753
                              #8
                              I have a USD account at BMO. They wouldn't let me open it over the phone though. Had to go to my local branch and provide some ID, sign some forms etc.. You know what sucks though? I can't deposit US checks via the ATM, which makes no sense to me...
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                                • sysk
                                  Confirmed User
                                  • Aug 2007
                                  • 1005
                                  #9
                                  No. Like directfiesta mentioned, what I meant was not how to open a USD$ account in Canada (which I already have). My question is how to open a bank account IN the United States (preferrably by phone/internet). Apparently, Paypal doesn't allow to withdraw in a USD$ account if it's a Canadian bank. I really need to have an american bank account... Any suggestions ? Will I have to cross the border or is it possible to do it by phone ?
                                  icq: 612510168 / email: [email protected] / php ninja 4 hire

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                                    • L-Pink
                                      working on my tan
                                      • Mar 2005
                                      • 39151
                                      #10
                                      I don't think Americans can open accounts over the phone. If you haven't done business before there is no way around signature cards.

                                        Comment

                                        • amateurcanada
                                          Confirmed User
                                          • Jul 2001
                                          • 3766
                                          #11
                                          Ya man get some Id and apply in person, TD Canada trust will get you going in seconds.

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