Which bank do you use?

[magicgsm]

I got my BizSmart before they got locked, no interest rates, no transaction fees, 4% line of credit and US account of corse. Now they belong to CIBC, but old customers will stay with old privileges. Contact CIBC for details

[Derek]

I've used TD and CIBC for business banking. I prefer CIBC personally as a lot of their bank machines allow you to deposit US dollars and have it immediately converted to Canadian funds. I think a few of those types of machines exist for TD, but it's quite rare.

[champtechdev]

And for the record (correct me if I'm wrong), none of these banks will open up a US based account as opposed to a USD denomination account?

Matt

[ebizimage]

And for the record (correct me if I'm wrong), none of these banks will open up a US based account as opposed to a USD denomination account?

Matt

BMO can do that. I have BMO USD denomination account and a US based account (BMO's Harris bank). I don't use the Canadian USD banking system that much because the US based one is faster with more features.

[champtechdev]

In order to have this US based account, you need a physical address in the USA to register for it though right? Can you use PayPal to withdraw funds to it from your PayPal account?


Matt