Receive USD and CAD Payments From Amazon, Shopify, and PayPal in Canadain Bank Accounts

Like many Canadian vendors, we run & price our Shopify storefront in USD. Shopify doesn't have a problem debiting fees & crediting sales proceeds directly to our Canadian Based Bank - US Dollar Account (we run a separate Canadian $ .ca - Shopify account & website).

We have just signed us up for Sezzle, and were pleased to see how easy it was to link both CDN$ and US$ Canadian based bank accounts. Transfers will be done to either account, based on currency received, without a Foreign Exchange charge.

It's very frustrating, though, that after all these years, it's still impossible to do the same with US dollar-based Amazon Seller accounts or US dollar-based PayPal transactions. Last time that I tried both of them still required a US-based bank account and would not work with Canadian-based US dollar accounts.

Opening a US-based business bank account requires a legal entity (incorporation) in the US - with tax implications - and while you can open and use a US-based personal account as an individual (at least with TD), that means sales & expenses for the business are going through a consumer / non-business personal account, which I try to avoid.