How To Add a Canadian US Dollar Bank Account To PayPal US Dollar

If your a Canadian with a PayPal account with US Dollars in it, you likely will want to transfer it to your Canadian bank and keep the money in USD.  The problem is PayPal defaults all Canadian bank accounts to Canadian Dollars and tells you that this cannot be changed.  That means you have to pay PayPal’s “exchange rate” (which they make money on) + a 2.5% fee, which means you will likely loose 3% or more.  After giving PayPal 3% to 5% of the transaction already, that means you will be losing between 6% and 8% which can be real money.

This is frustrating but there is an easy way around it, simply use the Canadian Banks US “Transit Number”.  What the heck is that you ask?  How can Canadian Banks have US “Transit Numbers”, well nearly all Canadian Banks of scale (certainly the ‘big five’, RBC, CIBC, TD, BMO and Scotia, ) have US operations so they have US transit numbers.


  1. rbc-td-cheques-transit-number-bank-number-account-number-insitution-numberSign into PayPal
  2. Click WALLET (in the top menu)
  3. Click the LINK A BANK (large graphic)
  4. Click the ADD button (at the bottom)
  5. Click the small I HAVE A DIFFERENT BANK link (top left, above the banks logos)
  6. Change the COUNTRY to UNITED STATES (yes, us US even though this is for a Canadian Bank)
  7. Type in the name of the bank
  8. Surf to and enter just the name of your bank, then click SEARCH
  9. usd-canadian-bank-account-on-paypalCopy the ROUTING NUMBER from in the PayPal ROUTING NUMBER field
  10. In the ACCOUNT NUMBER field enter BOTH you Canadian bank’s ‘transit number’+’account number’
  11. Click CONTINUE
  12. Complete the confirmation process
  13. Enjoy!

We created a video to show you the process to add Canadian Banks’ US dollar account to your PayPal account:

This is an excellent workaround that can benefit many use cases such as those online gamblers that want to place bets at online casinos that don’t accept Canadian dollars. Using PayPal at online casinos in other currencies can be great way to deposit.


  1. Avatar
    andy bel February 28, 2019 at 10:13 am

    this doesent work for scotiabank, spent one month going back and forth with them and paypal, paypal saying all info was correct same with scotiabank noone knowing what it was getting reversed. Call #4 someone at scotiabank tells me its not possible scotiabank us bank account will not work with paypal it will keep getting reversed. So this is dead, does RBC still work can anyone confirm?

    • Ian Matthews
      Ian Matthews March 23, 2019 at 8:36 am

      Hi Andrew;

      I just had to set mine up again and found it no longer functioned for RBC Royal Bank either… not happy 🙁

  2. Avatar
    mds July 26, 2018 at 12:32 pm

    this workaround appears to no longer function
    tried on 26 july 2018

    • Ian Matthews
      Ian Matthews July 28, 2018 at 9:52 am

      I see the same thing… this is not good 🙁

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