Quote:
Originally Posted by pro9
I'm confused (not an unusual occurence)....I'm Canadian also, but I have a US $ bank account and a US$ credit card. The credit card is linked to my PayPal account and that is how I make payments on PayPal and then I pay my credit card bill from my US $ bank account. From time to time I purchase or otherwise obtain US$ and deposit it into my US$ bank account. Do you guys not do the same? or I am missing something?
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You answered the question yourself... You're Canadian with an American bank account.
The majority of Canadians do not have American bank accounts, hence, they have to deposit Canadian funds into their PayPal account, with again, the mentioned conversion fees applying.