We maintain both CAD and USD accounts at the same bank in Canada as we conduct business in both currencies.
With the postal service disruption, it would be great if we were able to pay our US vendors via EFT / ACH / Direct Deposit from our USD account in Canada to their USD Account in the US using the same process we pay our Canadian vendors from our CAD account.
However, it's my understanding that the only way this can occur, from ticket 8010283481, is that EFTs can only work with a CAD originator account, which means that although we can do technically pay US vendors this way, it requires a spot currency conversion which is precisely what we intend to avoid by maintaining separate CAD and USD accounts.
Jordan Harris
