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Getting paid for a US contract? (self.personalfinancecanada)

submitted 2 years ago by SheerDumbLuck to c/personalfinancecanada

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I did a short contract with an entity in the US and am trying to figure out how they can pay me. I have a business and a Canadian business account.

Is there a recommended low risk/effort service I should use? I am in Ontario if that matters.

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[–] SheerDumbLuck 1 points 2 years ago (1 children)

Thanks. It's not a contract with regular payments, just a couple of one time payments, and there's no formal employment agreement (just bulk services agreements), so a PEO doesn't apply here.

Most of my friends living in the US will use Wise or Norbert's Gambit to transfer their funds from the US to Canada because of the better exchange rate.

[–] MapleEngineer 1 points 2 years ago

I used the US funds account because I got the bank's internal exchange rate when moving the funds.