Yes, if you incorporate you can get a USD account, you can also get a CAD account. But you cannot sign up customers. The account will be used for transactions happening outside Canada and the USA. You cannot sign up a Canadian or US customer.
As a fresh startup, what is the probability of being sponsored by a bank or an exchange company?
Can we get the US multi-currency accounts without being licensed in the US yet?1 ansHow are US money transmitters surviving “de-risking” (loss of banking relationships), and what workarounds do they use?1 ansWhich provider does Venmo use for ACH payouts, and do they have special banking relationships for faster transfers?1 ansWhy do acquiring banks for card processing avoid serving money-transfer and remittance businesses, and which acquirers do work with companies like Remitly and WorldRemit?1 ans