Best way to receive payments from a Canadian Customer (and minimize costs)?
In the past I have received wire transfers as well as Canadian checks. Some have the ability to send funds in US dollars while others don't have this capability.
My bank charges extra fees for wire transfer and processing fees when I attempt to deposit a Canadian check. Some customers have suggested using PayPal because it’s easy for the customer to use their credit card for the payment but this also adds extra fees to my net deposit.
What’s the best option to receive Canadian payments that’s reasonable to the customer yet keeping the fees to a minimum?
Thanks in advance for everyone’s excellent advise.