Whether you are bringing your car into Canada by yourself or with the help of an auto transport company, you must have wondered at some point if you can just use your Canadian dollars to pay for the fees and taxes at the U.S border.
If so, then this guide is going to help you find the right answer. In fact, we will help you find a much better way to pay even if you’ve got CAD in your bank account, so feel free to read till the end.
Paying the Taxes & Fees At The Border:
Before going to the border, you will have to get the Internal Transit Number (ITN) which can cost you anywhere from $150 to $200. You can actually use service providers like AutoImportUSA to get your ITN sorted. After this, you can cross the U.S border and export your car without a problem. Read this guide to know the complete export process from the U.S to Canada.
Furthermore, when you arrive at the Canadian border, you will have to pay a few taxes that can be a couple of hundred dollars depending on whether your car is 15 years old and if it has an air conditioner.
Now during all of this process, the only time you may have to pay in Canadian Dollars to someone who typically accepts U.S dollars is when you’re getting ITN. But the good thing is that you pay for ITN 72 hours before arriving at the U.S border, so you can easily get the money exchanged to USD currency and make the payment.
Paying to The Car Transport Company:
Do you want to avoid all the hassle of getting the documents ready, getting your car cleared through customs and driving it all the way from the U.S to Canada? If so, then getting a car transport service is the best way to go.
You also won’t have to worry about exchanging your Canadian Dollars into USD as the Car transport company will get the ITN, take care of taxes and charge you a single, all-inclusive payment. However, the question is, if you have CAD, how will you pay a U.S based company for an auto shipping?
This is where Canadian Car Shipping can help. Our carriers go in and out of the U.S every single day, so if you hire us to move your car from the U.S to Canada, then you can pay us in CAD as well.
Easiest Method of Making Payments in Local Currency:
If you are determined to move the car on your own, then you will have to get a couple of hundred U.S Dollars. This is because paying the toll taxes, getting ITN, and some miscellaneous taxes will have to be done in the USD when you’re in the U.S.
For this, we suggest joining Wise. You can transfer Canadian Dollars to your Wise account using your Credit Card, Debit Card, Direct Bank Transfer or even as a Bill Payment and get money in your Wise account in USD. You can then use those U.S Dollars to make payments or use the WISE card to withdraw USDs from any ATM.
We know this is a little bit longer process, but you only need to go through the account creation and verification process just one time. After that, you will never have to worry about going to a currency exchange of a particular country to get the local currency. You can exchange your CADs into any currency in the world right from your mobile phone and use the Wise card to withdraw through ATM.