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Are there fees associated with incoming ACH deposits? And/Or, is this the same as an incoming wire transfer? Our TD small business account would like to accept ACH deposits to lesson the amount of work, which accompanies paper checks.
August 19, 2016 03:10:12 PM
In reply to Jody, Claremont
We appreciate having you join us at TD Helps, Jody! We'd be happy to help!
First, we'd like to let you know that if you will be receiving an ACH transfers sent via your routing and account numbers (also known as a direct deposit), TD Bank will not assess any fees for this type of deposit. Please keep in mind, that at this time a fee per batch if you choose to send these types of transactions from a TD Bank Business account.
If you expect to receive a wire transfer rather than an ACH transfer, kindly note that fees would apply for incoming wires, and you may take a look at our general Fee Schedule: https://go.td.com/1cTejgt for additional information.
Jody we hope all of this information was helpful. Feel free to contact us again with any other questions.
Shanika A, Mount Laurel
August 19, 2016 03:10:43 PM