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I work as a consultant - my clients typically contract my services for 3-5 years. Each month, clients directly deposit my fees and expense reimbursements to my business checking account. I have been charged $15 per transaction by my bank. These deposits vary between $8K to $15K each in any given month. Is my new bank TD Bank?
February 19, 2015 07:47:36 PM
In reply to Robert, Sarasota
Thanks for getting in touch with us, Robert. We'd love to welcome you to the TD Family and appreciate your interest in banking with us!
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, however, that at this time a fee of $10 may apply 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: http://bit.ly/1cTejgt for additional information.
We'd like to take a moment to let you know more about the business account options that we have available. Once you have found an account you like, you can click on the "View Account Guide" link which is listed below each account title. When this page opens, it will review in detail any applicable fees for the account.
To review the Business Checking options we offer, please visit http://bit.ly/1uCacgJ, or feel free to use our Business Checking Selector tool: http://bit.ly/1lGeYmw to make sure you have the best product for your needs. If you need assistance while reviewing these options, a Business Banking Specialist would be a happy to help via telephone at 855-278-8988. You may also request a call from one of our Small Business Banking Specialists; please click here: http://bit.ly/1z4dclm to fill in our form and we'll call you within 24 business hours, and also help you schedule an appointment at a Store if you prefer.
If you found an account you like, you may open your business account at any TD Bank location. For information on our Store hours and locations please visit http://bit.ly/TDStores.
When visiting a Store, you'll need the following documents to open the account: a valid photo ID (Driver's License, Passport, Military ID, etc.) and your Social Security number. if your business account is going to have multiple signers, be sure to bring them with you for the account opening process with the same forms of ID. If any of the signers are non-residents of the U.S., they would need two valid forms of ID and a W-8BEN form. You will also need to bring the Tax Identification number for the business, legal name, and physical address.
Also, please note that depending on the type of business you have, there may be additional documents you will need to bring with you. We'd recommend that you discuss this prior to stopping in at a Store, either by speaking with one of our Business Specialists as mentioned above or by contacting your preferred location. The telephone numbers for our Stores are listed at our Location Finder as posted above.
Hope this helps, Robert. We look forward to our chat and we hope we'll be working together soon!
Kristen P, Mount Laurel
February 19, 2015 07:51:15 PM
1 person recommended this