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I have a tax refund check in my name for 3600 I want to cash it instead of depositing it. I've been with TD bank for more than a year.
Bre, Ft lauderdale
February 18, 2016 08:19:08 AM
In reply to Bre, Ft lauderdale
Thanks for joining us, Bre. We'd be glad to discuss.
You would be able to visit any TD Store in order to negotiate your federal tax refund. In order to cash the check itself, your account would need to have enough funds in the account to cover the amount of the check.
If this is not the case, you are more than welcome to deposit the check and withdrawal the funds when they clear.
When making check deposits with a Teller, the first $100 is usually made available immediately. If you are a new account holder and your account has not been open for 30 consecutive days, check deposits can be held for 7-10 business days for verification purposes. After your account has been opened for 30 days, not only will the first $100 be made available at the time of deposit but the rest of the funds will credit to your account the following business day.
Deposits made at a TD Bank ATM before 8:00 PM on a business day are considered deposits made on that same business day. A business day is every day except Saturdays, Sundays, and Federal Holidays. If you make a deposit at an ATM before 8:00 PM on a business day that we are open, we will consider that to be the day of your deposit. However, if you make a deposit at an ATM after 8:00 PM, or on a day we are not open, we will consider that the deposit was made on the next business day. Accounts that are 90 days old will have the initial $100 made available and generally see availability of funds the next business day.
You may also take a look at our Personal Deposit Account Agreement here: http://bit.ly/1kb17UQ. On pages 38-41, you can find our Funds Availability Policy along with information about when you'll have access to deposits.
If you have questions or concerns about your check and cashing it, we ask that you contact us directly 24/7 at 888-751-9000 or during lobby hours at a TD Store near you to speak with a Representative. To take a look at TD Stores and their hours please visit http://bit.ly/TDStores.
We hope this helps and have a good day, Bre.
Megan K, Mount Laurel
February 18, 2016 08:19:28 AM