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I just wanna know..is check deposit a nightly process??
December 11, 2016 12:18:36 PM
In reply to Olumide, Baltimore
Thanks for submitting your question today, Olumide. We're happy to help!
If you have funds which are directly deposited to your account, the funds will be available to use no later than 6:00 am on the date of your deposit. If you're anticipating a deposit of your payroll and your paydays are Fridays, for example, you can expect to receive the funds by 6:00 am on Friday of your pay week.
Check Deposits work a little differently, when you deposit a check, the first $100 is made available right way. 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 this grace period, 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.
If you make a deposit through the ATM, either cash or check, the first $100 dollars is credited immediately while the remainder of your deposit will be applied to the balance on the following business day. Unlike the ATM, the Mobile Deposit feature does not credit any funds initially. The funds will be credited on the following business day.
To read the Funds Availability Policy and other important details, please visithttp://bit.ly/1kb17UQ (page 35).
For any questions you may have, feel free to give us a call! We're available 24/7 for you and we can be reached at 888-751-9000. Or you can stop in at any of our convenient Store locations found here: https://go.td.com/1f9DSJR. We also recommend getting in touch with your depositor, if your deposit does not arrive on the date you expect.
We hope you have a great day.
Alara B, Mount Laurel
December 11, 2016 12:20:34 PM