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HI , the question is why sometimes the check that have to clear next business day clears next business day but after 5 or 6 pm ;) cause usually it will be available from the morning
example: deposit a check 4K Thursday right away $100 then Friday 2.30AM $3,900 available
example #2: deposit a check 10K Thursday right away $100 then Friday $9,900 got available only after 6pm ;( what is the reason? Amount? Day?
September 10, 2016 02:57:18 PM
In reply to Vagif, Brooklyn
We appreciate having you here at TD Helps, Vagif and are happy to answer your question!
If you made a check deposit with a Teller, the first $100 is 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 this grace period, not only will the first $100 be made available at the time of the deposit, the rest of the funds will be credited to your account on the following business day. Cash deposits made with a Teller are made available immediately.
Deposits made at a TD Bank ATM before 8:00 PM on a business day are considered deposits made on that business day. A business day is every day except Saturdays, Sundays, and federal holidays. However, if you make a deposit at an ATM after 8 PM, or on a non-business day, we will consider that the deposit was made on the following business day. For example, if you made an ATM deposit on Saturday, that deposit will be considered Monday's deposit and will post to your account Tuesday. Accounts that are less than 90 days old will generally see availability of funds the next business day. Cash deposits done at the ATM are available right away.
Please keep in mind that deposits made through mobile banking will not have the first $100 available on the same business day. In most cases, the full amount becomes available the following business day.
Because there are exceptions that may cause delays in funds availability, we invite you to look at our Personal Deposit Account Agreement here: http://bit.ly/1kb17UQ. On pages 40-44 you can find our Funds Availability Policy along with information about when you'll have access to deposits.
Let us know if you have any questions and have a great weekend!
Shanika A, Mount Laurel
September 10, 2016 02:58:47 PM