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My company is an international company and has been trying to setup my direct deposit for a month now. 5 times it has been bounced back to my company. I have given my company a void cheque and also a direct deposit form. The issues with the internal system is that they only have a place to put the Employee Bank and Account Number. They are combining the Inst.# and Trans# and putting it in the Employee Bank spot. If they don't have a place in the direct deposit system for inst # is it still needed?
November 4, 2015 10:53:45 AM
1 person recommended this |
In reply to Scott, Ottawa
We appreciate you connecting with us this morning, Scott. We are sorry to hear about your difficulties and would be glad to help.
Typically, when looking to receive a direct deposit, the information you should provide the Sender is your Full Name, Account number, Routing number, and the type of account you have. We apologize for any inconvenience, however, without that information; your direct deposit may not be successfully credited.
Your Employer may want to initiate a wire transfer to your account. If the funds are being sent in foreign currency, please provide the following information to the sending bank:
Correspondent Bank SWIFT Code: TDOMCATTTOR; Correspondent Bank: The Toronto Dominion Bank, Toronto, Ontario, Canada, M5K 1A2; Beneficiary Bank SWIFT Code: NRTHUS33XXX; Beneficiary Bank: TD Bank N.A., 6000 Atrium Way, Mt. Laurel, NJ, USA 08054
In Favor of: TD Customer's Account Number; TD Customer's Full Name; TD Customer's Address: (Please include City, State and Country)
However, if the funds are being sent in U.S. Dollars, please instead provide the following information:
Wire to: TD Bank, N.A. Wilmington, Delaware; ABA: 0311-0126-6; TD Customer's Account Number; TD Customer's Full Name; TD Customer's Address: (Please include City, State and Country)
In some cases, please be aware that the Financial Institution sending the wire to TD Bank may not be able to use an ABA number for a wire transfer. If they are requiring you to provide a BIC/SWIFT code in order to send a transfer (in U.S. currency), then they should use the following information instead:
Wire to (Beneficiary Bank): TD Bank, N.A.; Swift Code: NRTHUS33XXX; the Bank Address you may use can be: TD BANK N.A., 6000 Atrium Way, Mt. Laurel, NJ, USA 08054; TD Customer's Account Number; TD Customer's Full Name; TD Customer's Address: (Please include City, State and Country)
Additionally, we strongly recommend confirming with the Financial Institution sending the wire transfer to determine if they require you to provide an ABA#/Routing#, or a BIC/SWIFT Code to complete the transfer.
Please know that we will post all incoming wires on the banking day they are received. Also, we do not process incoming Pay Upon Proper Identification (PUPID) wires and we return them to the sender. For more info on any fees for receiving a wire transfer at TD Bank, please take a look here: http://bit.ly/1cTejgt.
Noticing your location, if this is in regards to your TD Canada Trust account, we invite you to check out: http://bit.ly/1RvnQNg for more details regarding your inquiry. Should you have any other questions via your TD Canada Trust account, feel free to submit your question via their TD Helps page here: http://bit.ly/1qHQQns.
We hope this helps. Please do not hesitate to let us know if you have any other questions.
Yen D, Mount Laurel
November 4, 2015 10:54:48 AM