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October 26, 2014 06:14:06 PM
In reply to chasity, Pittsburgh
Hi Chasity, we appreciate your question on TD Helps today! We'd be glad to review funds availability with you.
Usually, when you deposit a check at TD Bank, the first $100 is made available immediately. The rest of the funds are generally credited to your account on the following business day.
Please note that when you are a new account holder and your account has not yet been open for 30 consecutive days, check deposits can be held for up to 7 business days for verification purposes. After these 30 days, you can expect that your account will be provided the standard funds availability mentioned earlier.
As you mentioned that you're depositing a Cashier's Check, you'll be glad to learn that even as a new account holder, funds from the first $5,000 of a day’s total deposits of cashier’s, certified, teller’s, traveler’s, and federal, state, and local government checks will be available on the first Business Day after the day of your deposit.
Please keep in mind, if you make a deposit at TD Bank before 8:00 PM on a business day, it would be considered a deposit on that business day. A business day is every day except Saturdays, Sundays, and federal holidays. For weekend deposits, this usually means that the deposit will be considered Monday's deposit and will post to your account Tuesday.
We invite you to look at our Personal Deposit Account Agreement here: http://bit.ly/1kb17UQ, which can explain our deposit availability policy in full detail for you. Please see pages 40-41, where you can find our Funds Availability Policy specifically the Special Rules for New Accounts along with information about when you'll have access to deposits.
Feel free to contact a Banking Specialist at your convenience 24/7 at 888-751-9000 if you have any further questions. Or, you're more than welcome at any local TD Bank Store; please see http://bit.ly/TDStores to find a location near you.
We hope this clears up your question, Chasity! Take care and enjoy the rest of your weekend.
Cameron P, Mount Laurel
October 26, 2014 06:18:26 PM