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Sometimes I'd like to receive money from friends. Is there a way to do that without a check?
Dong, New Hyde Park
October 26, 2014 07:30:04 AM
In reply to Dong, New Hyde Park
Hey Dong, welcome to TD Helps. We would be happy to go over the options available for you to receive funds from your friends.
There are two options available for you to receive money from a friend without the need of a check.
The first option would be receiving a wire transfer. Your friend would have to visit their financial institution to initiate a wire transfer. Information you need to provide your friend depends on how the funds are being sent.
If the funds are being sent in US Dollars you will need to provide your friend the following information: Wire to: TD Bank, N.A. Wilmington, Delaware ABA: 0311-0126-6. Your complete name as it appears on your account along with your account number.
For Foreign Currency transfers being sent to TD Bank you need to include the additional information as follows: 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 08054 (you could also provide your Home Store's address instead).
Another option to request funds if your friend is not a TD Customer, is via your Online Banking by using our Person-to-Person Transfer feature. In order to be eligible for using Person-to-Person payment service, you must have a TD Bank personal Checking account, a unique United States phone number, a United States issued Social Security Number and a valid unique e-mail address and also, you must be enrolled for Online Banking. If you have not enrolled, please click here to start the enrollment process: http://bit.ly/1lU2qfY. This link will take you directly to the “Online Banking Sign Up” page and choose "Personal" from the drop down box. Once you’re at the “Online Banking Sign Up” page, please complete the application. You will need your Social Security number, account number, ATM/Debit card number, and your e-mail address. If you have any trouble with the enrollment, please contact our Digital Banking Specialists 24/7 at 800-493-7562. If you prefer, you may also visit your local TD Bank Store for assistance. To find a TD Store location, please visit, http://bit.ly/TDStores.
Once you've successfully signed up for Online Banking, to enroll for Person-to-Person, please select the Person-to-Person Payments Tab
- You will then be asked to accept a user agreement, review the fee schedule and confirm your email and phone number. A text and email code will be sent to the mobile number and email address we have on file for you.
- Next we will request you to submit both codes for verification to complete the enrollment process. Once the enrollment is complete you’ll be ready to send the payment and in the next three business days the funds will be received.
Once you are enrolled for Person-to-Person payment service, you will then need to follow the steps below to add a contact:
-Get to the Add New Contact screen from the Overview tab. Click [Contacts] in the upper right corner of the screen.
-Click Add a Contact within the To field. A New Contact window will open.
-Enter First Name and Last Name in the fields provided.
-Select to enter an Email, Mobile Phone, or Direct Deposit using the radio buttons. Enter the information in the fields provided. Then click Save.
After you have added your contact, please follow the steps below to Schedule a Payment Request:
-Navigate to the Request Money tab.
-Start typing a contact name to select the contact from the list or add the contact.
-Enter the Amount, either a "Fixed" amount or an Open amount.
-Select the Account to Deposit To.
-Check [Add a due date] to add a due date for the funds.
-Enter email details in the Email Message field.
-Select [Add a note to this transaction] to add a note to this transaction that is not seen by the recipient.
Please note, that there may be fees for the use of this service. We invite you to take a look at our Fee Schedule here: http://bit.ly/1cTejgt. For more information on this feature, please take a look here: http://bit.ly/1cz3aim and also here: http://bit.ly/1pADlWD for information on the Terms and Conditions.
We hope you find the information provided helpful, Dong. Please enjoy your day and let us know if you have any further questions.
Elizabeth D, Mount Laurel
October 26, 2014 08:28:54 AM