Small Business Banking
Private Client Group
Personal Financial Services
For the quickest answer, search previously asked questions below. Chances are, others have asked a similar question and there's already an answer waiting for you. If you can't find a match, ask a new question and our team members will answer.
I am receiving payment from someone with a checking account at a Colorado bank. How long will it take for TD to clear this check?
W, Bedford, NH
November 10, 2015 10:13:47 PM
In reply to W, Bedford, NH
We understand your concern and we are glad you came to us for assistance.
Typically, when making check deposits in US Dollars, the first $100 is made available immediately and the remaining funds will credit to your account the following business day. Please note, 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.
We'd also like to add, if your check deposit is made before 8pm it will be made available the following business day. If your deposit is made after 8pm on a business day, on any weekend or holiday, the next business day will be considered the deposit date. For example, if you make a deposit on a Saturday, the deposit date will be Monday, since that is typically the next business day; your funds would then generally be available on Tuesday. Since Friday is also a business day, and the deposit was made before 8pm, the funds would be available on Saturday.
Please note, although the funds may be available the next business day, it could take up to 7 business days for your check deposit to be verified by the Financial Institution the check is drawn of from.
If the check you are looking to deposit is in Foreign Currency, we invite you to check out: http://bit.ly/1kb17UQ for more details on our Personal Deposit Account Agreement. . On pages 38-41 you can find our Funds Availability Policy along with information about when you'll have access to deposits. On page 41, you will find more details on foreign Financial Institution check deposits.
If you have any further questions, you are more than welcome to contact our Banking Specialists at 1-888-751-9000, available 24/7, or feel free to visit us at any TD Store: http://bit.ly/TDStores.
We hope this helps and please have a great night.
Justin B, Mount Laurel
November 10, 2015 10:14:51 PM