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I am an independent contractor who works for a virtual service corp...I work under a LLC my sister is the primary on they LLC...my payments go directly to the LLC, can i direct deposit the payments from the LLC into my checking account.
November 7, 2014 05:55:04 PM
In reply to winnie, homestead
Thanks for joining us, Winnie and great question. It's our pleasure to provide deposit information for you.
Please note that checks payable to a Corporation, LLC, or any Business Entity including Sole Proprietorships must be deposited into a Business account bearing the same title. If the check is made payable to the business, it must be deposited to that account.
That being said, if the check is made payable to you personally and it's not a business deposit, it may be deposited or direct deposited (if the company provides this) to your personal account.
As an alternate option, if the business account is held at TD Bank, a transfer from the business account to your personal account may be possible if all signers on the business account are also listed as an owner of your personal account.
We encourage you to review this information with one of our Banking Specialists at 888-751-9000, who are available 24/7 for your convenience. If you prefer, you're also welcome to speak with a Representative in our Stores at the time of the deposit, to be sure everything is correct. For a listing of our locations and hours please view: http://bit.ly/TDStores.
Thanks again for visiting, Winnie! It was great having you and stop back again anytime. Have a great weekend.
Kristen P, Mount Laurel
November 7, 2014 05:58:02 PM