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My son is away at school & I want to limit the amount of money he is spending. I would like to be able to do small transfers from my account to his during the week instead of giving him a weekly lump sum. Is there a limit on how many times I can transfer money?
Michele, Yorktown Hgts
October 26, 2014 07:02:09 AM
In reply to Michele, Yorktown Hgts
We appreciate the visit today, Michele. We would be happy to help.
If you are looking to transfer funds between your TD Checking Account, we are happy to inform you that you have unlimited funds transfers. However; if you are looking to transfer funds from a TD Savings Account, because of Regulation D, a Government regulation which places limitations on the number of monthly transactions that can be made from a Money Market and/or Savings Account, you are limited to six total electronic debit transactions per statement cycle. Please note, that customers who make more than six (6) of these transactions during the statement cycle may be charged for the seventh (7) transaction and for each subsequent transaction.
Here is our Personal Deposit Account Agreement http://bit.ly/1kb17UQ for you to view for more information. For more information on our fee schedule, please take a look here: http://bit.ly/1cTejgt.
If you have any further questions, please feel free to connect with us at 1-888-751-9000, our Banking Specialists are available 24/7 and would be happy to help! You may also visit us during lobby hours for further assistance. Please visit: http://bit.ly/TDStores to find a location near you.
We hope the info provided helps and let us know if you have any other questions. Have a great day!
Elizabeth D, Mount Laurel
October 26, 2014 07:56:08 AM