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I received a check from a friend, Wanted to know if I could cash it the same day or how long does it take to go through
June 24, 2017 01:01:46 PM
In reply to Caio, Methuen
Good afternoon, Caio! We'll be happy to help answer your questions.
If you have a TD Bank deposit account (such as Checking, Savings, Money Market account) and your check is drawn on TD Bank, it can be cashed at any TD Bank location with your valid photo ID. To find your nearest TD Store location, please check out the link here: http://go.td.com/1f9DSJR. Please note, if the check is not drawn on TD Bank, it can still be cashed at any TD Bank location with your valid photo ID as long as you have sufficient funds in your account to cover the amount of the check. If not, you will need to deposit this check instead.
Generally speaking, when making check deposits with a Teller, the first $100.00 is made available immediately. If you are a new account holder, and your account has not been open for 30 consecutive days, Check Deposits may be held up to 7 business days for verification purposes. After this grace period, not only will the first $100.00 be made available at the time of deposit, but the rest of the funds will credit to your account the following business day.
Check deposits made at a TD Bank ATM before 8:00 PM on a business day are considered deposits made on that business day. A business day is every day except Saturdays, Sundays, and Federal holidays. If you make a deposit at an ATM before 8:00 PM on a business day, we will consider that to be the day of your deposit. However, if you make a deposit at an ATM after 8:00 PM, we will consider that the deposit was made on the next business day.
If you make a deposit using our Mobile Deposit feature, and you submit the deposit before 8:00 PM EST on a business day, that is considered the date of your deposit; otherwise, the next business day is considered the date of your deposit. Your funds are generally available on the business day following the date of your deposit. Please keep in mind that deposits made through Mobile Banking will not have the first $100 available on the same business day. In most cases, the full amount becomes available the following business day.
Please note that there are exceptions that may cause delays in funds availability. We invite you to look at our Personal Deposit Account Agreement here: https://go.td.com/1kb17UQ. On pages 40-44, you can find our Funds Availability Policy along with information about when you'll have access to deposits.
If you have any additional questions or concerns, please feel free to contact us, 24/7, at 888-751-9000, or stop by any of the TD Store locations in your area.
Have a great weekend, Caio!
Customer Service Team, Mount Laurel
June 24, 2017 01:02:13 PM