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.
October 8, 2014 05:48:37 PM
In reply to Celine, Springfield
It's a pleasure to see you on TD Helps today, Celine! We'll be sure to go over some information on deposit availability.
Funds availability depends on how your deposit was made, in what form and also the day and we would be happy to provide more information for you.
When making check deposits with a Teller or at a TD Bank ATM, typically, the first $100 is made available immediately. However, 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. After this grace period, not only will the first $100 be made available at the time of deposit but the rest of the funds will credit to your account the following business day.
For example, if you make a check deposit after 8:00 PM on a Friday, that deposit is considered to be on Monday's banking day and will post to your account on Tuesday. Anytime a holiday falls on a Monday, the deposit will post to your account on Wednesday morning.
Cash deposits made with a Teller or a TD Bank ATM will be available immediately for you.
The same rules apply if you make a Mobile Deposit. If your deposit is made before 8pm on a business day it will be made available the following day. If your deposit is made after 8pm on a business day or on any weekend or holiday, the next business day will be considered the deposit date. For example if you make a mobile 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. For more information, take a look here: http://bit.ly/1ff8byL (the deposit availability details are listed in sections 6 and 7).
Longer delays may occur, we invite you to take a look at our Personal Deposit Account Agreement here: http://bit.ly/1kb17UQ . On pages 35-37 you can find our Funds Availability Policy along with information about when you'll have access to deposits.
We hope this answers your question and feel free to stop by any time that you have a question, Celine.
Katherine G, Mount Laurel
October 8, 2014 05:51:01 PM