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We make deposits on a daily basis. However according to my company they are not seeing that. If made after 3 or 4pm is this being posted the next day?
January 13, 2015 11:08:32 AM
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In reply to Mike, Mastic
Hey Mike, we understand your concern and would be glad to help.
The type of deposit you make determines when the funds will be available. Direct Deposits are available on the same business day that they are credited to your account, even while they are in a pending status. Similarly, cash deposits made with a Teller are also made available the same business day for your use.
Usually, when you deposit a check with a Teller, the first $100 is made available immediately. The rest of the funds are usually credited to your account on the following business day.
If your deposit was made at TD Bank before 8:00 PM on a business day, it would be considered a deposit on that business day. A business day is every day except Saturdays, Sundays, and federal holidays. As you've mentioned that you made a deposit on Saturday, we will consider that the deposit was made on the following business day. For weekend deposits, this usually means that the deposit will be considered Monday's deposit and will post to your account Tuesday. Please keep in mind that if Monday of that week is a federal holiday, the deposit is considered for Tuesday and will post to your account on Wednesday.
Exceptions can also occur which can cause delays in funds availability. For example, if you are a new account holder and your account has not been open for 30 consecutive days, check deposits can be held for up to 7 business days for verification purposes. We invite you to look at our Personal Deposit Account Agreement here: http://bit.ly/1kb17UQ. On pages 38-41 you can find our Funds Availability Policy along with information about when you'll have access to deposits.
If you have any further questions regarding funds availability, please feel free to contact us at 888-751-9000, available 24/7, or visit us during lobby hours here: http://bit.ly/TDStores.
We hope this helps. Have a great day and please do not hesitate to let us know if you have any other questions.
Yen D, Mount Laurel
January 13, 2015 11:19:43 AM