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Would this account come with checks and a US debit card and/or US TD credit card? Could each of us have our own debit card? I would like to be able to make any purchases from companies based in the US online so that the purchase could come directly out of my US account. What about transferring money? What are the fees involved for transferring money from my US TD account to my Canadian TD account?
One last question: Can a Canadian company open a TD US business account? What is involved? We are on the West Coast of Canada and I see that the closest branch of your bank is in Pennsylvania.
Thank you very much for your help with these questions,
Heath, Sidney, BC, Canada
February 6, 2015 08:28:25 PM
1 person recommended this |
In reply to Heath, Sidney, BC, Canada
Thanks for joining us here at TD Helps, Heath. We are glad to hear about your interest in opening an account with us and would be happy to help!
We are glad to inform you that you are able to open TD Bank accounts with us here in the US. Before we go into details on how to apply, we'd like to let you know that we offer many different types of Checking and Savings accounts, and you can view and compare these here: http://bit.ly/1aDaRqd and here: http://bit.ly/1pJT9I9, Or, feel free to use our selector tools which recommend products for you – take a look at http://bit.ly/1vW1xnU for checking and http://bit.ly/1vW1DvM for savings.
Once you have decided on the best account for your banking needs, as a Canadian resident with a legal Canadian address, you can visit http://bit.ly/1ishIab to begin an account with TD Bank in the United States. Please click on the Open a U.S. Account button on the right-hand side of the page. Use the Open Account buttons to select your account and begin the application process. If you prefer, you can speak with a Representative from our TD Cross Border Banking Support Line 24/7 by calling 877-700-2913, who can also assist you in opening the account by phone.
With either method, we request that you provide your name, street address, date of birth, Social Insurance number and valid identification to complete the account opening process. Please keep in mind that your Canadian consumer credit profile will also be used to verify your identity. Once your account has been opened and after you have made your initial deposit, you'll be eligible to order a free TD Bank Visa Debit card as well as checks for your account, which will be sent separately via postal mail and will typically arrive within 7-14 business days.
You mentioned you may be interested in opening a joint account. If you wish to open a joint account, both parties must be present at the time of the account opening at one of our Stores in the U.S., or, you may open the account as listed above as an individual account, and a second owner can be added at a later time by visiting a TD Bank Store. To find TD Store locations, please visit, http://bit.ly/TDStores. Each signer of a joint account can receive their own TD Visa Debit Card with which U.S. Dollar purchases can be made.
We also know that you were inquiring about transferring funds from your TD U.S. account to your TD Canada Trust account. Once your account is set up here in the States, you'll be able to take advantage of our Cross Border Banking service. Using that, you can transfer funds between your TD Bank U.S. and TD Canada Trust accounts, free of charge. If you wish to, please feel free to speak with a Representative from our TD Cross Border Banking Support Line 24/7 at the number listed above 24/7 (877-700-2913). For more information, please take a look here: http://bit.ly/1ienPN4.
Although Credit Cards are not included with our checking accounts as our Debit Cards are, you might be be glad to learn that TD Bank here in the States does offer the opportunity for you to apply for a personal U.S. TD Visa Credit Card as well. In order to do so, you'll need to have a U.S. residential street address within the TD U.S. footprint, and have existing deposit accounts with us here as well. You're welcome to begin the application for a U.S. Visa Credit Card here: http://bit.ly/1vJ8Oa9. Please note that if your Social Insurance number is provided on the application, your Canadian credit history will be used as part of the application process; or, if you have a U.S. Social Security number and use that information, your U.S. credit history will be used. Any questions can be directed to our Cross Border Banking line at the number listed above.
You also mentioned your interest in Business accounts with us. Please note, to open a business account with TD Bank, you must visit us at a TD Store during lobby hours to do so. Additionally, it would first be necessary to register your business in the United States to obtain the required documentation to open an account.
For example, if you have a Corporation or a Limited Liability Company (LLC), TD Bank requires your Formation Documents or Certificate of Good Standing, both issued by the State. Please note that other documents would also be required for account opening. If you intend to register your business in the United States, we recommend contacting a TD Bank Store near your location to determine all the necessary items, depending on the type of business you have.
Once you have all the required paperwork, you're welcome to visit us at any Store to open an account, as there are a few things you'd need to bring with you. If your business account is going to have multiple signers, be sure to bring them with you for the account opening process. Those who are going to be signers on the account need to bring the following documents: a valid photo ID (Driver's License, Passport, Military ID etc.) and Social Security number. For a non-resident alien opening a business account, you will need two valid forms of ID and a W-8 Ben must be completed during the account opening process. Also, you'll want to bring the Tax Identification number for your business.
If you're considering this option, we suggest reviewing the types of business accounts that TD Bank has to offer. If you take a look here, http://bit.ly/1lWgAhe, the link shows our current business checking products. Our web page can even make a selection based on your needs with the business checking selector tool: http://bit.ly/1lGeYmw. If you have any questions while reviewing these options, a Business Banking Specialist would be happy to assist you over the telephone. You can reach them by dialing 1-855-278-8988.You could also click here: http://bit.ly/SWDqsn to fill in a form to request a call from a Small Business Banking Specialist.
We hope we have answered all your questions for you, Heath. If you have any further inquiries, please do not hesitate to write back. Enjoy your night!
Kristen P, Mount Laurel
February 6, 2015 08:30:47 PM
1 person recommended this
In reply to Kristen, Mount Laurel
Thanks very much, Kristen, for your prompt, friendly and thorough reply to my many questions! Great information
Heath, Sidney, BC, Canada
February 10, 2015 11:43:15 AM
We appreciate the kind words Heath! It's our pleasure to be able to assist and we're glad you found our answers helpful. Please let us know if you have any other questions and take care!
Colleen B, Mount Laurel
February 10, 2015 11:44:08 AM