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.
July 1, 2015 09:24:03 PM
1 person recommended this |
In reply to cynthia, havertown
Welcome to TD Helps, Cynthia! We're here to happily answer any questions you have about TD Bank, including your transfer inquiry.
If you are looking to transfer funds from your TD bank Account to one of your accounts at a different institution you can do so by using the "External Transfer" feature via your TD Online Banking. "To use this feature, you must first be enrolled for Online Banking. If you have not done so, you can sign up for free here: http://bit.ly/1lU2qfY, you will need your Account Number and your TD Debit Card for this process. Once there, you will need to choose Personal from the drop down box. Then, you'll have to accept the Online Banking Agreement. Next, we'll ask you to enter in your personal information (Name, Social Security number, account number, etc.) and finally, you will have to set up three security questions. After those 3 steps are completed, you will have immediate access to your account(s) online. If you experience any difficulties while enrolling, please contact us directly at 888-751-9000. Our Banking Specialists are available 24/7 and after account verification, they would be happy to help!
Once you've successfully signed up, to start enrolling for the External Transfer feature, please select the "Transfers" tab. After selecting the "Transfers" tab you will then have to click "Transfer to Accounts Outside TD Bank," you will need to input your account information at Bank of America. To do so, select "Add a New Account." You will then be prompted to select the type of account followed by the account and routing numbers, once done please make sure to select "Add." After that, you will be able to transfer funds from your TD Account to an account you have with another Financial Institution!
Please note, External Transfers can only be conducted to or from a U.S. account in U.S. currency only. External Transfers can only be made from an Eligible Transaction Account: for example, personal Checking, Money Market or Savings accounts are usually allowed, with you as a signer on the account. Please note, accounts excluded from using this service due to ACH restrictions include, but are not limited to: Passbook, IRA, Holiday Club, Club Saver, and CDs.
There are two delivery options available when sending an External Transfer; three day or next day delivery. The next day delivery option will become available to you after 90 days of your first successful 3 day transfer and your account must be without any overdrafts in the past 90 days. There are also limits on the amount you can transfer, for more information, please check out this link:http://bit.ly/1pADlWD (specifically Pg. 3, Section 1.16 for information on the payment methods and Amounts).
If the amount you are looking to transfer exceeds the limit available, you may wish to send an outgoing wire transfer. To initiate an Outgoing Domestic Wire Transfer, please visit a TD Store near you with the following information, which you can obtain from Bank of America: you will need the name, address and ABA routing number of the receiving bank, the name of the account to be credited, the beneficiary address and the account number. For hours and locations near you please take a look at: http://bit.ly/TDStores.
Please note transfer fees may apply for both External Transfer feature and Wire Transfers, for our fee schedule follow this link: http://bit.ly/1cTejgt. We would also recommend checking with Bank of America to ensure no other additional information is required as well as to obtain information regarding any additional fees for their services. And please note that we do not process or disburse funds from wire transfers received designated Pay Upon Proper Identification (PUPID) and return them to the sender.
We hope this information was helpful, Cynthia! Thanks again for visiting us at TD Helps, and enjoy your night.
Justin B, Mount Laurel
July 1, 2015 09:24:48 PM