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if I want to transfer money out of TD simply checking account into my brokerage account, how much fee will TD charge me for it?
October 31, 2014 10:27:06 AM
In reply to Al, Fairfield
Thanks for dropping by TD Helps, Al. We'll be happy to provide the fee information in regards to funds transfer.
You have a few options to transfer funds from your TD Simple Checking Account to your brokerage account and we would be happy to provide the information to you.
We'd like to first recommend External Transfer service which is one of our newest features on www.tdbank.com . External Transfers are used if you're sending money from your personal account with TD Bank to your account at another Financial Institution within the United States. This option is available via Online Banking. To use this feature you must be enrolled in Online Banking. If you are signed up already please click here http://bit.ly/1eaISlq to log in. If you are not currently enrolled and wish to do so for your personal accounts, you may use our self-service option by visiting http://bit.ly/1lU2qfY to begin the enrollment process. You will need your account number, TD Bank ATM/Debit Card, your Social Security Number and your email address. Once at the page, please select "Personal" from the drop down box. When you select continue, you will have to read and accept the Online Banking Service Agreement. Then you will be asked to enter your personal information including the items mentioned earlier and to create a user name and password. Finally you will be asked to create three security questions. When you finish the enrollment process, you will have immediate access to your account(s).
If you do not have the required information to set up for Online Banking or you need assistance enrolling, you may contact us 24/7 at 1-800-493-7562 to speak with a Digital Banking Specialist. Upon proper account verification, we would be happy to help get you started.
Once you've successfully enrolled and after you log in, please choose the "Transfers" tab and click on the "Transfer to Accounts Outside TD Bank." You would have to add your account at a different institution. 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 you enter the required fields, the transfer service will then display whether or not you can make an immediate transfer. In some cases, a trial deposit is initiated at the receiving institution for verification purposes. You’re welcome to check out http://bit.ly/1pADlWD for all of the exciting details. To qualify for the next day delivery option, you must wait 90 days from your first successful 3-day transfer and must not have had any transactions that overdrew your account in the past 90 days.
If the External Transfers service is not an option for you, your other option would be sending a wire transfer. You can send wires to any bank within the country and across the globe! If you are making a transfer within the US, you will need to gather 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.
Kindly keep in mind also that some transactions may take longer than others. You may want to contact the other financial institution to determine what information they require to receive the wire. Please note that wire transfers can only be scheduled at a TD Bank location during lobby hours. For lobby hour information and locations near you please take a look here: http://bit.ly/TDStores.
Please note that there may be fees for the use of the above services. We invite you to take a look at our Fee Schedule here: http://bit.ly/1cTejgt.
Lastly, you may contact your other financial institution directly to determine if they can request to retrieve funds from TD Bank via ACH. Please note; TD Bank does not charge for this service at this present time.
We hope this is the information you were looking for, Al. Visit us again anytime.
Colleen B, Mount Laurel
October 31, 2014 10:28:07 AM
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