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Kalina, Brooklyn, NY
September 4, 2014 10:12:07 PM
In reply to Kalina, Brooklyn, NY
Thanks for the question here on TD Helps, Kalina. We'll be glad to provide you with information on transfer limits.
Please be advised that because of Regulation D, a Government regulation which places limitations on the number of monthly transactions that can be made from a Money Market and/or Savings Account, you are limited to six total electronic debit transactions per statement cycle. Please note, that customers who make more than six (6) of these transactions during the statement cycle will be charged $9.00 for the seventh (7) transaction and for each subsequent transaction.
The limitations on Money Market and Savings Accounts include:
1. Pre-authorized ACH – Automated Clearing House debits (health club fees, insurance premiums, car payments, mortgage payments).
2. Pre-authorized transfers (overdraft protection, transfer to Holiday Club, transfer to checking account).
3. TD Bank Online Banking and Telephone Banking transfers (debited from the money market or savings account).
4. Request made by phone or fax for transfer
5. Wire transfers
Here is our Personal Deposit Account Agreement http://bit.ly/1kb17UQ for you to view for more information. For more information on our fee schedule, please take a look here: http://bit.ly/1cTejgt.
We hope the info provided helps and let us know if you have any other questions. Have a great day!
Katherine G, Mount Laurel
September 4, 2014 10:14:46 PM