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I wanted to know if there was a limit i can transfer electronically.
November 12, 2014 05:44:30 PM
1 person recommended this |
In reply to Cate, Maywood
Thank you for joining us on TD Helps, Cate. Transferring between your accounts is one of the many benefits of Online Banking.
When you log in to Online Banking and select the "Transfers" tab, you may transfer funds between your checking and savings accounts as long as the transfer amounts do not exceed your available balance. To do so, you may log in via this link: http://bit.ly/1eaISlq. As mentioned before, please select the "Transfers" tab. You would then select the "To" and "From" accounts from the appropriate drop down menus and include the amount to be transferred. Be sure to specify whether or not the transfer is immediate or for a later date before selecting continue. Online Banking will then ask you to confirm your transfer.
If you are not currently enrolled in Online Banking and would like to be, you may do so at anytime by following this link: http://bit.ly/1lU2qfY. Keep in mind that you will need your account number, ATM/Visa Debit Card number, Social Security number and email address to complete the process. If you are missing any of the necessary pieces of information or need assistance enrolling, please contact us 24/7 by dialing 888-751-9000 or by visiting a TD Store during lobby hours. For hours and locations near you please visit http://bit.ly/TDStores. Whichever you choose, our Representatives will be happy to help you.
Keep in mind that there is a limit to the number of transfers that can be made from savings to other accounts before receiving a fee. Savings and Money Market accounts are restricted to a limit of six withdrawals during a statement period. Please note, there are ways in which you're able to make withdrawals without exceeding this limit. We invite you to visit http://bit.ly/1cTejgt to view our fee schedule.
The transactions which are limited for Money Markets and Savings accounts are:
- Pre-authorized ACH – Automated Clearing House debits (health club fees, insurance premiums, car payments and mortgage payments).
- Pre-authorized transfers (Overdraft protection, transfers to Holiday Club and transfers to a checking account).
- TD Bank Online Banking and Telephone Banking transfers (transfers that are debited from the Money Market or Savings account).
- Request made via phone or fax for transfers (a request made by phone falls in the unlimited category if a check is mailed to the depositor as a result of the phone transaction)
- A check drawn on the account to any payee (this type of transaction is limited to checking accounts and MMDA accounts)
- Debit Card purchases (this type of transaction is limited to checking accounts)
- Wire transfers
Transactions that will not incur fees are Over-the-Counter (OTC) withdrawals, ATM withdrawals, ATM transfers, Transfers for paying TD Bank loans and Transfers originated in person, by messenger or by mail. If you have any questions about your savings account and the number of transactions you've made, please contact us using the number mentioned above or visit your local TD Store during lobby hours for assistance.
Thank you again for joining us today, Cate and have a great night.
Megan K, Mount Laurel
November 12, 2014 06:55:09 PM
1 person recommended this