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I purchased a money order from Moneygram for an intended purpose but I don't need it any longer and I want to deposit or cash it at TD Bank, I am a active customer.
September 6, 2015 01:16:38 PM
1 person recommended this |
In reply to Lesley, Baltimore
Thanks from coming by TD Helps, Lesley. We'd be happy to help!
We’d like to inform you that if the money order is payable to an individual and is issued by TD Bank, it can be cashed at any TD Bank location with a valid photo ID. However, if the money order is not issued by TD Bank, you can still cash it if you have sufficient funds in your account(s) to cover the amount of the money order (at least equal to the amount of the money order, are available in your total of all your TD Bank accounts).
Please note; state regulations do not permit banks to cash a money order made payable to a business. The money order must be deposited into an account bearing that business name and title. Business Customers can withdraw funds immediately by writing a check payable to "Cash" against the deposited funds.
You may also wish to deposit the money order. When making check deposits with a Teller, the first $100 is usually made available immediately. If you are a new account holder and your account has not been open for 30 consecutive days, check deposits can be held for 7-10 business days for verification purposes. After this grace period, not only will the first $100 be made available at the time of deposit but the rest of the funds will credit to your account the following business day.
Deposits made at a TD Bank ATM before 8:00 PM on a business day are considered deposits made on that same business day. A business day is every day except Saturdays, Sundays, and federal holidays. If you make a deposit at an ATM before 8:00 PM on a business day that we are open, we will consider that to be the day of your deposit. However, if you make a deposit at an ATM after 8:00 PM, or on a day we are not open, we will consider that the deposit was made on the next business day. Accounts that are 90 days old will have the initial $100 made available and generally see availability of funds the next business day.
Deposits made with TD Mobile Deposit act the same way as a deposit made with a TD ATM; however, the first $100 of your check will not be available at the time of deposit.
You may also take a look at our Personal Deposit Account Agreement here: http://bit.ly/1kb17UQ. On pages 38-41, you can find our Funds Availability Policy along with information about when you'll have access to deposits.
If you have any questions or concerns about your deposit, we ask that you contact us directly 24/7 at 888-751-9000 or during lobby hours at a TD Store near you to speak with a Representative. For lobby hours and locations near you please visit http://bit.ly/TDStores.
We hope this was helpful. If you need anything else, please let us know. Have a great one!
Yen D, Mount Laurel
September 6, 2015 01:18:11 PM
1 person recommended this