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can i transfer person to person from a business account?
September 3, 2014 09:59:12 PM
In reply to k, philadelphia
Thank you for joining us on TD Helps, K. We'd be happy to go over the types of transfers you can make through BusinessDirect.
Though the Person-to-Person payments are not available for use for business accounts, you have many other options when it comes to sending funds. One of the easiest ways to issue payments to other businesses or individuals is through Bill Pay. To use this feature, you must first be logged in to BusinessDirect. You can do so by clicking here: http://bit.ly/1rvBmq8. If you are not currently signed up for Bill Pay, selecting the tab will require you to accept the Bill Pay agreement. When you accept, you will be able to schedule One-Time Payments, Manage Payees and more! To create a payee, you would select the link, "Add new payee." After you select the link, you have the option of searching for a payee by name or entering all the information manually. If you enter the payee's information manually, you will need to include the following: Payee Name, Nickname, Account number, Address (including city, state and zip code), phone number and the account you'd like the payment to be debited from. Once completed, you'll be able to schedule payments to the payee you've created.
The next option that you have to send payments via BusinessDirect is ACH payments. To use this feature, you must first be enrolled in the ACH service. To do so, please select the ACH tab and then select "Enroll Today." BusinessDirect will then require you to answer 3 questions in regard to ACH payments. Once completed and after you select "next," a message will appear; letting you know that you will receive a confirmation telephone call within the next two business days. Please note that if you do not receive a call or if you miss the call from our Representatives, you will have to go into a TD Store near you to complete the enrollment request. For hours and locations please visit, http://bit.ly/TDStores.
The third method is to schedule transfers from your BusinessDirect account is Wire transfers. Wire transfers can be accessed through the "Wires" tab. The enrollment for wire services is very similar to that of the ACH enrollment. By selecting "click here," via the Wires tab you will have to answer 3 questions similar to that of the ACH enrollment. You will also receive a similar confirmation telephone call.
If you have any questions or concerns about any of these features, we recommend contacting us directly. You may do so 24/7 by dialing 800-493-7562. Our Digital Banking Specialists would be happy to help you with your BusinessDirect account.
Please note that there may be fees associated with some of these services and they may vary based on the type of account you have. For more information please call us directly 24/7 at 888-751-9000 for assistance or as always, you may visit a TD Store near you.
We hope this helps, K and have a great day
Katherine G, Mount Laurel
September 3, 2014 10:01:17 PM