Small Business Banking
Private Client Group
Personal Financial Services
For the quickest answer, search previously asked questions below. Chances are, others have asked a similar question and there's already an answer waiting for you. If you can't find a match, ask a new question and our team members will answer.
Hi, I would like to know if there is financial responsibility as a signer on a small (corporate) business account. Signer has personal saving account in the same bank. There is no transaction between the accounts. Signer was added for the purpose of sending wire for business purpose. Thank you!
Wah, New York
October 13, 2017 10:07:06 AM
In reply to Wah, New York
Thanks for visiting us at TD Helps today, Wah!
With our Business Accounts, any listed signer is considered an owner of the account. This means that they have the ability to conduct many types of transactions on the account, such as initiating wires, writing checks, or making deposits and withdrawals.
If the signer also has a personal account with us, it is generally not linked in any way to the Business Account. In fact, if one of the signers on a joint Business Account would like the ability to make online transfers with personal accounts, we may require written permission from all signers in a TD Bank Store.
If you are looking to add or remove a signer, please visit us at a local TD Bank Store. All current signers should be present with photo ID to add a new signer so that an updated signature card can be signed. To find a TD Bank Store near you, please click here: https://go.td.com/1nq31dc.
We hope this helps, Wah. Have a great weekend!
Candice A, Mount Laurel
October 13, 2017 10:07:21 AM