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I have a student who will be attending graduate school in Canada. We need to open a joint checking account here in the U.S. that we can put money into and then write checks in Canadian dollars for his rent in Canada. His landlord recommended TD as a bank that exists in both the U.S. and Canada so I'm hoping you can tell me if it's possible to do that and how to go about it, if so?
Julie, Live Oak
June 4, 2015 02:55:09 PM
In reply to Julie, Live Oak
Thanks for joining us here at TD Helps, Julie. We appreciate you looking to TD Bank for your banking needs.
First, we'd like to clarify that TD Bank here in the U.S. and TD Canada Trust up North work together under the same TD shield, but we are two separate institutions. It sounds like you may benefit from opening an account with us here in the U.S., and an account with our partners up at TD Canada Trust in order to utilize some of our great Cross-Border Banking benefits!
As your son will be starting Grad School in Canada, you may open a joint account here in the U.S., then open a joint account while you're in Canada and you'll be able to transfer back and forth to pay your rent expenses.
To open a joint account with us here in the States, we invite you and your son to visit us during lobby hours here: http://bit.ly/TDStores. Prior to you visit, we invite you to take a look at the many different types of accounts we currently offer. To view our Checking accounts, please click here: http://bit.ly/1aDaRqd and to view our Savings accounts, take a look here: http://bit.ly/1pJT9I9. If you are unsure of what account you need, we can help! We offer Selector Tools that can help personalize a recommendation based on your banking needs. For our Checking Selector Tool, check out: http://bit.ly/KmmHe7 and here: http://bit.ly/1hXi2wF for our Savings Selector Tool.
Once you have decided on the account(s) of your choice, during your visit, please be sure that both you and your son have a photo ID handy. Photo IDs can consists of a Driver's License, State ID and/ or a U.S. Passport and Social Security numbers.
Once your TD Bank account has been open, while you're visiting Canada, you may then visit a TD Canada Trust Store to open your joint account there. We invite you to check out: http://bit.ly/1H3FwNG for more details.
Now that you have accounts at both TD Bank and TD Canada Trust, you may make deposits to your account here, and then you or your son may wish to wire transfer the funds from your joint account here in the U.S. to your joint account in Canada. Then checks may be written from the Canadian account to pay your rent expenses!
Wire transfers from TD Bank to TD Canada Trust are considered "Me to Me" transfers and are free through our Cross-Border services. To initiate a "Me to Me" wire transfer, you or your son may contact our TD Cross Border Banking Support Line 24/7 at (877)700-2913 (Option # 2 for U.S. Support). After account verification, our Cross-Border Banking Specialists would be happy to help! For more information about our Cross-Border Banking, we invite you to take a look here: http://bit.ly/1ienPN4 or reach us at the number above.
We hope this helps, Julie. If you have any other questions, please let us know.
Yen D, Mount Laurel
June 4, 2015 02:58:16 PM