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hi what is excess TX fee
July 23, 2014 06:32:37 PM
In reply to toya, brooklyn
We appreciate you taking a moment to visit us here on TD Helps, Toya.
When you see "Excess TX Fee" on your statement, it is referring to excess pre-authorized withdrawals, transfers or checks. This fee is assessed when your Savings or Money Market account exceeds six (6) withdrawals during a statement cycle. 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 the Excess TX Fee 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.
We'd like to take this opportunity to let you know that checking account to checking account transfers are unlimited. A checking account may be more suitable for you, if you're requiring more than six debit transactions a month. Feel free to take a look here: http://bit.ly/KmmHe7 for our Checking Selector Tool, which will help you select the best TD Bank Checking account for you. You may also check out, http://bit.ly/1nyH0Xp to compare the checking accounts we offer.
If you decide which checking account is best for you, we have multiple ways to open the account. You may open an account over the phone 24/7 by calling 888-751-9000, online by visiting http://bit.ly/RRGjuk or you may do so at any TD Bank Store. Please visit http://bit.ly/TDStores for a TD Bank location near you.
We hope you found this information helpful, Toya. Have a splendid day!
Sandy D, Mount Laurel
July 23, 2014 06:34:57 PM