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My brother lives in Canada and I am trying to transfer money to him. He has an account based in Canada. What is the best way to do it? What is the cost associated with the transfer?
Rany, Silver Spring
July 20, 2015 02:31:26 PM
In reply to Rany, Silver Spring
Welcome to TD Helps, Rany. We'd be glad to help you send funds to your brother.
To initiate an international wire transfer from your account, you will need to visit a TD Bank Store. For hours and locations near you please take a look at: http://bit.ly/TDStores.
To send an international wire all you need is:
· The full name, address, including city, state/province, country and account number of the person/business (for Euro Zone countries – IBAN – International Banking Account Number) you are sending money to
· The full name and address, including city, state/province and country of the financial institution receiving the funds
· The amount and currency of the transfer
Keep in mind that depending on the currency you are sending, some transactions may take longer than others. You may want to contact the other financial institution to determine what information they require to receive the wire. Please see the link listed below for all applicable fees that may apply.
Keep in mind that transfer fees may apply, for our fee schedule follow this link: http://bit.ly/1cTejgt. We would also recommend checking with the other financial institution to ensure no other additional information is required as well as to obtain information regarding any additional fees for their services. And please note that we do not process or disburse funds from wire transfers received designated Pay Upon Proper Identification (PUPID) and return them to the sender.
We hope to see you at a TD Store soon, Rany and have a good day.
Megan K, Mount Laurel
July 20, 2015 02:31:53 PM
It would have that cost even if my brother's account is with a canadian TD bank ?
Rany, Silver spring
July 21, 2015 01:46:49 PM
In reply to Rany, Silver spring
Thanks for joining us again on TD Helps, Rany.
Please know that this fee will only be waived if you were transferring funds between your account with TD Bank U.S. and your account with TD Canada Trust.
If you have any additional questions, please feel free to reach out to our Banking Specialists 24/7 at 888-751-9000.
Again, we appreciate you reaching out and hope you have a nice day.
Sandy D, Mount Laurel
July 21, 2015 01:53:44 PM