Differences

This shows you the differences between two versions of the page.

--- td_bank_notes [2023/09/13 16:07] – raju
+++ td_bank_notes [2024/02/14 21:31] – raju
@@ Line 1: / Line 1: @@
-==== dummy ====
+===== dummy =====
-today | 2023-05-26
+==== today | 2023-05-26 ====
 Taking the money out of the bank is a pain.
@@ Line 19: / Line 19: @@
   * You cannot do ACH transfers from their website.
-today | 2023-07-26
+==== today | 2023-07-26 ====
 Depositing money into the account is also painful.
@@ Line 25: / Line 25: @@
   * Compare this with Capitalone where it takes 1-2 business days for the funds to be fully available. Deposited a check on 7/17 (Mon) and it was fully available on 7/19 (Wed).
-today | 2023-09-13
+==== today | 2023-09-13 ====
 Receiving money via Zelle is very restrictive.
-  * My friend tried to transfer $3,500 via Zelle from a BofA account to my TD Bank checking account. It failed. Looks like TD Bank has a limit on how much can be received via Zelle.
+  * My friend tried to transfer $3,500 via Zelle from a BofA account to my TD Bank checking account. It failed. We are not sure why.
-From the customer service reps
+The restrictions on the TD Bank side are
-  * Zelle outgoing transfer limts are $1,000 same day transfer ($5000 per month), $2,500 next day transfer ($10,000 per month).
+  * outgoing transfer limits: \$1,000 same day transfer (\$5000 per month), \$2,500 next day transfer (\$10,000 per month).
-  * There are no limits on incoming transfers.
+  * incoming transfer limits: None.
+source: TD Bank customer service reps
+The restrictions on the BofA side are
+  * https://www.bankofamerica.com/online-banking/zelle-transfer-limits/